Cotton falls
Karachi : Trading activity increased at the Karachi Cotton Exchange on Thursday, while spot rates decreased Rs50/maund.
Karachi Cotton Association lowered the official spot rates to Rs9,000/maund (37.324kg) and Rs9,645/40kg.
Ex-Karachi rates also fell to Rs9,160/maund and Rs9,816/40kg with Rs160 and Rs171 as upcountry expenses, respectively.
An analyst said prices dropped in the market, as supply increased and demand remained low, amid lower yarn prices. “Supply may reduce, as rain was reported in some cotton growing areas of Punjab and Sindh,” he said.
Karachi cotton market recorded 10 transactions of around 10,000 bales at the price of Rs9,000 to Rs9,200/maund.
The deals were noted from Tando Adam, Shahdadpur, Sanghar, Hyderabad, Kotri, Khadro, Burewala, Chichawatni, Samandri and Sahiwal.
-
All You Need To Know Guide To Rosacea -
Princess Diana's Brother 'handed Over' Althorp House To Marion And Her Family -
Trump Mobile T1 Phone Resurfaces With New Specs, Higher Price -
Factory Explosion In North China Leaves Eight Dead -
Blac Chyna Opens Up About Her Kids: ‘Disturb Their Inner Child' -
Winter Olympics 2026: Milan Protestors Rally Against The Games As Environmentally, Economically ‘unsustainable’ -
How Long Is The Super Bowl? Average Game Time And Halftime Show Explained -
Natasha Bure Makes Stunning Confession About Her Marriage To Bradley Steven Perry -
ChatGPT Caricature Prompts Are Going Viral. Here’s List You Must Try -
James Pearce Jr. Arrested In Florida After Alleged Domestic Dispute, Falcons Respond -
Cavaliers Vs Kings: James Harden Shines Late In Cleveland Debut Win -
2026 Winter Olympics Snowboarding: Su Yiming Wins Bronze And Completes Medal Set -
Trump Hosts Honduran President Nasry Asfura At Mar-a-Lago To Discuss Trade, Security -
Cuba-Canada Travel Advisory Raises Concerns As Visitor Numbers Decline -
Anthropic Buys 'Super Bowl' Ads To Slam OpenAI’s ChatGPT Ad Strategy -
Prevent Cancer With These Simple Lifestyle Changes