Related Keywords: amid modest trade, best quality of seed cotton, cotton bales, Cotton market, Cotton prices remain stable, official spot rate up, rates of Phutti dropped, seed cotton prices unchanged
Prices remain stable amid modest trade at the cotton market on Tuesday, dealers said. In Sindh, seed cotton prices were unchanged at Rs 3300-3500 and in Punjab rates of Phutti dropped by Rs 100 to Rs 3100-3450, in Balochistan, best quality of seed cotton was available at Rs 3650, per 40 kg.
But the official spot rate was up by Rs 50 to Rs 6,600.
In ready business, around 8,000 bales of cotton changed hands between Rs 6650 and Rs 6850, they said.
