Related Keywords: at a higher level, but water scarcity might affect the production of the crop, Cotton sowing started in Sindh, Karachi Cotton Exchange, preparations for new crop in Pakistan, remained slow with stable cotton, spot rate remained unchanged, Trading at the cotton market
Trading at the cotton market remained slow with stable cotton and preparations for new crop in Pakistan are at a higher level. Cotton sowing has started in Sindh, but water scarcity might affect the production of the crop.
The spot rate at Karachi Cotton Exchange on Monday, remained unchanged. The spot rates remained unchanged at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also stood firm at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.
