Related Keywords: cotton bales, Ex Karachi rates also remained unchanged, in demand of cotton, Karachi cotton exchange, new crop, on Tuesday recorded normal trading activity, prices firm, Sindh and Punjab market, spinning mills, spot rates stood unchanged, upcountry expenses
Karachi Cotton Exchange on Tuesday recorded normal trading activity, while spot rates stood unchanged at Rs6,350/maund (37.324kg) and Rs6,805/40kg. Ex-Karachi rates also remained unchanged at Rs6,485/maund and Rs6,950/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.
KCE recorded seven transactions of around 4,500 bales from the new crop of Sindh and Punjab at a price of Rs6,275 to Rs6,550/ maund.
