Related Keywords: closed operations, cotton industry, cotton trading, Karachi Cotton Exchange on Wednesday, majority of mills, off season, recording only one transaction, remained slow, spot rates remained unchanged, two thousand bales from Shujabad
Cotton trading remained slow at the Karachi Cotton Exchange on Wednesday recording only one transaction of 2,000 bales from Shujabad at the rate of Rs6,900/maund, while spot rates remained unchanged.
The spot rates stood firm at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also remained unchanged at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.
