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Prices remained constant at cotton market

Related Keywords: across globe, amid small lot buying, Cotton market, cotton production, cotton stock, expected to reduce, from needy mills, International Cotton Advisory Committee report, KCA, prices remained constant, reduce in cotton-sowing area, spot rate revised down

Prices on the cotton market remained constant on Friday amid small lot buying from some needy mills while the Karachi Cotton Association (KCA) revised down its spot rate by Rs50, to Rs5,100.

Price of new phutti (seed cotton) in Thatha was Rs2435, Tando Adam Rs2500, Badin Rs2475, Kunri Rs2375, Tando Allah Yar Rs2425, Mirpur Khas Rs2400, Sanghar Rs2465, Burewala Rs2400, Sahiwal Rs2375 and Pakpattan Rs2375.

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