Spot rates were unchanged at Rs 6,800 per maund (37.324 kg) and Rs 7,288 per 40 kg. Ex-karachi rates also remained firm at Rs 6,935 per maund and Rs 7,433 per 40 kg after adding Rs 135 and Rs 145 as upcountry expenses, respectively.
Five transactions of 3,000 bales at rates between Rs 6,825 and Rs 7,000 per maund were recorded by Karachi Cotton Exchange from Shujaabad, Haroonabad, Faqirwali and Muhammadpur Diwan.
Additionally, farmers have started sowing cotton seeds for the new season in lower Sindh. (KD)
Fibre2Fashion News Desk – India
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