On Saturday, the local cotton market in LAHORE remained closed. In addition, satisfaction was noted in terms of volume of trade.

According to cotton analyst Naseem Usman, the cotton rate in Sindh is between Rs 17,500 and Rs 18,500 per maund. Thus, in Punjab, the cotton rate is between Rs 19,000 and Rs 19,300 per maund, the Phutti in Sindh is between Rs 6,000 and Rs 7,500 per 40 kg. Similarly, in Punjab, the Phutti rate is between Rs 7,000 and Rs 10,000 per 40 Kg while in Baluchistan the cotton rate is between Rs 17,000 and Rs 17,500 per maund. It was sold at Rs 18,000 by Maund 400 bullets from Rohri, 400 bullets from Saleh Pat, 200 bullets from Mehrab Pur. While at Rs 17,000 to Rs 18,000 per Maund, 2000 bullets from Sanghar, 1000 bullets from Shah Dad Pur, 800 bullets from Hyderabad were sold at Rs 16,500 to Rs 17,000 by Maund, 2000 bullets from Tando Adam. We also note the sale of 800 balls of Nawab Shah were sold at Rs 17,600 at Rs 18,000 per Maund, 600 balls of Shah Pur Chakar were sold at Rs 17,500 at Rs 18,000 pet maund.