Cotton market of Pakistan witnessed an increase in trade turnover at two-week high of 31,800 bales (155 kilograms) as a few textile millers returned to local markets to purchase prime quality cotton. The Karachi Cotton Association (KCA) revised its official spot rate by Rs. 50 per maund (37.324 kilograms) to Rs. 5,100 per maund. As per the report, 2000 bales from Khairpur district in Sindh were sold at Rs. 5000 to Rs. 5100 per maund (37.32 Kgs). In the Punjab, 600 bales from Vihari were sold at Rs. 5050 to Rs. 5100 per maund, 400 bales from Harunabad sold at Rs. 5100 per maund, 1000 bales from Khanewal sold at Rs. 5175 per maund, 400 bales each from Bahawalpur and Yazman Mandi sold at Rs. 5200 per maund, while 1000 bales from Rajanpur were sold at Rs. 5250 per maund.
Also Read: Pakistani cotton market sees plunge in lint price
