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Cotton market remains bearish, spot rate stands at Rs5,518 per 40kg

byCustoms Today Report
06/03/2015
in Business
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KARACHI: Despite prices remained steady, cotton market Thursday stayed bearish as leading traders withdrew to the sidelines.

The Karachi Cotton Association’s (KCA) spot rates remained unchanged.

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Deals finalised on ready counter were: 400 bales Chichawatni at Rs4,850, 400 bales Dhar­anwala at Rs4,900, 600 bales Haroonabad at Rs5,000, 400 bales Khanewal at Rs5,100, 400 bales Bahawalpur at Rs5,150, 500 bales Shair Sultan at Rs5,200, 1,000 bales Sadiqabad at Rs5,200, 1,000 bales Rahimyar Khan at Rs5,200 and 1,000 bales Khanpur at Rs5,200.

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