After a stability for few days, cotton prices today reduced to Rs2450 per maund in Pakistan.
In ready cotton, four stations record meager transactions of around 1600 cotton bales today.
SDK witnessed transactions of 600 bales at Rs2450 per maund, while at RYK and Ubaro 400 bales each changed hands for Rs2450 and Rs2400 respectively. However, Rohri remained last with only 200 bales transacted at Rs2400.
According to Cotlook Indices, A Index was 59.05 and B Index stood at 56.85.
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Karachi Cotton Association
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