Supplies from the new cotton crop have improved as sizeable quantities have started arriving in the market, majorly from the coastal cities of Sindh. The Karachi Cotton Association kept its spot rate unchanged.
Cotton broker Syed Mudabir Shah said picking somehow gets momentum in cities in Sindh including Badin, Degree, Gularhci, Mirpur Khas and Umerkot.
He said the price of phutti (seed cotton) rose by Rs50 to Rs3,500 to Rs3,625. However, the price of cotton seeds reduced from R