Raw cotton steadies, seedcotton hits record
Domestic raw cotton remained steady on Friday, however, seedcotton hit a record high of Rs5,900 per 40kg after a significant shortfall in the fortnightly report by the Pakistan Cotton Ginners' Association, dealers said.
Cotton prices on Tuesday set another record of Rs 4800 per maund across the country in early trading, The high-quality cotton prices have further increased by Rs 100 to Rs 4800 per maund.