Cotton price rises to Rs 3,600 as forward buying continues

KARACHI (September 18, 2009): Mills and exporters indulged in forward buying on the cotton market on Thursday ahead of Eid-ul-Fitr holidays, they said. Approximately 11,000 bales changed hands between Rs 3450-3600, they said. Phutti prices in Sindh were same at Rs 1680-1700 and in Punjab, the rates were at Rs 1725-1750, they added.