Cotton is a major crop in Pakistan, and today you can find the latest cotton rates in Pakistan. The rates of cotton per maund bag or per kg are updated daily to keep track of the market trends. Many farmers prefer growing cotton as it is a cash crop in the country. It's essential to stay informed about the daily market rate of cotton, given its potential for volatility.
The textile industry in Pakistan heavily relies on cotton production for both local use and export. Phutti, or seed cotton, is collected in the form of bales from all around the country.
The minimum support for cotton prices today, as approved by the Economic Coordination Committee, stands at Rs 8000 per kg. In 2022, the approximate price range for cotton in Pakistan was between US$ 1.26 and US$ 1.36 per kg, or between US$ 0.57 and US$ 0.62 per pound.
Rahim Yar Khan
In Pakistan Rupee, cotton prices today are approximately PKR 193.67 per kg, and the average price for a tonne is US$ 1258.87 in Lahore and Islamabad.
In 2019, imported cotton prices today in Pakistan were US$ 1.49 per kg.
Please note that these prices are approximate and subject to daily changes. For cotton yarn and other textile raw material quotes, reach out to us.
The rise in cotton prices is linked to the textile industry's increasing demands in Pakistan. Reports of crop losses due to pests and heavy rains in cotton-growing areas have contributed to the recent price hikes, despite an expanded cotton cultivation area this year.
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