Published June 24, 2026 Updated about 2 hours ago By Recorder Report LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Tuesday decreased the spot rate by Rs 300 and closed it at Rs 18,300 per maund. Speaking to BUSINESS RECORDER, Cotton analyst Naseem Usman told BUSINESS RECORDER that market remained easy and the panic selling was observed especially in Punjab under the influence of international market. He also told that Rate of cotton in Sindh us in between Rs17,800 to Rs 18,000 per maund, while Phutti in the province is trading between Rs8,000 to Rs 8,500 per 40 kilograms. In Punjab, cotton rates stand between Rs18,000 to Rs 18,200 per maund, with Phutti fetching between Rs…