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The Lahore cotton market was stable on Wednesday with moderate trading volume. Cotton in Sindh and Punjab was quoted at Rs 15,500-18,500 per maund, and Balochistan cotton at Rs 17,500 per maund.
The spot rate was unchanged at Rs 17,800 per maund.
Stable Pakistani cotton prices show no new supply or demand shock for cotton-derived feed ingredients. The market has little bearing on global feed prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.