The Karachi Cotton Association is surprised to note that some quarters are quoting Spot Rates of Cotton in various Social Media Groups and other platforms in the name of the Karachi Cotton Association.

In this context, the Karachi Cotton Association clarifies that due to suspension of its all operations in the backdrop of sealing of the Cotton Exchange Building by the FIA and Evacuee Trust Property Board on 12-12-2025, the Karachi Cotton Association is not fixing Daily Spot Rates of Cotton since 13-12-2025.

The Karachi Cotton Association also clarifies that the Spot Rates of Cotton being quoted by some quarters, in their vested interests, in the name of the Karachi Cotton Association, in various Social Media Groups and other platforms, are illegal, uncalled for, and are leading to misguiding Cotton Traders, Banks, and Insurance Companies.