The buying and selling of sacrificial animals continued late into the night across Karachi ahead of Eidul Adha, as residents rushed to complete
An illustrative image related to: Cattle markets see last-minute buying surge, highlighting key aspects of the story. | Image source: The Express Tribune
Cattle markets see last-minute buying surge
The buying and selling of sacrificial animals continued late into the night across Karachi ahead of Eidul Adha, as residents rushed to complete preparations for the religious festival.
A large number of individuals purchased animals from the metro's 32 officially established cattle markets, including the main market, as well as several smaller roadside markets. Traders stated there was a noticeable scarcity of lightweight calves, which remained in high need among buyers.
On the final day before Eid, many livestock traders from different parts of the country sold most of their animals and began returning to their hometowns. In several cattle markets, sellers reduced the prices of goats, calves, camels, and sheep by 30 to 40 per cent to ensure quick sales before Eid.
Livestock trader Ibrahim Qureshi stated nearly 80 per cent of the animals in metro's cattle markets had already been sold, adding that trading activity usually continues until the third day of Eidul Azha.
He stated most buyers were searching for lightweight calves priced around Rs150,000, while the sale of smaller goats also remained strong. According to him, goats were being sold for up to Rs40,000 in different markets.
Qureshi observed that prices had declined in many markets, but traders were still facing difficulty selling heavier and more expensive animals priced above Rs500,000. He further stated that many deals on the last day were finalised at reasonable prices.
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