Pakistan Cotton

Insipid Business On Cotton Market In Absence Of Major Buyers As a result of lack of buying interest, leading buyers kept on the sidelines on the cotton market on Friday, dealers said. The official spot rate was unchanged at Rs 5,200, dealers said. In Sindh, seed cotton prices were at Rs 1500-2700, … Read more about Insipid Business On Cotton Market In Absence Of Major Buyers

Cotton market: Prices Track Recovery In Global Oil Rates Prices on the local cotton market tracked the recovery in the world markets, dealers said on Saturday. The official spot rate was unchanged at Rs 5,400, dealers said. In Sindh, prices of seed cotton were at Rs 2000 and Rs 3000 and in the … Read more about Cotton Market: Prices Track Recovery In Global Oil Rates

Cotton Market: Prices Lower On Slow Trade Prices failed to sustain overnight gains in process of slow trading, dealers said. The official spot rate gave up overnight gains, shedding Rs 50 to Rs 5,350, dealers said. In Sindh, seed cotton prices were higher by Rs 100 to Rs 1800 and Rs 3000 and in … Read more about Cotton Market: Prices Lower On Slow Trade

COTTON MARKET: PRICES RISE ON TIGHT SUPPLIES AT FIRST SESSION OF NEW YEAR Prices managed to recover on the cotton market on Friday (first session of 2016) in the process of tight supplies, dealers said. The official spot rate was higher by Rs 50 to Rs 5,250, dealers said. In Sindh, seed cotton … Read more about COTTON MARKET: PRICES RISE ON TIGHT SUPPLIES AT FIRST SESSION OF NEW YEAR

Most of the mills and spinners were on the sidelines in expectation of further decline in prices, dealers said on the cotton market on Saturday. The official spot rate was unchanged at Rs 5300, dealers said. In Sindh, seed cotton prices were at Rs 2500 and Rs 2900 and in the Punjab rates were at Rs … Read more about Cotton market: Leading Mills Stay Away On Hopes Of Further Slide In Rates

The country is likely to face massive shortfall in cotton production target of 15.49 million bales set for the current season (2015-16) after rains, floods and Cotton Leaf Curl Virus (CLCV) attacks badly damaged the crop, official sources revealed to Business Recorder. The Cotton Crop Assessment … Read more about Rains, CLCV to Hurt Cotton Prospects

Strong mills' buying pushing the rates at high on the cotton market on Saturday, dealers said. Resulting, the official spot rate maintained an upward trend, gaining more Rs 100 to Rs 5400, dealers said. In Sindh, seed cotton prices were up by Rs 100 to Rs 2600 and Rs 3100 and in Punjab rates also … Read more about Cotton market: Strong Demand Pushing Prices Up

Official spot rate extended overnight gains on the cotton market on Saturday as mills and spinners continued buying following the fears of short supply of crop in the coming days, dealers said. The official spot rate was higher by up by Rs 50 to Rs 5250, dealers said. In Sindh, seed cotton was … Read more about Cotton market: spot rate extends overnight gains on strong buying

Finance and Commerce ministries have rejected the proposal of textile ministry for procurement of seed cotton through Trade Corporation of Pakistan (TCP), terming it impracticable due to operational reasons and estimated financial loss of up to Rs 13 billion to the public exchequer, documents … Read more about Procurement Of Seed Cotton Through TCP: Textile Ministry”s Proposal Rejected

Steadier trend was again witnessed on cotton market on Thursday ahead of Independence Day holiday, dealers said. The official spot rate was stable to Rs 4,500, dealers said. Seed cotton prices in Sindh were higher by Rs 100 to Rs 2400 and Rs 2500 and in Punjab rates were at Rs 1800 and Rs 2550, they … Read more about Steadier Trend Amid Pre-Holiday Session

Poor response in the first tender compelled the Trading Corporation of Pakistan (TCP) to issue another tender for the sale of the remaining cotton procured from domestic market. Sources told Business Recorder Friday that although the state-run grain trader has successfully sold some 6,800 cotton … Read more about TCP Sells 6,800 Cotton Bales

Improved business activity was seen on the cotton market on Thursday in the process of trading, dealers said. The official spot rate was unchanged at Rs 4600, dealers said. Seed cotton prices in Sindh were at Rs 2200-2300 and in Punjab rates were at Rs 2200 and Rs 2350, they said. In the ready … Read more about Prices Firm Amid Strong Mills’ Buying