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Cotton

Cotton

Oil cake market rates

The December contract was lower on the forward cottonseed oilcake market on Saturday in the process of trading, dealers said. The July vaida closed at Rs 1842.60 and it opened with a loss of 10 paisa in the morning session at Rs 1842.50, they said. The De
Published 21 Jun, 2015 12:00am
Cotton

Cotton market: Official spot rate drifts lower on slow business

Official spot rate fell on the cotton market on Saturday in the process of slow trading, dealers said. The official spot rate was down by Rs 50 to Rs 5350, dealers said. In the ready session, around 600 bales of cotton finalised between Rs 4800 and Rs 533
Published 21 Jun, 2015 12:00am
Cotton

Moong rates down sharply on grain market

Moong prices came down on the wholesale grain market on Saturday in the process of thin trading, dealers said. On the cereals side, Moong Punjab fell sharply by Rs 2000 to Rs 11250 and Moong Afghan followed same pattern, losing Rs 875 to Rs 12625, the sai
Published 21 Jun, 2015 12:00am
Cotton

Australia cuts farm commodity forecasts

Australia on Tuesday slashed forecast production levels for wheat, cotton and other agricultural commodities in fiscal 2015/16 as an El Nino weather phenomenon grips the country and dries out farmland. Meteorologists warn the current El Nino, the second i
Published 21 Jun, 2015 12:00am
Cotton

Easier trend seen on cotton market

Easier trend prevailed on the cotton market on Friday in the process of modest trading activity, dealers said. The official spot rate was inert at Rs 5400, dealers said. In the ready session, around 2600 bales of cotton finalised between Rs 5200 and Rs 54
Published 20 Jun, 2015 12:00am
Cotton

Cotton falls on investor liquidation ahead of first notice day

ICE cotton futures fell on Friday as investors liquidated long positions ahead of the first notice day for the July contract next Wednesday, as the spread between July and the most-active December contract remained relatively stable. "There's a lot of for
Published 20 Jun, 2015 12:00am
Cotton

Decline in textile exports irks Senate panel

The Senate Standing Committee on Textile Industry Friday expressed serious reservations over 14 percent decline in textile exports during the current year saying that such a situation predicts that the government would not be able to take full advantage o
Published 20 Jun, 2015 12:00am
Cotton

Decline in textile exports irks Senate panel

The Senate Standing Committee on Textile Industry Friday expressed serious reservations over 14 percent decline in textile exports during the current year saying that such a situation predicts that the government would not be able to take full advantage o
Published 20 Jun, 2015 12:00am
Cotton

Decline in textile exports irks Senate panel

The Senate Standing Committee on Textile Industry Friday expressed serious reservations over 14 percent decline in textile exports during the current year saying that such a situation predicts that the government would not be able to take full advantage o
Published 20 Jun, 2015 12:00am
Cotton

PPCBL recovers Rs 590 million agriculture loans

The Punjab Provincial Co-operative Bank has recovered Rs 590m agriculture loans advanced for sowing, growing and harvesting of Rabi crops 2014-15 till 15th June 2015, President / CEO of PPCBL Muhammad Ayub said here on Wednesday. He said the co-operative
Published 19 Jun, 2015 12:00am
Cotton

Cotton inches up on weaker dollar after export sales report

ICE cotton futures rose on Thursday on weakness in the US dollar after a US government report showed export sales had risen modestly over the previous week, though prices remained within the range of the prior session. "Nobody is really comfortable with w
Published 19 Jun, 2015 12:00am
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (June 18, 2015).

Published 19 Jun, 2015 12:00am
Cotton

Modest trade on grain market

Modest trade activity was seen on the wholesale grain market on Thursday due to less buying interest, dealers said. On the cereals side, Guwar Sindh fell by Rs 200 to Rs 5300 and Rs 5400, Guwar Punjab was down by Rs 100 to Rs 4800 and Rs 4900, wheat new B
Published 19 Jun, 2015 12:00am
Cotton

Oil cake market rates

The December contract was up on the forward cottonseed oilcake market on Thursday in the process of trading, dealers said. The July vaida closed at Rs 1842.00 and it opened with a gain of 40 paisa in the morning session at Rs 1842.40, they said. The Decem
Published 19 Jun, 2015 12:00am
Cotton

Leading buyers not interested in cutting fresh deals

A kind of dullness again witnessed on the cotton market on Thursday as major buyers showed less interest in new deals in the absence of guiding leads, dealers said. The official spot rate was inert at Rs 5400, dealers said. In the ready session, over 1200
Published 19 Jun, 2015 12:00am
Cotton

Sizeable slump on cotton market

Despite the fact that hardly 50,000 to 60,000 bales of unsold cotton from current crop (August 2014 / July 2015) are left with the ginners, a sharp fall of about Rs 200 per maund (37.32 Kgs) in the prices of cotton has been reported from the ready market.
Published 19 Jun, 2015 12:00am
Cotton

Sizeable slump on cotton market

Despite the fact that hardly 50,000 to 60,000 bales of unsold cotton from current crop (August 2014 / July 2015) are left with the ginners, a sharp fall of about Rs 200 per maund (37.32 Kgs) in the prices of cotton has been reported from the ready market.
Published 19 Jun, 2015 12:00am
Cotton

Product diversification a must to win global market: LCCI

President of the Lahore Chamber of Commerce and Industry (LCCI) Ijaz A Mumtaz has said that only market and product diversification can help us to make our way in the global market. While talking to a group of exporters here at the Lahore Chamber on Wedne
Published 18 Jun, 2015 12:00am
Cotton

Cotton dips after strong rally, ahead of export sales report

ICE cotton futures fell in light volume on Wednesday after a sharp rally the prior session, as extensive short-covering on Tuesday left fewer buyers in the market ahead of a weekly US export sales report due on Thursday. "They had levels at which they wan
Published 18 Jun, 2015 12:00am
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (June 17, 2015).

Published 18 Jun, 2015 12:00am
Cotton

Daily trading report of PMEX

On Tuesday at Pakistan Mercantile Exchange (PMEX), value traded was PKR 1.955 billion. The number of lots traded was 10,881. PMEX Commodity Index increased by 0.14 percent and closed at 2,714. Major business was contributed by crude oil amounting to PKR 1
Published 18 Jun, 2015 12:00am
Cotton

Oil cake market rates

Both the futures stayed put on the forward cottonseed oilcake market on Wednesday in the process of trading, dealers said. The July vaida closed at Rs 1842.70 and it opened at the same rate in the morning session, they said. The December vaida ended at Rs
Published 18 Jun, 2015 12:00am
Cotton

Dullness prevails on cotton market ahead of Ramazan

Thin business was witnessed on the cotton market on Wednesday as most of the participants were on the sidelines ahead of Ramazan, dealers said. The official spot rate was inert at Rs 5400, dealers said. In the ready session, nearly 800 bales of cotton fin
Published 18 Jun, 2015 12:00am
Cotton

Mixed pattern seen on grain market

Prices moved both ways on the wholesale grain market on Wednesday in the process of modest trading, they said. Most of the changes were seen on the grams sector where grams Australia No 1 gained Rs 100 to Rs 7500, grams Australia Dall No 2 picked up the s
Published 18 Jun, 2015 12:00am
Cotton

UAF vice chancellor calls for judicious use of fertilisers

"The balanced use of fertilisers can increase the production of major crops up to 50 percent," said Faisalabad University of Agriculture Vice Chancellor Doctor Iqrar Ahmad Khan during a media briefing about the university's models being developed for prop
Published 18 Jun, 2015 12:00am
Cotton

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange (PMEX), value traded was PKR 2.347 billion as compared to PKR 1.711 billion reported on Friday, an increase of 37 percent. The number of lots traded also increased by 10 percent to 13,334 from 12,076. PMEX Commodi
Published 17 Jun, 2015 12:00am
Cotton

Oil cake market rates

The July vaida was up on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The July vaida closed at Rs 1842.50 and it opened with a gain of 20 paisa at Rs 1842.70 in the morning session, they said. The December vaid
Published 17 Jun, 2015 12:00am