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Cotton

Cotton

Chinese delegation arrives today

On the invitation of Chairman, Pakistan-China Institute, Senator Mushahid Hussain Sayed, a Chinese delegation led by Madame Zhao Baige, Chairperson of the Joint China-Pakistan Think Tank, Research and Development International (RDI), former Minister and c
Published 01 Jun, 2015 12:00am
Cotton

Upward trend on grain market

Most of the commodities maintained an upward trend on the wholesale grain market on Saturday in the process of modest trading, dealers said. On the cereals side, Moong Punjab gained Rs 875 to Rs 10125, Moong Afghan was up by Rs 25 to Rs 12000, wheat new B
Published 31 May, 2015 12:00am
Cotton

Oil cake market rates

The July vaida was up on the forward cottonseed oilcake market on Saturday in the process of trading, dealers said. The July vaida closed at Rs 1849.00 on Thursday and it opened 50 paisa gain at Rs 1849.50, they said. The December vaida ended at Rs 1400.0
Published 31 May, 2015 12:00am
Cotton

Cotton market: rates stabilise on cautious selling by ginners

Not many fluctuations were seen in the prices on the cotton market on Saturday amid cautious selling by ginners, dealers said. The official spot rate was inert at Rs 5450, dealers said. In the ready session, over 3000 bales changed hands between Rs 5550-5
Published 31 May, 2015 12:00am
Cotton

Brazil likely to expand soya area despite low prices

Farmers will likely expand the area planted with soyabeans in Brazil for a ninth consecutive year, local analysts and farm groups said, even with prices of the country's main export crop down by a quarter from a year ago. Earlier this year, some analysts
Published 31 May, 2015 12:00am
Cotton

Benin cotton output beats forecast

Cotton output in Benin rose more than expected in the 2014/2015 season, by 28 percent year-on-year to 393,000 tonnes from a forecast 359,000, and is forecast to reach 500,000 tonnes in the next season, the government said. Cotton production, a top export
Published 31 May, 2015 12:00am
Cotton

Cotton hits near two-week high on strong export sales report

ICE cotton futures rose to their highest level in nearly two weeks on Friday after a US Department of Agriculture (USDA) report showed strong export sales last week, but prices pared gains later in the session. "Now, we're exceeding USDA projections prett
Published 30 May, 2015 12:00am
Cotton

Review petition: Nepra reserves judgement

National Electric Power Regulatory Authority (Nepra) on Friday reserved its judgement on a review petition filed by the Ministry of Water and Power aimed at reconsideration of tariff determinations of Discos for 2014-15, a reduction in subsidy and inclusi
Published 30 May, 2015 12:00am
Cotton

Review petition: Nepra reserves judgement

National Electric Power Regulatory Authority (Nepra) on Friday reserved its judgement on a review petition filed by the Ministry of Water and Power aimed at reconsideration of tariff determinations of Discos for 2014-15, a reduction in subsidy and inclusi
Published 30 May, 2015 12:00am
Cotton

Review petition: Nepra reserves judgement

National Electric Power Regulatory Authority (Nepra) on Friday reserved its judgement on a review petition filed by the Ministry of Water and Power aimed at reconsideration of tariff determinations of Discos for 2014-15, a reduction in subsidy and inclusi
Published 30 May, 2015 12:00am
Cotton

Daily trading report of PMEX

On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.203 billion. The number of lots traded also increased by 20 percent to 11,786 from 9,824. PMEX Commodity Index closed at 2,732. Major business was contributed by crude oil amounting
Published 30 May, 2015 12:00am
Cotton

Cotton market: prices rise on rising demand

Rates managed to recover modestly on the cotton market on Friday in the process of rising demand by mills and spinners, dealers said. The official spot rate rose by Rs 50 to Rs 5450, dealers said. In the ready session, over 4000 bales changed hands betwee
Published 30 May, 2015 12:00am
Cotton

Cotton has largest single-day rise in one month on dollar drop

ICE cotton futures had their largest single-session gains since April 24 on Thursday as the US dollar ended a four-day rally, falling against a basket of currencies and pressuring greenback-traded commodities like cotton. "It's taken a breather," Sharon J
Published 29 May, 2015 12:00am