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Apr 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Cotton

IMF's tenth review
Exchange

IMF's tenth review

The IMF's tenth review has ended on a positive note. Pakistan has met all the quantitative performance criteria for the quarter ended December 2015. In particular, the strong tax revenue collection by FBR in the second quarter has been commended. However,
Published 15 Feb, 2016 12:00am
US cotton imports damaging Turkish production, Turkey probe finds
Cotton

US cotton imports damaging Turkish production, Turkey probe finds

Turkey said it has concluded that US cotton imports are damaging domestic output after a more than year-long review, dealing a potential blow to the world's No 3 grower of natural fibre amid concerns Ankara could resort to anti-dumping duties. "Cotton imp
Published 14 Feb, 2016 12:00am
ICE cotton futures ease, see biggest weekly loss in five months
Cotton

ICE cotton futures ease, see biggest weekly loss in five months

Cotton futures ended slightly lower on Friday, easing to their biggest weekly loss since September 2015 after days of selling pressure of weak commodities markets and a bearish US government report. The second-month contract traded within a tight range th
Published 14 Feb, 2016 12:00am
Subdued business seen on cotton market
Cotton

Subdued business seen on cotton market

Business activity failed to show any improvement due to lack of buying interest by spinners and mills, dealers said on the cotton market on Saturday. The official spot rate was unchanged at Rs 5,350, dealers said. In Sindh, prices of seed cotton at Rs 160
Published 14 Feb, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Declining trend persisted on the forward cottonseeds oilcake market on Saturday as the March Vaida drifted lower in the process of trading, dealers said. The March Vaida closed on Thursday at Rs 2050.80 and it commenced with a decline of 50 paisas at Rs 2
Published 14 Feb, 2016 12:00am
Grams' rates down on grain market
Cotton

Grams' rates down on grain market

Grams prices were lower on the wholesale grain market on Saturday in the process of moderate trading, dealers said. On the grams side, grams Australia No 1 was lower by Rs 150 to Rs 7850, grams Australia Dall No 2 fell by Rs 60 to Rs 9400, grams 50x50 los
Published 14 Feb, 2016 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Saturday (February 13, 2016).

Published 14 Feb, 2016 12:00am
Cotton sinks to lowest in more than a year in commodities rout
Cotton

Cotton sinks to lowest in more than a year in commodities rout

Cotton futures fell to the lowest in over a year on Thursday, weighed down by the broadly bearish sentiment in commodities markets and data showing a drop in US export sales. "Cotton markets have been following oil and the S&P," said Rogers Varner, presid
Published 13 Feb, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Thursday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 9,923 million. The number of lots traded was 43.49 million. PMEX Commodity Index closed at 2,580. Major business was contributed by gold amounting to PKR 9,165 million followed by c
Published 13 Feb, 2016 12:00am
Member to Member
Cotton

Member to Member

The following transactions member to member subsequently reported on Friday (February 12, 2016).

Published 13 Feb, 2016 12:00am
Country may miss cotton production target: PBIF chief
Cotton

Country may miss cotton production target: PBIF chief

President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has said low cotton output is hurting millions of families in farming community and it will decrease exports and GDP. The country will miss the target of cotton production
Published 13 Feb, 2016 12:00am
Cotton rises for first time in six sessions on short-covering
Cotton

Cotton rises for first time in six sessions on short-covering

Cotton futures edged higher on Wednesday, recovering from one-year lows hit a day earlier as investors covered bearish bets after five straight sessions of losses, even as concerns mounted about growing excess inventories. Prices touched their lowest sinc
Published 12 Feb, 2016 12:00am
Slow trade seen on cotton market
Exchange

Slow trade seen on cotton market

In the backdrop of easier cotton prices and bearish macroeconomic signals internationally, cotton prices in the domestic market were soft and remained on the subdued side on Thursday. Just like the American, Chinese and Indian cotton prices have slid towa
Published 12 Feb, 2016 12:00am
Slow trade seen on cotton market
Exchange

Slow trade seen on cotton market

In the backdrop of easier cotton prices and bearish macroeconomic signals internationally, cotton prices in the domestic market were soft and remained on the subdued side on Thursday. Just like the American, Chinese and Indian cotton prices have slid towa
Published 12 Feb, 2016 12:00am
Prices stable on moderate activity
Cotton

Prices stable on moderate activity

A firm trend was seen on the cotton market on Thursday in the process of moderate business activity, dealers said. The official spot rate was unchanged at Rs 5,350, dealers said. In Sindh, prices of seed cotton low type was lower by Rs 200 to Rs 1600 and
Published 12 Feb, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The March Vaida showed no major change on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said.
Published 12 Feb, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 7,630 million. The number of lots traded was 44.29 million. PMEX Commodity Index closed at 2,577. Major business was contributed by gold amounting to PKR 6,919 million followed by
Published 12 Feb, 2016 12:00am
Growth rate uncertainty
Cotton

Growth rate uncertainty

Finance Minister Ishaq Dar, flanked by the Special Assistant to the Prime Minister on Federal Board of Revenue (FBR) Haroon Akhtar Khan and Chairman FBR Nisar Khan held a press conference on his return from Dubai where the 10th tranche review under the In
Published 12 Feb, 2016 12:00am
Moot to analyse performance of withholding agents
Cotton

Moot to analyse performance of withholding agents

The upcoming Conference of Commissioners Withholding Zones would analyse performance of withholding agents particularly banks and power distribution companies (DISCOs) to improve collection from such agents in second half of 2015-16. It is learnt that the
Published 12 Feb, 2016 12:00am
Cotton hits over one-year low on bearish USDA outlook
Cotton

Cotton hits over one-year low on bearish USDA outlook

Cotton futures sank to the lowest in over a year on Monday after the US government raised its forecast for excess inventories both in the United States, the world's top exporter, and globally, amid lower demand. The US Department of Agriculture (USDA) rai
Published 11 Feb, 2016 12:00am
Falling trend on grain market
Cotton

Falling trend on grain market

Most of the commodities were lower on the wholesale grain market on Wednesday in the process of modest trading, dealers said. On the cereals side, Makai low type shed Rs 50 to Rs 2750 and superior quality also lost Rs 75 to Rs 2775, other commodities held
Published 11 Feb, 2016 12:00am
Cotton market: business activity falls on lack of buying interest
Cotton

Cotton market: business activity falls on lack of buying interest

Lack of buying interest seen on the cotton market on Wednesday as most of participants were on the sidelines in the absence of motivating factors, dealers said. The official spot rate was unchanged at Rs 5,350, dealers said. In Sindh, prices of seed cotto
Published 11 Feb, 2016 12:00am