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Markets » Cotton

Decline in exports: explanation by MoC rejected
Exchange

Decline in exports: explanation by MoC rejected

Ministry of Commerce''s explanation for a decline in exports was rejected during the recent meeting of the Economic Co-ordination Committee (ECC) of the Cabinet with Finance Minister Ishaq Dar in the chair, well-informed sources told Business Recorder<
Published 09 Jan, 2016 12:00am
Fakhar concerned at decline in cotton production
Cotton

Fakhar concerned at decline in cotton production

Former Speaker National Assembly Syed Fakhar Imam on Thursday demanded the lawmakers to devise comprehensive agricultural policies by showing his concern that the country faces 35 percent decline in cotton production. On the other hand, we are surplus in
Published 09 Jan, 2016 12:00am
PSC approves new varieties of crops
Cotton

PSC approves new varieties of crops

Punjab Seed Council (PSC) on Thursday approved nine new varieties of different crops including three maize varieties and one variety each of wheat, green pea, ground nut, sorghum, seedless kinnow, mong beans and canola. The Council also asked for submitti
Published 08 Jan, 2016 12:00am
PPCBL advances Rs 1.48 billion loans
Cotton

PPCBL advances Rs 1.48 billion loans

The Punjab Provincial Cooperative Bank Ltd (PPCBL) advanced Rs 1.48 billion agriculture loans for sowing, growing and maturing Rabbi crops including strategic wheat, grams, lentils oil-seeds, maze, vegetables and fodder for livestock till 31st December 20
Published 08 Jan, 2016 12:00am
PPCBL advances Rs 1.48 billion loans
Cotton

PPCBL advances Rs 1.48 billion loans

The Punjab Provincial Cooperative Bank Ltd (PPCBL) advanced Rs 1.48 billion agriculture loans for sowing, growing and maturing Rabbi crops including strategic wheat, grams, lentils oil-seeds, maze, vegetables and fodder for livestock till 31st December 20
Published 08 Jan, 2016 12:00am
Cotton hits six-week low amid commodity rout, producer selling
Cotton

Cotton hits six-week low amid commodity rout, producer selling

Cotton futures touched a six-week low in heavy volume on Wednesday amid concerns about the economy in top consumer China, while US producer selling picked up as farmers who had held off until the new year for tax reasons entered the market. "There's a lot
Published 08 Jan, 2016 12:00am
Prices move both ways on grain market
Cotton

Prices move both ways on grain market

Masoor prices fell sharply and Til rates soared on the wholesale grain market on Thursday in the process of trading, dealer said. On the cereals sector, Masoor Canada lost Rs 200 to Rs 9800 and Rs 10000, Masoor Dall Canada followed same pattern, losing Rs
Published 08 Jan, 2016 12:00am
Prices tighten on cotton market
Cotton

Prices tighten on cotton market

Prices on the ready market firmed up this week upon fears that the current cotton crop (August 2015 / July 2016) in Pakistan would be less than ten million bales (155 Kgs) compared to the original projections of nearly 15 million bales on an ex-gin basis.
Published 08 Jan, 2016 12:00am
Prices tighten on cotton market
Cotton

Prices tighten on cotton market

Prices on the ready market firmed up this week upon fears that the current cotton crop (August 2015 / July 2016) in Pakistan would be less than ten million bales (155 Kgs) compared to the original projections of nearly 15 million bales on an ex-gin basis.
Published 08 Jan, 2016 12:00am
Firmness prevails on sustained buying by mills
Cotton

Firmness prevails on sustained buying by mills

Sustained buying by mills and spinners, helped rates to hold firmness on the cotton market on Thursday in process of trading, dealers said. The official spot rate maintained an upward march, picking up more Rs 50 to Rs 5,350, dealers said. In Sindh, price
Published 08 Jan, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The January vaida managed to gain on rising demand, while the March contract was unchanged on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The January vaida closed at Rs 2049.70 and it showed 40 paisa gain at
Published 08 Jan, 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 5,019 million as compared to PKR 4,183 million reported on Tuesday, an increase of 20 percent. The number of lots traded also increased by 12 percent to 18.76 million from 16.73 mi
Published 08 Jan, 2016 12:00am
Cotton finds support from mill buying at bottom of trading range
Cotton

Cotton finds support from mill buying at bottom of trading range

Cotton futures inched up on Tuesday as the prior session's fall to more than one-month lows spurred mill buying, though a sharply stronger dollar prevented any stronger gains. "There's a little business going on at this lower end of the range," said Bobby
Published 07 Jan, 2016 12:00am
Modest business on grain market
Cotton

Modest business on grain market

Modest business was seen on the wholesale grain market on Wednesday in the process of trading, dealer said. On the rice sector, Irri-6 low type was lower by Rs 10 to Rs 2880 and the fine quality was lower by Rs 25 to Rs 2925, other items maintained overni
Published 07 Jan, 2016 12:00am
Cotton market: prices higher on rising demand
Cotton

Cotton market: prices higher on rising demand

Rising demand by mills, pushed the rates further higher on the cotton market on Wednesday, dealers said. The official spot rate was up by Rs 50 to Rs 5,300, dealers said. In Sindh, prices of seed cotton were inert at Rs 1800 and Rs 2900 and in the Punjab,
Published 07 Jan, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The January vaida was higher, while the March contract was unchanged on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The January vaida was closed at Rs 2049.00 and it gained 70 paisa to Rs 2049.70 in the mor
Published 07 Jan, 2016 12:00am
National Assembly body approves Plant Breeders Rights Bill, 2015
Cotton

National Assembly body approves Plant Breeders Rights Bill, 2015

A parliamentary body on Wednesday approved the Plant Breeders Rights Bill, 2015 for ensuring breeders' rights and establishing a viable seed industry for food security in Pakistan with some proposed amendments. The National Assembly Standing Committee on
Published 07 Jan, 2016 12:00am
National Assembly body approves Plant Breeders Rights Bill, 2015
Cotton

National Assembly body approves Plant Breeders Rights Bill, 2015

A parliamentary body on Wednesday approved the Plant Breeders Rights Bill, 2015 for ensuring breeders' rights and establishing a viable seed industry for food security in Pakistan with some proposed amendments. The National Assembly Standing Committee on
Published 07 Jan, 2016 12:00am
PSC to approve new cotton varieties tomorrow
Cotton

PSC to approve new cotton varieties tomorrow

Punjab Seed Council (PSC) has convened its meeting tomorrow (January 7) in Lahore to consider the approval of 19 BT cotton varieties and two hybrid variety for cultivation in Punjab. PSC will also approve the new varieties of different crops for general c
Published 06 Jan, 2016 12:00am
Lean business on grain market
Cotton

Lean business on grain market

A few changes were seen on the wholesale grain market on Tuesday in the process of modest trading, dealer said. On gram sector, yellow peas Russia gained Rs 100 to Rs 3900 and the yellow peas Dall Russia also picked up same amount to Rs 4400, other items
Published 06 Jan, 2016 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The January vaida was lower, while the March contract was unchanged on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The January vaida was closed at Rs 2049.20 and it commenced with a loss of 20 paisa at Rs 204
Published 06 Jan, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 7,492 million. The number of lots traded was 32.07 million. PMEX Commodity Index closed at 2,521. Major business was contributed by gold amounting to PKR 6,205 million followed by cru
Published 06 Jan, 2016 12:00am
History of Karachi Port Trust
Cotton

History of Karachi Port Trust

The existence of Karachi Port dates back to eighteenth century when Alexander, the great, ended his campaign along the Punjab Rivers and Indus. His Admiral Nearchus, with his fleet, reached Krokala which is known today as Keamari. Writers like James Renne
Published 06 Jan, 2016 12:00am