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Apr 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Cotton

Fiscal fights fade as US Congress backs huge budget bill
Cotton

Fiscal fights fade as US Congress backs huge budget bill

Brushing aside concerns about deepening the budget deficit, US lawmakers approved $1.8 trillion worth of federal spending and tax breaks on Friday in a rare case of bipartisan action after years of damaging fiscal fights in Congress. The Senate voted 65-3
Published 20 Dec, 2015 12:00am
China 2015 cotton output seen at 5.6 million tones
Cotton

China 2015 cotton output seen at 5.6 million tones

China, the world's top cotton consumer, will produce 5.6 million tonnes of the fibre in 2015, down 9.3 percent from the previous year, said the National Bureau of Statistics on Friday, blaming the decline on a drop in planted acreage for this year's crop.
Published 20 Dec, 2015 12:00am
ICE cotton snaps six days of declines, ends week little changed
Cotton

ICE cotton snaps six days of declines, ends week little changed

Cotton futures snapped a six-day streak of declines on Friday to post their largest single-session gains in two weeks and finish the week little-changed, with the day's gains attributed to a quick flurry of buying amid options expiry. Prices spiked at 1:3
Published 20 Dec, 2015 12:00am
Prices mixed on grain market
Cotton

Prices mixed on grain market

Mixed patterns were seen on the wholesale grain market on Saturday in process of trading, dealer said. On the grams side, gram Australia No 1 gained Rs 100 to Rs 8600, grams Dall 50x50 picked up Rs 400 to Rs 10600, yellow peas Russia shed Rs 25 to Rs 3675
Published 20 Dec, 2015 12:00am
Cotton market: prices remain firm on modest trade
Cotton

Cotton market: prices remain firm on modest trade

Prices maintained a firm posture on the cotton market on Saturday in the process of modest trade, dealers said. The official spot rate was unchanged at Rs 5,250, dealers said. In Sindh, seed cotton prices were at Rs 2000 and Rs 2900 and in the Punjab, rat
Published 20 Dec, 2015 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Saturday (December 19, 2015).

Published 20 Dec, 2015 12:00am
Cotton market: no major change seen after PCGA report
Cotton

Cotton market: no major change seen after PCGA report

No major change was seen on the cotton market on Friday after the Pakistan Cotton Ginners Association (PCGA) fortnightly report, dealers said. The official spot rate was unchanged at Rs 5,250, dealers said. In Sindh, seed cotton was at Rs 2000 and Rs 2900
Published 19 Dec, 2015 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

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

Published 19 Dec, 2015 12:00am
Cotton at 2-1/2-week low on weak export sales, strong dollar
Cotton

Cotton at 2-1/2-week low on weak export sales, strong dollar

Cotton futures fell for the sixth straight session on Thursday, hitting their lowest levels in 2-1/2 weeks as a stronger US dollar weighed on prices and a US export sales report suggested weak demand at the upper end of a prolonged tight trading range. "T
Published 19 Dec, 2015 12:00am
Tractor industry on the verge of shutdown: PAAPAM
Cotton

Tractor industry on the verge of shutdown: PAAPAM

Pakistan Association of Automotive Parts and Accessories Manufactures has raised concern over the collapse of tractor sales resulting in the closure of Millat Tractors, AGTL and 300+ vending industry located in the Lahore and Karachi vicinity and associat
Published 19 Dec, 2015 12:00am
Ginners receive over 9 million bales by December 15
Cotton

Ginners receive over 9 million bales by December 15

Pakistan Cotton Ginners Association (PCGA) said that seed cotton (Phutti) equivalent to over 90,34,118 bales of cotton have reached ginneries across Pakistan as of December 15, which shows a decrease of 31.74 percent compared to corresponding period last
Published 19 Dec, 2015 12:00am
RCMA to take over Plexus Cotton's trading arm
Cotton

RCMA to take over Plexus Cotton's trading arm

RCMA Group will take over the cotton trading business of medium-sized UK-based merchant Plexus Cotton, the latest move by the Singapore-based trader to expand its commodities operations beyond its roots in rubber, Plexus said in a statement. Terms of the
Published 18 Dec, 2015 12:00am
Cotton falls for 5th straight session as Fed raises rates
Cotton

Cotton falls for 5th straight session as Fed raises rates

Cotton futures dipped in light volume on Wednesday, paring gains from earlier in the session after the US Federal Reserve announced an interest rate hike, boosting the dollar and raising concerns that capital would flow out of commodities. "We had a real
Published 18 Dec, 2015 12:00am
Firm trend on grain market
Cotton

Firm trend on grain market

Steadier trend was witnessed on the wholesale grain market on Thursday as most the commodities held the overnight levels in the process of trading, dealer said. On the seeds side, cottonseeds oilcake with bag Sindh new low type was unchanged at Rs 2050 wh
Published 18 Dec, 2015 12:00am
Slow sales on steady cotton market
Cotton

Slow sales on steady cotton market

Turnover was slow on the cotton market on Thursday though prices were mostly maintained in a stable market. Both the global and the local cotton markets were uninspiring as demand remained soft. Competition from hydrocarbons like polyester also continued
Published 18 Dec, 2015 12:00am
Slow sales on steady cotton market
Cotton

Slow sales on steady cotton market

Turnover was slow on the cotton market on Thursday though prices were mostly maintained in a stable market. Both the global and the local cotton markets were uninspiring as demand remained soft. Competition from hydrocarbons like polyester also continued
Published 18 Dec, 2015 12:00am
Seed cotton prices slide on slow activity
Cotton

Seed cotton prices slide on slow activity

Seed cotton prices dropped sharply on the cotton market on Thursday amid slow trading activity, dealers said. The official spot rate was unchanged at Rs 5,250, dealers said. In Sindh, seed cotton low type prices were lower by Rs 200 to Rs 2000 while the b
Published 18 Dec, 2015 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 23,352 million. The number of lots traded was 170.61 million. PMEX Commodity Index closed at 2,509. Major business was contributed by gold amounting to PKR 22,405 million followed
Published 18 Dec, 2015 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

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

Published 18 Dec, 2015 12:00am
ICE cotton falls for fourth straight session
Cotton

ICE cotton falls for fourth straight session

Cotton futures fell in light volume on Tuesday as traders hesitated to take on new positions before the US Federal Reserve's statement expected on Wednesday. "People are waiting to see what the Fed is going to do with the rates tomorrow," said Bobby Walto
Published 17 Dec, 2015 12:00am
The grave export challenge
Cotton

The grave export challenge

Everyone agrees export growth is vital for our precarious balance of payments (BoP). Loans (IMF, multilateral donors, bonds), 'one offs' (3G licence, gift from a friendly country, off-loading equity holdings), and lucky breaks (Coalition Support Fund, bon
Published 17 Dec, 2015 12:00am
Rice sector: Pakistan opposes India-led countries' proposal
Cotton

Rice sector: Pakistan opposes India-led countries' proposal

Pakistan has reportedly opposed India-led countries' proposal to purchase crops from farmers which can massively hit Pakistani rice sector, well informed sources told Business Recorder. Commerce Minister, Engineer Khurram Dastgir Khan is leading Pa
Published 17 Dec, 2015 12:00am
Prices mixed on grain market
Cotton

Prices mixed on grain market

Mixed price patterns were seen on the wholesale grain market on Wednesday in the process of trading, dealer said. On the cereals side, Moong Punjab gained Rs 130 to Rs 10380, Gur low type continued to decline for the second day, losing more Rs 200 to Rs 5
Published 17 Dec, 2015 12:00am
Cotton market: prices stabilise on modest trade activity
Cotton

Cotton market: prices stabilise on modest trade activity

Prices maintained current levels on the cotton market on Wednesday in the process of modest trading, dealers said. The official spot rate was unchanged at Rs 5,250, dealers said. In Sindh, seed cotton prices were at Rs 2200 and Rs 2900 and in the Punjab,
Published 17 Dec, 2015 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (December 16, 2015).

Published 17 Dec, 2015 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 3,622 million. The number of lots traded was 13.29 million. PMEX Commodity Index closed at 2,503. Major business was contributed by gold amounting to PKR 2,984 million followed by cru
Published 16 Dec, 2015 12:00am