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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

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

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

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

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

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

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

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

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

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

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

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (December 15, 2015).

Published 16 Dec, 2015 12:00am

Cotton

Cotton falls for third straight session as buyers hold out

Cotton futures fell for the third straight session on Monday, touching nearly a two-week low as prices on the upper end of a recent trading range continued to deter buyers, who held out for further dips. "We were overbought and we're kind of regathering o

Published 16 Dec, 2015 12:00am

Cotton

Lean business on grain market

Not much business activity was witnessed on the wholesale grain market on Tuesday in the process of trading, dealer said. On the cereals side, Gur low type was down by Rs 200 to Rs 5800 and the good quality was lower by Rs 300 to Rs 6200, they said.

Published 16 Dec, 2015 12:00am

Cotton

Cotton market: trading activity improves on short crop report

Trading activity improved on the cotton market on Tuesday following the reports of fall in production, 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 16 Dec, 2015 12:00am

Cotton

Modest trade seen on grain market

Modest trading activity was seen on the wholesale grain market on Monday, dealer said. On the cereals side, Moong Punjab was higher by Rs 125 to Rs 10250, Moong Afghan went up by Rs 875 to Rs 11250, Masoor Canada, however, lost Rs 200 to Rs 10000-10300, w