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Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (September 11, 2015).

Published 12 Sep, 2015 12:00am

Cotton

Cotton hits two-week high

ICE cotton hit a more than two-week high but quickly pared gains to settle slightly higher on Friday after the US government slashed its forecast for global demand amid an uncertain economic outlook for cotton-consuming emerging market economies. Prices i

Published 12 Sep, 2015 12:00am

Cotton

LCCI for promotion of regional trade

President of the Lahore Chamber of Commerce & Industry (LCCI) Ijaz A Mumtaz has said that promotion of regional trade is a must to enhance exports. "It is a matter of concern that our exports are going down at a time when our competitors are writing new s

Published 12 Sep, 2015 12:00am

Cotton

KBP to stage sit-in for raise in support price

Kissan Board Pakistan (KBP) has announced to stage a sit-in at Faisal Chowk on Saturday to press the government for increasing the support price of cotton, sugarcane, rice, corn, potato and other agricultural commodities. KBP is also demanding to reduce t

Published 12 Sep, 2015 12:00am

Cotton

'Textile manufacturing sector still has huge potential'

Textile manufacturing sector still has huge potential which could be best utilised through business excellence, said Nadeem Allahwala Senior Vice President Faisalabad Chamber of Commerce and Industry (FCCI). He was addressing a seminar organised by the bu

Published 12 Sep, 2015 12:00am

Cotton

Cotton market: Price hits season's high level on persistent demand

Persistent demand by mills pushed rates to hit season's peak on the cotton market on Friday in the process of trading, dealers said. The official spot rate maintained upward march for the third day, gaining Rs 50 to Rs 4,700, dealers said. Seed cotton pri

Published 12 Sep, 2015 12:00am

Cotton

Daily trading report of PMEX

On Thursday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 6,675 million as compared to PKR 5,626 million reported on Wednesday, an increase of 19 percent. The number of lots traded also increased by 19 percent to 41.243 million from 34.59

Published 12 Sep, 2015 12:00am

Cotton

Cotton inches up in tight range ahead of USDA crop report

ICE cotton inched up on Thursday but remained within a tight trading range as traders looked ahead to the US government supply and demand report expected on Friday, which will be the first after an unexpectedly bullish report last month. "Everybody's kind

Published 11 Sep, 2015 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (September 10, 2015).

Published 11 Sep, 2015 12:00am

Cotton

July cotton yarn export up 11 percent

Pakistan exported 50,373 tons of cotton yarn in the first month of new fiscal year, up by 11 percent, according to Pakistan Bureau of Statistics. Increase in cotton yarn export stood at 4,966 tons in July 2015 compared to the yarn export of 45,407 tons in

Published 11 Sep, 2015 12:00am

Cotton

Cotton market clouded by Eid sentiment

On the approaching Eidul Azha which will be celebrated during the last week of this month, cotton buyers have started building their inventories to keep their mills running till the end of this month. Dwindling supply of transportation and closures on app

Published 11 Sep, 2015 12:00am

Cotton

Cotton market clouded by Eid sentiment

Published 11 Sep, 2015 12:00am

Cotton

Rising trend seen on grain market

An upward trend was witnessed on the local grain market on Thursday in the process of modest trading, dealers said. On the cereals side, Moong Afghan gained Rs 250 to Rs 11000, other commodities maintained overnight levels, they said. On the rice sector,

Published 11 Sep, 2015 12:00am

Cotton

Prices surge on tight supply position

Prices went up sharply on the cotton market on Thursday amid tight supply against strong demand, dealers said. The official spot rate was up by Rs 50 to Rs 4,650, dealers said. Seed cotton prices in Sindh were at Rs 2400 and Rs 2450 and in Punjab rates we

Published 11 Sep, 2015 12:00am

Cotton

Oil cake market rates

Both the deliveries were higher on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The December vaida closed at Rs 1304.90, opened with Re. one gain at Rs 1305.90 in the early session, dealers said. The Jan cont

Published 11 Sep, 2015 12:00am

Cotton

Pakistan - An economic overview

Decades of internal political disputes and low levels of foreign investment have led to slow growth and under-development in Pakistan. Agriculture accounts for more than one-fourth of output and two-fifths of employment. Textiles account for most of Pakis

Published 11 Sep, 2015 12:00am

Cotton

Cotton market rising demand meets rising prices

Prices of fine quality moved higher on the cotton market on Wednesday on the back of surging demand by mills and spinners, dealers said. The official spot rate was up by Rs 50 to Rs 4,600, dealers said. Seed cotton prices in Sindh were at Rs 2400 and Rs 2