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Markets » Cotton

Oil cake market rates
Cotton

Oil cake market rates

The December vaida was lower and the January contract was unchanged on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The December vaida closed at Rs 1303.60, opened with 60 paisa decline at Rs 1303.00 in the ea
Published 02 Sep, 2015 12:00am
Daily trading report of PMEX0
Cotton

Daily trading report of PMEX0

On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,812 million. The number of lots traded was 7.32 million. PMEX Commodity Index closed at 2,523. Major business was contributed by crude oil amounting to PKR 4,365 million. This was f
Published 02 Sep, 2015 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Friday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 11,277 million. The number of lots traded was 14.02 million. PMEX Commodity Index closed at 2,503. Major business was contributed by gold amounting to PKR 6,712 million. This was foll
Published 01 Sep, 2015 12:00am
Upward trend on grain market
Cotton

Upward trend on grain market

An upward trend was seen on the local grain market on Monday in the process of modest trading, dealers said. On the cereals side, Moong Punjab was higher by Rs 50 to Rs 10875, Moong Afghan did not move any side due to balanced demand and supply, Urad Burm
Published 01 Sep, 2015 12:00am
Cotton market: rates slip modestly on rise of phutti supply
Cotton

Cotton market: rates slip modestly on rise of phutti supply

Phutti prices likely to come under pressure as supply improved after a short break on the cotton market on Monday, dealers said. The official spot rate sustained overnight level at Rs 4,550, dealers said. Seed cotton prices in Sindh were lower by Rs 50 to
Published 01 Sep, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Falling trend was seen on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The December vaida closed at Rs 1303.80, opened with 20 paisa decline at Rs 1303.60 in the early session, dealers said. The Jan contract cl
Published 01 Sep, 2015 12:00am
Cotton settles unchanged as traders await fundamental news
Cotton

Cotton settles unchanged as traders await fundamental news

ICE cotton futures settled unchanged on Monday, remaining near the bottom of a recent trading range on uncertainty about the US crop and concern about emerging market demand, as traders awaited a new supply and demand report next month. "There's days to b
Published 01 Sep, 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 Monday (August 31, 2015).

Published 01 Sep, 2015 12:00am
Australia slashes duty on textile products by half
Cotton

Australia slashes duty on textile products by half

Australia has slashed duty on Pakistani products mainly textile products by 50 per cent - from 10 percent to five percent - in response to concerted efforts of incumbent government especially the Commerce Ministry. This was disclosed by Commerce Minister
Published 01 Sep, 2015 12:00am
Australia slashes duty on textile products by half
Cotton

Australia slashes duty on textile products by half

Australia has slashed duty on Pakistani products mainly textile products by 50 per cent - from 10 percent to five percent - in response to concerted efforts of incumbent government especially the Commerce Ministry. This was disclosed by Commerce Minister
Published 01 Sep, 2015 12:00am
Australia slashes duty on textile products by half
Cotton

Australia slashes duty on textile products by half

Australia has slashed duty on Pakistani products mainly textile products by 50 per cent - from 10 percent to five percent - in response to concerted efforts of incumbent government especially the Commerce Ministry. This was disclosed by Commerce Minister
Published 01 Sep, 2015 12:00am
PAT's survey: MoF's response
Cotton

PAT's survey: MoF's response

According to Business Recorder of 28th August, 2015, the media cell of the Pakistan Awami Tehreek held a nation-wide survey on the topic "Is the economy of Pakistan improving"? Around 25,000 people in Pakistan and abroad took part in the week-long
Published 01 Sep, 2015 12:00am
TCP asks FBR to clarify rate of WHT on lint cotton
Cotton

TCP asks FBR to clarify rate of WHT on lint cotton

The Trading Corporation of Pakistan (TCP) has asked the Federal Board of Revenue (FBR) to clarify the rate of withholding tax on purchase of lint cotton under the prevailing laws, as the rate would have future implications for TCP if government intervenes
Published 01 Sep, 2015 12:00am
TCP asks FBR to clarify rate of WHT on lint cotton
Cotton

TCP asks FBR to clarify rate of WHT on lint cotton

The Trading Corporation of Pakistan (TCP) has asked the Federal Board of Revenue (FBR) to clarify the rate of withholding tax on purchase of lint cotton under the prevailing laws, as the rate would have future implications for TCP if government intervenes
Published 01 Sep, 2015 12:00am
Austria's Lenzing expects China demand to stay strong
Currency

Austria's Lenzing expects China demand to stay strong

Austria's Lenzing expects demand in China for its textile fibres to stay strong and help lift full-year results above last year's level, the company said on Tuesday. The world's biggest maker of cellulose fibre said it had almost doubled its earnings befo
Published 31 Aug, 2015 12:00am
Efforts under way to raise value-addition in textile: Dastgir
Cotton

Efforts under way to raise value-addition in textile: Dastgir

The Federal Minister for Commerce Khurram Dastgir has claimed that his government is making some serious and well-planned efforts to increase value-addition in the textile sector to attract more shares in the regional and international markets. Minister K
Published 30 Aug, 2015 12:00am
FPCCI criticises approval of trade policy draft
Cotton

FPCCI criticises approval of trade policy draft

Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Standing Committee on Horticulture and Food Exports, Chairman Ahmad Jawad said without consultation from the private sector and sans identifying factors affecting the exports the cabinet panel
Published 30 Aug, 2015 12:00am
Cotton market: prices gain momentum on rising demand
Cotton

Cotton market: prices gain momentum on rising demand

Prices went up modestly on the cotton market on Saturday amid tight supply of seed cotton, dealers said. The official spot rate extended overnight gains, picking up Rs 50 to Rs 4,550, dealers said. Seed cotton prices in Sindh were higher by Rs 50 to Rs 23
Published 30 Aug, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Both the futures were up on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The December vaida closed at Rs 1302.50, opened with 30 paisa rise at Rs 1302.80 in the early session, dealers said. The January contra
Published 30 Aug, 2015 12:00am
Lean business on grain market
Cotton

Lean business on grain market

A slow activity was seen on the local commodity market on Saturday due to less buying interest, dealers said. On the rice side, Irri-6 Sindh quoted at Rs 2800 and Rs 2850, other items maintained their overnight levels, they said. On the seeds side, cotton
Published 30 Aug, 2015 12:00am