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Markets » Cotton

Cotton drifts lower as weary speculators hold off on buying
Cotton

Cotton drifts lower as weary speculators hold off on buying

ICE cotton futures inched lower on Friday after correcting upward in the prior session from a two-week low, as speculators refrained from buying after suffering heavy losses during the sharp move lower earlier in the week. "The mills don't want to pay up
Published 29 Aug, 2015 12:00am
The disaster in food security
Cotton

The disaster in food security

The scenes were unbelievable as farmers rolled their potatoes on the roads of the Mall Lahore and in front of the provincial assembly building. The political system has failed the farmers once again and every time this happens it is the 'N' League's insen
Published 29 Aug, 2015 12:00am
'Agricultural pricing policy': a viewpoint
Cotton

'Agricultural pricing policy': a viewpoint

Dr Hafiz A. Pasha in his article "Agricultural pricing policy" has stated that "In the absence of any interventions, conditions in the markets for crops have deteriorated. The worst-hit are rice, cotton and potato growers. The commodity prices are persist
Published 29 Aug, 2015 12:00am
'UAF determined to provide technology to every farmer'
Cotton

'UAF determined to provide technology to every farmer'

The University of Agriculture in Faisalabad (UAF), determined to take the technology at the doorstep of every farmer of the province, has developed soil-test-based fertiliser prediction models to predict the required amount of N and P for desired yield of
Published 29 Aug, 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 (August 28, 2015).

Published 29 Aug, 2015 12:00am
NIBAF holds training on Islamic banking
Cotton

NIBAF holds training on Islamic banking

National Institute of Banking and Finance (NIBAF) operated by the State Bank of Pakistan conducted five-day training on Islamic banking at Training Management Division FTC, Karachi. Prominent Sharia scholars Mufti Ehsan Waquar and Dr Khalil Aazmi conducte
Published 29 Aug, 2015 12:00am
Cotton market: seed cotton rates firm on fresh rains
Cotton

Cotton market: seed cotton rates firm on fresh rains

Prices of seed cotton showed further gains after fresh rains in cotton belt, dealers said on the cotton market on Friday. The official spot rate recovered Rs 50 to Rs 4,500, dealers said. Seed cotton prices in Sindh were at Rs 2300 and Rs 2450 and in Punj
Published 29 Aug, 2015 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Thursday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 6,070 million as compared to PKR 5,769 million reported on Wednesday, an increase of 5 percent. The number of lots traded was 23.06 million. PMEX Commodity Index closed at 2,465. Ma
Published 29 Aug, 2015 12:00am
Africa's squandered commodity boom erodes US trade promise
Cotton

Africa's squandered commodity boom erodes US trade promise

A fresh US trade pact could provide relief to African economies buffeted by the commodities slump but a failure to reform during the boom years has left many countries unable to profit from tariff-free access to the world's largest market. In an effort to
Published 29 Aug, 2015 12:00am
Meeting of NA body on rules of procedure & privileges held
Cotton

Meeting of NA body on rules of procedure & privileges held

A meeting of the National Assembly Standing Committee on Rules of Procedure and Privileges met at Parliament House on Wednesday, under the Chairmanship of Chaudhry Asad-ur-Rehrnan, MNA to discuss the following agenda: The Question of Privilege raised by M
Published 28 Aug, 2015 12:00am
Cotton market shows strong signs of stabilising
Currency

Cotton market shows strong signs of stabilising

Cotton crop (August 2015 / July 2016) is going through a steady phase and some arrivals from Sindh were being delayed awaiting proper opening of the bolls. Seedcotton (Kapas / Phutti) equivalent to 25,000 lint bales (155 Kgs) is reportedly arriving into t
Published 28 Aug, 2015 12:00am
Cotton market shows strong signs of stabilising
Currency

Cotton market shows strong signs of stabilising

Cotton crop (August 2015 / July 2016) is going through a steady phase and some arrivals from Sindh were being delayed awaiting proper opening of the bolls. Seedcotton (Kapas / Phutti) equivalent to 25,000 lint bales (155 Kgs) is reportedly arriving into t
Published 28 Aug, 2015 12:00am
Phutti prices rise on tight supply position
Cotton

Phutti prices rise on tight supply position

Prices of seed cotton improved modestly on the cotton market on Thursday amid tight supply, dealers said. The official spot rate was down by Rs 50 to Rs 4,450, dealers said. Seed cotton prices in Sindh were at Rs 2300 and Rs 2450 and in Punjab rates at Rs
Published 28 Aug, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The January vaida launched on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The December vaida closed at Rs 1302.50, opened with no change in the early session, dealers said. The January contract closed at Rs
Published 28 Aug, 2015 12:00am
Sluggish business on grain market
Cotton

Sluggish business on grain market

Sluggish business activity was seen on the local grain market on Thursday in the process of trading, dealers said. On the cereals side, Urad Burma lost Rs 250 to Rs 14250, other commodities maintained overnight levels, they said. On the grams side, yellow
Published 28 Aug, 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 5,770 million. The number of lots traded was 6.914 million. PMEX Commodity Index closed at 2,422. Major business was contributed by crude oil amounting to PKR 3,211 million followe
Published 28 Aug, 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 (August 27, 2015).

Published 28 Aug, 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 (August 26, 2015).

Published 27 Aug, 2015 12:00am
Cotton hits two-week low as crop concerns dissipate
Cotton

Cotton hits two-week low as crop concerns dissipate

ICE cotton futures hit a two-week low on Wednesday despite a rebound in global equities, suggesting supply concerns prompted by a bullish US government crop report two weeks ago are evaporating. "We're really coming to terms with [the fact that] the Texas
Published 27 Aug, 2015 12:00am
Lean business on grain market
Cotton

Lean business on grain market

Slow business activity was seen on the local grain market on Wednesday in the process of trading, dealers said. On the cereals side, Moong Punjab lost Rs 2250 to Rs 8500, Moong Afghan, however, gained Rs 1750 to Rs 10750, wheat new Bardan picked up Rs 25
Published 27 Aug, 2015 12:00am
Cotton market: prices stabilise as growers stop selling
Cotton

Cotton market: prices stabilise as growers stop selling

Rates maintained firm trend on the cotton market on Wednesday as growers stopped selling at current prices on expectations of increase in prices in the near future, dealers said. The official spot rate was unchanged at Rs 4,500, dealers said. Seed cotton
Published 27 Aug, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The December vaida was lower on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The December vaida closed at Rs 1303.30, it shed 30 paisa at Rs 1303.00 in the early session, dealers said.
Published 27 Aug, 2015 12:00am
War against terror: Nazarbayev hails Pakistan's role
Cotton

War against terror: Nazarbayev hails Pakistan's role

Pakistan and Kazakhstan on Wednesday agreed to bolster bilateral ties through enhanced co-operation in trade, economy, energy, science and technology, education, and air-connectivity for the mutual benefit of two brotherly countries. "As we move forward,
Published 27 Aug, 2015 12:00am