Markets » Cotton

Government intervention to create distortions: KCA
Cotton

Government intervention to create distortions: KCA

Responding to a report appearing in the Press recently that the government is considering to buy one million cotton bales at high prices from the market in order to support the growers, Amin Hashwani, Chairman, the Karachi Cotton Association (KCA) reitera
Published 22 Aug, 2015 12:00am
Cotton market: mills, spinners take interest in fine quality
Cotton

Cotton market: mills, spinners take interest in fine quality

Mills and spinners showed persistent interest in fresh buying of fine quality to cover their requirement, dealers said on the cotton market on Friday. The official spot rate was unchanged at Rs 4,650, dealers said. Seed cotton prices in Sindh were lower b
Published 22 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 21, 2015).

Published 22 Aug, 2015 12:00am
ICE cotton little changed amid crop uncertainty, commodities rout
Cotton

ICE cotton little changed amid crop uncertainty, commodities rout

ICE cotton futures hit a six-week high but settled little-changed on Friday as concerns about the upcoming US crop prevented merchant selling but a cross-commodities rout limited speculative buying. "Since the crop report, people are much more cautious,"
Published 22 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 20, 2015).

Published 21 Aug, 2015 12:00am
Upside momentum continues on cotton market
Currency

Upside momentum continues on cotton market

The domestic cotton market continues to remain steady due to some interruption in seedcotton (Kapas/Phutti) supplies because of rains and swelling of rivers over the past several weeks. However, this phenomenon could now recede and supplies restored in th
Published 21 Aug, 2015 12:00am
Upside momentum continues on cotton market
Currency

Upside momentum continues on cotton market

The domestic cotton market continues to remain steady due to some interruption in seedcotton (Kapas/Phutti) supplies because of rains and swelling of rivers over the past several weeks. However, this phenomenon could now recede and supplies restored in th
Published 21 Aug, 2015 12:00am
Prices firm on active buying by mills
Cotton

Prices firm on active buying by mills

Active mills demand for fine quality helped prices to hold firmness on the cotton market on Thursday, dealers said. The official spot rate was unchanged at Rs 4,650, dealers said. Seed cotton prices in Sindh were unchanged at Rs 2450 and Rs 2550 and in Pu
Published 21 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 Thursday in the process of trading, dealers said. The December vaida closed at Rs 1303.90, it however, shed 10 paisa at Rs 1303.80 in the early session, dealers said.
Published 21 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 21,098 million. The number of lots traded was 116.362 million. PMEX Commodity Index closed at 2,491.
Published 21 Aug, 2015 12:00am
Desirable goals
Cotton

Desirable goals

An independent think tank, Institute of Policy Research, has expressed fears that a series of mini-budgets would be needed in the current financial year as corrective policy actions since the outcome in the first month (July) are not very promising. Thus,
Published 21 Aug, 2015 12:00am
ICE cotton falls for 1st time in six sessions on producer selling
Cotton

ICE cotton falls for 1st time in six sessions on producer selling

ICE cotton futures fell for the first time in six sessions on Wednesday, after a five-day rally following the release of a bullish US government crop forecast, as producers saw price levels near 5-1/2 week highs as a good selling opportunity. "Producers a
Published 20 Aug, 2015 12:00am
Several changes on grain market
Cotton

Several changes on grain market

A rising trend persisted on the grain market on Wednesday in the process of hectic trading, dealers said. On the cereals side, Moong Punjab was higher by Rs 500 to Rs 9500, Urad Burma followed same pattern, gaining Rs 250 to Rs 13750 and wheat Bardan, how
Published 20 Aug, 2015 12:00am
Cotton market: prices improve slightly on tight supply of phutti
Cotton

Cotton market: prices improve slightly on tight supply of phutti

Tight supply of seed cotton helped the rates to improve with gradual pace on the cotton market on Wednesday, dealers said. The official spot rate was unchanged at Rs 4,650, dealers said. Seed cotton prices in Sindh were unchanged at Rs 2450 and Rs 2550 an
Published 20 Aug, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The December vaida extended overnight gains on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The December vaida closed at Rs 1303.20 and it rose by 70 paisa at Rs 1303.90 in the early session, dealers said.
Published 20 Aug, 2015 12:00am
Ministry criticised for decline in exports
Cotton

Ministry criticised for decline in exports

National Assembly Standing Committee on Commerce on Wednesday criticised Commerce Ministry on the continuous decline in exports during the last two years. Presided over by Siraj Muhammad Khan, who defied Chairman PTI by attending National Assembly session
Published 20 Aug, 2015 12:00am
Ministry criticised for decline in exports
Cotton

Ministry criticised for decline in exports

National Assembly Standing Committee on Commerce on Wednesday criticised Commerce Ministry on the continuous decline in exports during the last two years. Presided over by Siraj Muhammad Khan, who defied Chairman PTI by attending National Assembly session
Published 20 Aug, 2015 12:00am
Ministry criticised for decline in exports
Cotton

Ministry criticised for decline in exports

National Assembly Standing Committee on Commerce on Wednesday criticised Commerce Ministry on the continuous decline in exports during the last two years. Presided over by Siraj Muhammad Khan, who defied Chairman PTI by attending National Assembly session
Published 20 Aug, 2015 12:00am
National Assembly body suggests package for cotton growers
Cotton

National Assembly body suggests package for cotton growers

The National Assembly's Standing Committee on Textile Industry Wednesday recommended a package for cotton growers including zero percent sales tax on fertilisers/pesticides, relief in energy prices and government's intervention in the cotton market to pro
Published 20 Aug, 2015 12:00am
National Assembly body suggests package for cotton growers
Cotton

National Assembly body suggests package for cotton growers

The National Assembly's Standing Committee on Textile Industry Wednesday recommended a package for cotton growers including zero percent sales tax on fertilisers/pesticides, relief in energy prices and government's intervention in the cotton market to pro
Published 20 Aug, 2015 12:00am
National Assembly body suggests package for cotton growers
Cotton

National Assembly body suggests package for cotton growers

The National Assembly''s Standing Committee on Textile Industry Wednesday recommended a package for cotton growers including zero percent sales tax on fertilisers/pesticides, relief in energy prices and government''s intervention in the cotton market to p
Published 20 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 19, 2015).

Published 20 Aug, 2015 12:00am
Ibrahim Fibres Limited
Cotton

Ibrahim Fibres Limited

Ibrahim Fibres Limited is a giant in the textile industry. With nearly Rs 23 billion in market capitalisation, the company takes its place among the top stocks on the KSE. It is one of the largest producers of polyester in the country. The company's core
Published 20 Aug, 2015 12:00am
Ibrahim Fibres Limited
Cotton

Ibrahim Fibres Limited

Ibrahim Fibres Limited is a giant in the textile industry. With nearly Rs 23 billion in market capitalisation, the company takes its place among the top stocks on the KSE. It is one of the largest producers of polyester in the country. The company's core
Published 20 Aug, 2015 12:00am
Prices up on grain market
Cotton

Prices up on grain market

Rice and Masoor prices were higher on the local grain market on Tuesday in the process of trading, dealers said. On the cereals side, Masoor Canada gained Rs 200 to Rs 9000-9200, Masoor Dall Canada low type was unchanged at Rs 10800 while the best quality
Published 19 Aug, 2015 12:00am
Firmness prevails on persistent demand of seed cotton
Cotton

Firmness prevails on persistent demand of seed cotton

Steadier trend was seen on the cotton market on Tuesday on persistent demand of phutti by the mills and spinners, dealers said. The official spot rate was unchanged at Rs 4,650, dealers said. Seed cotton prices in Sindh were at Rs 2450 and Rs 2550 and in
Published 19 Aug, 2015 12:00am