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Markets » Cotton

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
Oil cake market rates
Cotton

Oil cake market rates

The December vaida was higher on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The December vaida closed at Rs 1303.00 and it rose by 20 paisa at Rs 1303.20 in the early session, dealers said.
Published 19 Aug, 2015 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,585 million The number of lots traded was 27.19 million. PMEX Commodity Index closed at 2,498. Major business was contributed by gold amounting to PKR 4,005 million followed by crud
Published 19 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 Tuesday (August 18, 2015).

Published 19 Aug, 2015 12:00am
ICE cotton rises for 5th straight day but shows signs of slowing
Cotton

ICE cotton rises for 5th straight day but shows signs of slowing

ICE cotton futures rose for the fifth straight session on Tuesday, extending a rally that began with last week's bullish US government crop forecast, but showed signs of losing momentum as it failed to exceed the prior session's high. "We're still holding
Published 19 Aug, 2015 12:00am
Import of cotton yarn: PRGMEA will oppose imposition of RD
Cotton

Import of cotton yarn: PRGMEA will oppose imposition of RD

The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) will strongly oppose any move by the Federal Board of Revenue (FBR) for imposition of regulatory duty on import of cotton yarn without taking all stakeholders of the textile ch
Published 18 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 Monday (August 17, 2015).

Published 18 Aug, 2015 12:00am
Businessmen praise services of Khanzada
Cotton

Businessmen praise services of Khanzada

Business circles and other organisations have praised the services of Shuja Khanzada and others 19 martyred and offered Fateha for their departed soul. Pakistan Yarn Merchants Association (PYMA), Pakistan Hosiery Manufacturers and Exporters Association, A
Published 18 Aug, 2015 12:00am
Demand for placing RD on yarn import criticised
Cotton

Demand for placing RD on yarn import criticised

Pakistan Apparel Forum on Monday criticised the spinning sector's demand for placing regulatory duty (RD) on yarn import and feared the proposal if implemented would further scale down value-added textile exports. In April 2014, Chairman PAF, Javed Bilwan
Published 18 Aug, 2015 12:00am