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Markets » Cotton

ICE cotton hits five-week high as USDA report drives buying
Cotton

ICE cotton hits five-week high as USDA report drives buying

ICE cotton futures rose for the fourth straight session on Monday and touched the highest level since July 10, bolstered by last week's bullish US government forecast. "It's a different world if the USDA numbers are correct," said Jordan Lea, chairman and
Published 18 Aug, 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 7,807 million. The number of lots traded was 45.16 million. PMEX Commodity Index closed at 2,533. Major business was contributed by gold amounting to PKR 6,414 million. This was follow
Published 18 Aug, 2015 12:00am
Modest trade on grain market
Cotton

Modest trade on grain market

Modest trading was seen on the grain market on Monday as main participants did not take interest in fresh buying, dealers said. On the cereals side, Moong Punjab lost Rs 250 to Rs 9000, other commodities maintained week-end levels, they said. On the seeds
Published 18 Aug, 2015 12:00am
Cotton market: prices soar amid tight supply of phutti
Cotton

Cotton market: prices soar amid tight supply of phutti

Prices maintained an upward trend on the cotton market on Monday owing to tight supply of seed cotton because of rains in many parts of Punjab, dealers said. The official spot rate was higher by Rs 100 to Rs 4,650, dealers said. Seed cotton prices in Sind
Published 18 Aug, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The December vaida sustained a rising trend on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The December vaida closed at Rs 1302.80 and it rose by 20 paisa gain at Rs 1303.00 in the early session, dealers said.
Published 18 Aug, 2015 12:00am
Cotton price trend: Punjab CM seeks PM's intervention
Cotton

Cotton price trend: Punjab CM seeks PM's intervention

Chief Minister Punjab Shahbaz Sharif has sought Prime Minister Nawaz Sharif's intervention to address the issue of low price of seed-cotton, which, he argued has led to an untenable situation for the provincial government politically as well as administra
Published 18 Aug, 2015 12:00am
Cotton price trend: Punjab CM seeks PM's intervention
Cotton

Cotton price trend: Punjab CM seeks PM's intervention

Chief Minister Punjab Shahbaz Sharif has sought Prime Minister Nawaz Sharif's intervention to address the issue of low price of seed-cotton, which, he argued has led to an untenable situation for the provincial government politically as well as administra
Published 18 Aug, 2015 12:00am
Cotton price trend: Punjab CM seeks PM''s intervention
Cotton

Cotton price trend: Punjab CM seeks PM''s intervention

Chief Minister Punjab Shahbaz Sharif has sought Prime Minister Nawaz Sharif''s intervention to address the issue of low price of seed-cotton, which, he argued has led to an untenable situation for the provincial government politically as well as administr
Published 18 Aug, 2015 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Saturday (August 15, 2015).

Published 16 Aug, 2015 12:00am
Tariff reduction: power ministry reacts to APTMA's claim
Cotton

Tariff reduction: power ministry reacts to APTMA's claim

The Ministry of Water and Power has strongly reacted to the claim of All Pakistan Textile Mills Association (Aptma) with regard to reduction in power tariff. "We gave comparison of average rates of 2015 and 2014 and not industrial rates of 2013 which the
Published 16 Aug, 2015 12:00am
Tariff reduction: power ministry reacts to APTMA's claim
Cotton

Tariff reduction: power ministry reacts to APTMA's claim

The Ministry of Water and Power has strongly reacted to the claim of All Pakistan Textile Mills Association (Aptma) with regard to reduction in power tariff. "We gave comparison of average rates of 2015 and 2014 and not industrial rates of 2013 which the
Published 16 Aug, 2015 12:00am
Tariff reduction: power ministry reacts to APTMA''s claim
Cotton

Tariff reduction: power ministry reacts to APTMA''s claim

The Ministry of Water and Power has strongly reacted to the claim of All Pakistan Textile Mills Association (Aptma) with regard to reduction in power tariff. "We gave comparison of average rates of 2015 and 2014 and not industrial rates of 2013 which the
Published 16 Aug, 2015 12:00am
Tariff reduction: power ministry reacts to APTMA''''s claim
Cotton

Tariff reduction: power ministry reacts to APTMA''''s claim

The Ministry of Water and Power has strongly reacted to the claim of All Pakistan Textile Mills Association (Aptma) with regard to reduction in power tariff. "We gave comparison of average rates of 2015 and 2014 and not industrial rates of 2013 which the
Published 16 Aug, 2015 12:00am
Egypt's cotton U-turn highlights wider policymaking problems
Cotton

Egypt's cotton U-turn highlights wider policymaking problems

Standing waist deep in a cotton field, Egyptian farmer Mohamed Khalil cannot mask his anger; after the agriculture ministry banned cotton imports to help local producers, the cabinet abruptly vetoed the idea - the latest in a series of economic policy U-t
Published 16 Aug, 2015 12:00am
ICE world cotton contract to begin trading in November
Cotton

ICE world cotton contract to begin trading in November

Intercontinental Exchange's world cotton futures contract will begin trading on November 2, 2015, pending regulatory approval, the exchange said on Tuesday, announcing the long-awaited launch of a contract that has met a series of hurdles. Merchants have
Published 16 Aug, 2015 12:00am
Cotton market: rates of fine type up on several factors
Cotton

Cotton market: rates of fine type up on several factors

Prices went up on the cotton market on Saturday mainly because of surge in the NY cotton futures and along with other several factors, dealers said. The official spot rate was higher by Rs 50 to Rs 4,550, dealers said. Seed cotton prices in Sindh were hig
Published 16 Aug, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The December maintained an upward trend on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The December vaida closed at Rs 1302.50 and it rose by 30 paisa at Rs 1302.80 in the early session, dealers said.
Published 16 Aug, 2015 12:00am
Falling trend on grain market
Cotton

Falling trend on grain market

A declining trend was witnessed on the grain market on Saturday due to less buying interest among buyers, dealers said. On the rice sector, Irri-6 Sindh low type was lower by Rs 100 to Rs 2825 and the best quality shed Rs 50 to Rs 2900, other types held t
Published 16 Aug, 2015 12:00am
Textile sector set to get major relief
Cotton

Textile sector set to get major relief

The Federal Board of Revenue (FBR) will take new initiatives to facilitate textile sector by addressing their concerns through new anti-smuggling strategy, upward revision of customs values on import of fabric/garments, possible regulatory duty on import
Published 15 Aug, 2015 12:00am
Textile sector set to get major relief
Cotton

Textile sector set to get major relief

The Federal Board of Revenue (FBR) will take new initiatives to facilitate textile sector by addressing their concerns through new anti-smuggling strategy, upward revision of customs values on import of fabric/garments, possible regulatory duty on import
Published 15 Aug, 2015 12:00am
Textile sector set to get major relief
Cotton

Textile sector set to get major relief

The Federal Board of Revenue (FBR) will take new initiatives to facilitate textile sector by addressing their concerns through new anti-smuggling strategy, upward revision of customs values on import of fabric/garments, possible regulatory duty on import
Published 15 Aug, 2015 12:00am
ICE cotton rises for third straight day, finds resistance
Cotton

ICE cotton rises for third straight day, finds resistance

ICE cotton rose for the third straight session on Friday after an unexpectedly bullish US government supply and demand report from earlier in the week, but encountered resistance at the prior session's high as physical market activity remained cool. "We h
Published 15 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 13, 2015).

Published 14 Aug, 2015 12:00am
ICE cotton hits more than one-month high on follow-through rally
Cotton

ICE cotton hits more than one-month high on follow-through rally

ICE cotton hit its highest level in more than one month on Thursday in a follow-through rally off the prior session's explosive gains, which were prompted by a US government report forecasting a significantly smaller crop than many expected. "There's a lo
Published 14 Aug, 2015 12:00am
Pakistan, Thailand agree to start talks on FTA
Cotton

Pakistan, Thailand agree to start talks on FTA

Pakistan and Thailand have agreed to start negotiations on Free Trade Agreement (FTA) and the first session of the negotiations will take place in Thailand on 27-28 September 2015. This was announced by the Minister for Commerce Engr Khurram Dastgir Khan
Published 14 Aug, 2015 12:00am
Met Office issues advisory to farmers
Cotton

Met Office issues advisory to farmers

The Met Office has asked the farmers to complete Kharif crops by utilising all the existing moisture in the soil especially for maize in rain-fed areas of the country. Cotton growers should remain vigilant to the adverse effects of stagnant rainwater in t
Published 14 Aug, 2015 12:00am