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Cotton

Oil cake market rates

The December vaida extended it's gains on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The December vaida closed at Rs 1301.90 and it opened with 30 paisa gain at Rs 1302.20 in the early session, dealers sai

Published 13 Aug, 2015 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (August 12, 2015).

Published 13 Aug, 2015 12:00am

Cotton

ICE cotton surges after USDA slashes output forecast

ICE cotton surged in record-high volume on Wednesday, hitting a two-week high and reaching its daily price limit after the US government slashed its forecast for US and global production and ending stocks significantly more than expected. December cotton

Published 13 Aug, 2015 12:00am

Cotton

MCCI for striking export-import balance

Multan Chamber of Commerce and Industry (MCCI) has urged upon the government to maintain balance in exports and imports to escape from the trade deficit and Pakistani products be encouraged. President of Multan Chamber of Commerce and Industry Mian Iqbal

Published 13 Aug, 2015 12:00am

Cotton

Decreasing trend of agriculture commodities: working groups formed to suggest steps

The government has formed six working groups to formulate suggestions in order to address issues and challenges being faced by the farming community in the country on the back drop of decreasing trend of the agriculture commodities in international market

Published 12 Aug, 2015 12:00am

Cotton

20-member Vietnamese trade delegation visits Karachi

A 20-member high-powered trade delegation from Vietnam led by Deputy Director Foreign Trade, Vietnam along with Vietnam Ambassador to Pakistan visited Karachi. A press release of Trade Development Authority of Pakistan (TDAP) said that Embassy of Vietnam

Published 12 Aug, 2015 12:00am

Cotton

Offers below reserve price: TCP scraps second tender for cotton

Trading Corporation of Pakistan (TCP) scrapped the second tender for cotton as the offers it received were lower than the reserve price set for the sale of the commodity. Sources told Business Recorder Tuesday that TCP's second cotton tender, opene

Published 12 Aug, 2015 12:00am

Cotton

Lean business on grain market

A few changes were seen on the local grain market on Tuesday in the process of trading, dealers said. On the rice sector, Irri-6 Sindh low type was up by Rs 25 to Rs 2875 and the best quality was unchanged at Rs 2950, they added.

Published 12 Aug, 2015 12:00am

Currency

Cotton market: mills indulge in active buying

Mills indulged in active buying on the cotton market on Tuesday amid curtail in supply of seed cotton, causing increase in rate, as well, dealers said. The official spot rate was higher by Rs 50 to Rs 4,500, dealers said. Seed cotton prices in Sindh were

Published 12 Aug, 2015 12:00am

Cotton

oil cake market rates

The December vaida extended it's gains on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The December vaida closed at Rs 1301.30 and it opened with 60 paisa gain at Rs 1301.90 in the early session, dealers said.

Published 12 Aug, 2015 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (August 11, 2015).

Published 12 Aug, 2015 12:00am

Cotton

Brazil sugar cane, coffee harvests to stay dry until end August

Conditions during harvest in Brazil's main sugar-cane and coffee belt will stay dry until the end of August or early September, when the first rains in over a month will fall in the south-east growing region, local forecaster Somar said Tuesday. Somar met

Published 12 Aug, 2015 12:00am

Currency

ICE cotton falls ahead of monthly supply-demand report

ICE cotton futures fell on Tuesday as China's currency devaluation kindled concerns about demand, though physical buying and positioning ahead of Wednesday's US government supply and demand report limited losses. "The price is right here," said Michael Qu

Published 12 Aug, 2015 12:00am

Cotton