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Markets » Cotton

TCP sells 6,800 cotton bales
Cotton

TCP sells 6,800 cotton bales

Poor response in the first tender compelled the Trading Corporation of Pakistan (TCP) to issue another tender for the sale of the remaining cotton procured from domestic market. Sources told Business Recorder Friday that although the state-run grai
Published 01 Aug, 2015 12:00am
Prices stabilise on cotton market due to quality factors
Cotton

Prices stabilise on cotton market due to quality factors

Prices firm on the cotton market on Friday due to selective buying by mills and spinners, dealers said. The official spot rate was unchanged at Rs 4700, dealers said. Seed cotton prices in Sindh were at Rs 1700-2200 and in the Punjab rates were at Rs 1723
Published 01 Aug, 2015 12:00am
Pakistan: Choice destination for trade and investments
Currency

Pakistan: Choice destination for trade and investments

Located in South Asia with an area of over 800,000 km and with a coast line of 1100 km, Pakistan borders Iran, Afghanistan, China and India and also provides the economic corridor to the newly created States of Central Asia which too is a market of nearly
Published 01 Aug, 2015 12:00am
ICE cotton rises on weaker dollar but closes July down sharply
Cotton

ICE cotton rises on weaker dollar but closes July down sharply

Benchmark cotton futures on ICE Futures US hit a more than three-month low on Friday before recovering on a sharp move lower in the US dollar, but ended July down 6.8 percent for their worst month since September 2014. "Emerging markets are not buying ver
Published 01 Aug, 2015 12:00am
TCP sells 6,800 cotton bales
Cotton

TCP sells 6,800 cotton bales

Poor response in the first tender compelled the Trading Corporation of Pakistan (TCP) to issue another tender for the sale of the remaining cotton procured from domestic market. Sources told Business Recorder Friday that although the state-run grai
Published 01 Aug, 2015 12:00am
TCP sells 6,800 cotton bales
Cotton

TCP sells 6,800 cotton bales

Poor response in the first tender compelled the Trading Corporation of Pakistan (TCP) to issue another tender for the sale of the remaining cotton procured from domestic market. Sources told Business Recorder Friday that although the state-run grai
Published 01 Aug, 2015 12:00am
Pakistan's share in global textile trade drops to 1.8 percent
Cotton

Pakistan's share in global textile trade drops to 1.8 percent

Pakistan share in global textile trade dropped from 2.2 percent to 1.8 percent during last five years and may go down to 1.5 percent by 2020 if the sector remains uncompetitive in the region with low power supply, high cost of doing business and desired r
Published 31 Jul, 2015 12:00am
Advisory issued for cotton growers
Cotton

Advisory issued for cotton growers

Experts from the Punjab Agriculture department in an advisory issued on Thursday said that cotton farmers should drain water in fields or shift it to sugarcane or fodder crops in nearby fields. They also suggested that if drainage is impossible, it should
Published 31 Jul, 2015 12:00am
Mixed trend on grain market
Cotton

Mixed trend on grain market

A mixed trend was seen on the wholesale grain market on Thursday in the process of trading, dealers said. On the cereals side, wheat new Bardan shed Rs 25 to Rs 3275, other commodities maintained overnight levels,
Published 31 Jul, 2015 12:00am
Cotton prices facing pressure
Cotton

Cotton prices facing pressure

Raw cotton prices in Pakistan remain under pressure due to fear of rain damage which may produce water-laden lint due to the continuing rainfall in several parts of the cotton belt. Moreover, global weakness in cotton and yarn prices is also pressuring th
Published 31 Jul, 2015 12:00am
Cotton prices facing pressure
Cotton

Cotton prices facing pressure

Raw cotton prices in Pakistan remain under pressure due to fear of rain damage which may produce water-laden lint due to the continuing rainfall in several parts of the cotton belt. Moreover, global weakness in cotton and yarn prices is also pressuring th
Published 31 Jul, 2015 12:00am
Spot rate higher amid moderate business
Cotton

Spot rate higher amid moderate business

Spot rate was higher on the cotton market on Thursday amid moderate trading activity, dealers said. The official spot rate was up by Rs 50 to Rs 4700, dealers said. Seed cotton prices in Sindh were at Rs 1700-2000, In Punjab, prices were at Rs 1700 and Rs
Published 31 Jul, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The December vaida was down on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The December vaida closed at Rs 1301.50 and it opened with a fall of 50 paisa at Rs 1301.00, dealers said.
Published 31 Jul, 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 (July 30, 2015).

Published 31 Jul, 2015 12:00am
WHT on bank transactions: APAT to go on strike from Saturday
Cotton

WHT on bank transactions: APAT to go on strike from Saturday

The trade bodies from all over the country, including small traders' organisations, under the banner of All Pakistan Anjuman-e-Tajiran, announced to observe shutter-down strike on August 1, 2015, (Saturday) against imposition of 0.3 percent withholding ta
Published 30 Jul, 2015 12:00am
KBP's three-day seminar from today
Cotton

KBP's three-day seminar from today

The Kisan Board Pakistan (KBP) is organising a three-day seminar on "prosperous farmer - prosperous Pakistan on Thursday (today), where strategy for a long march will also be finalised to press the government for acceptance of farmers' demands. KBP Inform
Published 30 Jul, 2015 12:00am
Modest trade on grain market
Cotton

Modest trade on grain market

A modest activity was seen on the wholesale grain market on Wednesday in the process of trading, dealers said. On the grams side, grams 50x50 lost Rs 200 to Rs 8500 and the grams Dal 50x50 followed same pattern, losing Rs 100 to Rs 9000, other commodities
Published 30 Jul, 2015 12:00am
Selective buying seen on cotton market
Cotton

Selective buying seen on cotton market

Selective buying was seen on the cotton market on Wednesday in the process of trading, dealers said. The official spot rate was unchanged at Rs 4650, dealers said. Seed cotton prices in Sindh and Punjab were at Rs 1800-2300, they said. In the ready busine
Published 30 Jul, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The December vaida was higher on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The December vaida closed at Rs 1300.50 and it opened with Re. one gain to Rs 1301.50, dealers said.
Published 30 Jul, 2015 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Tuesday at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,157 million as compared to PKR 3,741 million reported on Monday, an increase of 38 percent. The number of lots traded also increased by 135 percent to 26.46 million from 11.25 milli
Published 30 Jul, 2015 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Jul, 2015 12:00am
Cotton falls on technical signals, stronger US dollar
Cotton

Cotton falls on technical signals, stronger US dollar

Benchmark cotton futures on ICE Futures US fell on Wednesday after failing to sustain moves above a key technical level despite a strong move upwards the prior session, with a stronger US dollar also providing pressure. "When we could not move above the 1
Published 30 Jul, 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 (July 29, 2015).

Published 30 Jul, 2015 12:00am
Short supply of seed cotton pushes spot rate higher
Cotton

Short supply of seed cotton pushes spot rate higher

Short supply of seed cotton after monsoon rains pushed rates higher on the cotton market on Tuesday in the process of thin business, dealers said. The official spot rate gained Rs 50 to Rs 4650, dealers said. Seed cotton prices in Sindh and Punjab were at
Published 29 Jul, 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 3,741 million. The number of lots traded was 11.25 million. PMEX Commodity Index closed at 2,569. Major business was contributed by gold amounting to PKR 2,888 million followed by cru
Published 29 Jul, 2015 12:00am