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Markets » Cotton

Appointment of textile minister likely
Cotton

Appointment of textile minister likely

The Prime Minister's Office has reportedly vetoed the recommendation of the Cabinet Committee on Restructuring (CCoR) for merging the textile ministry with the commerce ministry, it is learnt. The CCoR meeting held on March 27, 2015 and chaired by federal
Published 16 Jul, 2015 12:00am
Appointment of textile minister likely
Cotton

Appointment of textile minister likely

The Prime Minister's Office has reportedly vetoed the recommendation of the Cabinet Committee on Restructuring (CCoR) for merging the textile ministry with the commerce ministry, it is learnt. The CCoR meeting held on March 27, 2015 and chaired by federal
Published 16 Jul, 2015 12:00am
Appointment of textile minister likely
Cotton

Appointment of textile minister likely

The Prime Minister''s Office has reportedly vetoed the recommendation of the Cabinet Committee on Restructuring (CCoR) for merging the textile ministry with the commerce ministry, it is learnt. The CCoR meeting held on March 27, 2015 and chaired by federa
Published 16 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 15, 2015).

Published 16 Jul, 2015 12:00am
Textiles need support, not isolation
Cotton

Textiles need support, not isolation

The stakeholders in the textile trade want the federal government to maintain an independence status of Ministry of Textile, while the establishment wants its merger with Commerce Ministry (MoC) - a situation that existed before the bifurcation. In essenc
Published 16 Jul, 2015 12:00am
Farmers warned of viral, pest attacks on crops
Cotton

Farmers warned of viral, pest attacks on crops

Farmers of rain-fed parts in upcountry have been advised to sow maize following the continuing monsoon rains, besides warned of viral and pest attacks on their corps. The Met Office also advised the farmers to remove weeds, which are expected to grow, fro
Published 16 Jul, 2015 12:00am
Easier trend persists on grain market
Cotton

Easier trend persists on grain market

Most of commodities drifted lower on the wholesale grain market on Tuesday in the process of modest trading, dealers said. On the cereals side, Makai easier quality was down by Rs 190 to Rs 1935 and the good type was lower by Rs 150 to Rs 2000, they said.
Published 15 Jul, 2015 12:00am
Modest trade activity on cotton market
Cotton

Modest trade activity on cotton market

Trade activity was modest on the cotton market on Tuesday as major buyers were on the sidelines due to quality factor, dealers said. The official spot rate was unchanged at Rs 4700, dealers said. Seed cotton prices in Sindh were at Rs 2300-2350 and in Pun
Published 15 Jul, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

A downward trend persisted on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The July vaida closed at Rs 1836.30 and it opened with 10 paisa loss at Rs 1836.20 in the early session, they said. The December vaida
Published 15 Jul, 2015 12:00am
ICE cotton ends unchanged after last week's drop
Cotton

ICE cotton ends unchanged after last week's drop

Benchmark cotton prices on ICE were unchanged on Monday, buoyed by buying at key chart support even as worries lingered from a surprise drop in the US government's demand forecast. Cotton news over the past week was a "mixed bag but mostly not good for pr
Published 15 Jul, 2015 12:00am
Cotton futures rise as low prices, chart signals lure buyers
Cotton

Cotton futures rise as low prices, chart signals lure buyers

Benchmark cotton futures on ICE gained the most since late June on Tuesday, as low prices and key chart levels stoked buying. "We saw quiet a bit of buying around 65 cents (per lb)," said Louis Rose, an independent cotton trader and consultant at Risk Ana
Published 15 Jul, 2015 12:00am
Gadoon Textile Mills Limited
Currency

Gadoon Textile Mills Limited

Pakistan's largest spinning mill, Gadoon Textile Mills Limited is another success story of the prolific Yunus Brothers Group, which is the largest export house and cement manufacturer in Pakistan. Established in 1988, Gadoon was initially set up to provid
Published 15 Jul, 2015 12:00am
Gadoon Textile Mills Limited
Currency

Gadoon Textile Mills Limited

Pakistan's largest spinning mill, Gadoon Textile Mills Limited is another success story of the prolific Yunus Brothers Group, which is the largest export house and cement manufacturer in Pakistan. Established in 1988, Gadoon was initially set up to provid
Published 15 Jul, 2015 12:00am
Falling trend on grain market
Cotton

Falling trend on grain market

A downward trend was witnessed on the wholesale grain market on Monday in the process of modest trading, dealers said. On the cereals side, Barley Sindh and Mardan quoted at Rs 3250 and Rs 3300, Gur low type was higher by Rs 300 to Rs 7500 and the best qu
Published 14 Jul, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Bears dominated the forward cottonseed oilcake market on Monday in the process of trading, dealers said. The July vaida closed at Rs 1838.20 and it opened with Rs 3.00 loss at Rs 1835.20 in the early session, they said. The December vaida ended at Rs 1297
Published 14 Jul, 2015 12:00am
ICE cotton ends unchanged after last week's drop
Cotton

ICE cotton ends unchanged after last week's drop

Benchmark cotton prices on ICE were unchanged on Monday, buoyed by buying at key chart support even as worries lingered from a surprise drop in the US government's demand forecast. Cotton news over the past week was a "mixed bag but mostly not good for pr
Published 14 Jul, 2015 12:00am
US cuts China cotton demand forecast; prices fall
Cotton

US cuts China cotton demand forecast; prices fall

The US government on Friday raised its forecast for global cotton inventory in the upcoming season on weaker-than-expected demand from China, pushing prices lower and reinforcing concerns about fibre's battle for market share with polyester. In its monthl
Published 14 Jul, 2015 12:00am
NARC land: PKIC threatens to launch protest drive
Cotton

NARC land: PKIC threatens to launch protest drive

Pakistan Kissan Ittehad Council (PKIC) Monday set July-end as the deadline for government after the latter rejected the council proposal concerning setting up a housing colony by erasing National Agriculture Research Centre (NARC). The central president o
Published 14 Jul, 2015 12:00am
Check your camera's waterproofing in tub before going diving
Cotton

Check your camera's waterproofing in tub before going diving

Check the waterproof housing for your camera by dunking it into a tub - without the camera inside, of course - before you test it on a proper watery adventure, recommends the Imaging Association of Germany. Make sure you pay special attention to the rubbe
Published 13 Jul, 2015 12:00am
Bearish sentiments prevail
Mutual Funds

Bearish sentiments prevail

Bearish sentiments prevailed at the Karachi Stock Exchange (KSE) during the last week, ending July 10. During the last week, the benchmark KSE-100 index down by 1 per cent or 344 points (WoW) to close at 35,112 points compared to 35,456 points a week earl
Published 13 Jul, 2015 12:00am