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Markets » Cotton

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
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
CRS's major achievement
Cotton

CRS's major achievement

The Cotton Research Station (CRS) Multan achieved a marvelous success against cotton leaf curl virus, a highly dangerous diseased causing loss of nearly two million bales to country. This was informed by director cotton research station Dr Sagher Ahmed wh
Published 13 Jul, 2015 12:00am
Egypt halts cotton imports in bid to boost local crop
Cotton

Egypt halts cotton imports in bid to boost local crop

Egypt has halted all cotton imports in a bid to assist the production and marketing of the local crop, the agriculture ministry said on Tuesday, signalling a change of course just six months after announcing an end to support for its farmers. "The decisio
Published 12 Jul, 2015 12:00am
China starts cotton reserves sale, demand seen weak
Cotton

China starts cotton reserves sale, demand seen weak

China will kick off sales from its cotton reserves on July 10, according to a statement from the stockpile agency, but traders warned demand was likely to be poor given the inventory available in the market and relatively high state prices, now at a premi
Published 12 Jul, 2015 12:00am
Cotton resumes slide on bearish USDA world-demand outlook
Cotton

Cotton resumes slide on bearish USDA world-demand outlook

Benchmark cotton futures fell on Friday after the US government made a surprise cut in its demand forecast for the world's top consumer, China, in the upcoming 2015/16 crop year. That marked the contract's sixth loss in the last seven sessions. The USDA w
Published 12 Jul, 2015 12:00am
Upward trend on grain market
Cotton

Upward trend on grain market

A rising trend was seen on the wholesale grain market on Saturday in the process of modest trading, dealers said. On the cereals side, Moong Punjab was up by Rs 125 to Rs 9000, Urad Burma followed same pattern, gaining Rs 250 to Rs 13000, they said. On th
Published 12 Jul, 2015 12:00am
Cotton market: Spot rates make modest gains on rising demand
Cotton

Cotton market: Spot rates make modest gains on rising demand

Official spot rate gained modestly on the cotton market on Saturday in the process of persistent demand ahead of Eid holidays, dealers said. The official spot rate was higher by Rs 50 at Rs 4700, dealers said. Seed cotton prices in Sindh were at Rs 2300-2
Published 12 Jul, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Both the futures were lower on the forward cottonseed oilcake market on Saturday in the process of trading, dealers said. The July vaida closed at Rs 1838.90 and it opened with 70 paisa loss at Rs 1838.20 in the early session, they said. The December vaid
Published 12 Jul, 2015 12:00am
Thai rice prices rise on African buying, Vietnam steady
Cotton

Thai rice prices rise on African buying, Vietnam steady

Purchases by African countries and concern over the effects of drought on Thailand's agricultural production have boosted rice export prices there this week, but Vietnamese prices were little changed with demand lacking, traders said on Wednesday. Thailan
Published 12 Jul, 2015 12:00am
Cotton ends higher, recovering after week-long rout
Cotton

Cotton ends higher, recovering after week-long rout

Benchmark cotton futures rose for the first time in six sessions on Thursday, curbing fibre's longest rout since April, as traders positioned themselves ahead of a US Department of Agriculture (USDA) supply-demand report due Friday. "There's a school of t
Published 11 Jul, 2015 12:00am
Cotton market: trade activity picks up thru pre-Eid buying
Cotton

Cotton market: trade activity picks up thru pre-Eid buying

Mills and spinners indulged in pre-holidays buying ahead of Eid-ul-fitr to meet their immediate requirements, dealers said. The official spot rate was unchanged at Rs 4650, dealers said. Seed cotton prices in Sindh were at Rs 2300-2350 and in Punjab rates
Published 11 Jul, 2015 12:00am
Cotton closes at two-week low as speculator selloff continues
Cotton

Cotton closes at two-week low as speculator selloff continues

Benchmark cotton futures closed at their lowest level in two weeks on Wednesday as speculators continued to dial back a huge bullish stance and as demand concerns, particularly in top consumer China, lingered. "Speculators spent all the bullets they had w
Published 10 Jul, 2015 12:00am
Continued decline of cotton prices
Cotton

Continued decline of cotton prices

Cotton market has continued to decline since the beginning of the arrival of new crop (August 2015 / July 2016) and the tendency remains weak. Continued difficulties being faced by the Pakistan textile industry including imposition of multiple and multifa
Published 10 Jul, 2015 12:00am
Continued decline of cotton prices
Cotton

Continued decline of cotton prices

Cotton market has continued to decline since the beginning of the arrival of new crop (August 2015 / July 2016) and the tendency remains weak. Continued difficulties being faced by the Pakistan textile industry including imposition of multiple and multifa
Published 10 Jul, 2015 12:00am
Firmness prevails amid moderate trade
Cotton

Firmness prevails amid moderate trade

Steadier trend was seen on the cotton market on Thursday prices maintained firmness despite increase in seed cotton arrivals, dealers said. The official spot rate was lower by Rs 50 Rs 4650, dealers said. Seed cotton prices in Sindh were down by Rs 50 to
Published 10 Jul, 2015 12:00am