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Markets » Cotton

Massive decline in exports likely to continue: PTEA
Cotton

Massive decline in exports likely to continue: PTEA

"Massive decline in textile exports in May 2015 is alarming and this trend is likely to continue in future unless the industrial crisis would be addressed." Sohail Pasha, Chairman and Rizwan Riaz Saigal, Vice Chairman Pakistan Textile Exporters Associatio
Published 25 Jun, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The July vaida was lower on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The July vaida closed at Rs 1842.20 and it opened with a fall of 30 paisa at Rs 1841.90 in the morning session, they said. The December v
Published 24 Jun, 2015 12:00am
Board Meetings
Cotton

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Jun, 2015 12:00am
Cotton falls on dollar strength but pares losses into close
Cotton

Cotton falls on dollar strength but pares losses into close

ICE cotton futures fell on Tuesday, pressured by a sharply stronger dollar, but pared losses just ahead of the end of the trading session, consolidating further into an increasingly tight trading range. "It portends a breakout at some point," Jordan Lea,
Published 24 Jun, 2015 12:00am
Punjab PA passes demands for grants worth over Rs 1.4 trillion
Cotton

Punjab PA passes demands for grants worth over Rs 1.4 trillion

Punjab Assembly in its session here on Tuesday passed Rs 1274 billion 'Demand for Grants 'for the proposed budget 2015-16. After passing of these, budget is considered approved. Speaker Rana Muhammad Iqbal chaired the session. Home Minister Shuja Khanzada
Published 24 Jun, 2015 12:00am
Rice prices fall sharply on grain market
Cotton

Rice prices fall sharply on grain market

Rice prices fell on the wholesale grain market on Tuesday in the process of modest trading, dealers said. On the rice sector, Irri-6 Sindh low type was down by Rs 25 to Rs 3125 and the good type fell by Rs 50 to Rs 3200, Basmati D-98 Shahdadkot lost Rs 20
Published 24 Jun, 2015 12:00am
Selective buying seen on cotton market
Cotton

Selective buying seen on cotton market

Selective buying was witnessed on the cotton market on Tuesday, main participants were on the sideline in the absence of guiding factors, dealers said. The official spot rate continued weakness, dropping more Rs 50 to Rs 5250, dealers said. In the ready s
Published 24 Jun, 2015 12:00am
Lack of rain threatens Mali cotton output target
Cotton

Lack of rain threatens Mali cotton output target

Lack of rain threatens to prevent Mali reaching its cotton production target of 650,000 tonnes in the 2015/16 season, the state-owned Malian Company for the Development of Textile (CMDT) said on Monday. The West African country produced roughly 550,000 to
Published 23 Jun, 2015 12:00am
Cotton rises on buy-stops, extending gains from late Friday
Cotton

Cotton rises on buy-stops, extending gains from late Friday

ICE cotton futures rose on Monday, building off gains made due to physical buying and short-covering in the post-settlement period the prior session after a sharp move lower, with automatic buy-stops exaggerating the day's move higher. "There's just not a
Published 23 Jun, 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 2.21 billion. The number of lots traded was 3.6 million. PMEX Commodity Index closed at 2,699. Major business was contributed by crude oil amounting to PKR 1.25 billion followed by gol
Published 23 Jun, 2015 12:00am
Cotton market: spot rate further down amid thin Business
Cotton

Cotton market: spot rate further down amid thin Business

Official spot rate came down further on the cotton market on Monday in the process of thin trading, dealers said. The official spot rate was lower by Rs 50 to Rs 5300, dealers said. In the ready session, around 600 bales of cotton finalised at Rs 4900, th
Published 23 Jun, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Both the futures were unchanged on the forward cottonseed oilcake market on Monday in the process of trading, dealers said. The July vaida closed at Rs 1842.60 and it showed no change in the morning session, they said. The December vaida ended at Rs 1300.
Published 23 Jun, 2015 12:00am
Indian soyabean output to jump over 10 percent
Cotton

Indian soyabean output to jump over 10 percent

Indian soyabean production is likely to jump just over 10 percent in 2015 from a year ago to more than 10 million tonnes, boosted by ample monsoon rains, said an industry body. That should help the world's top importer of edible oils curb overseas purchas
Published 23 Jun, 2015 12:00am
Budget in elitist economy - III
Cotton

Budget in elitist economy - III

Disturbing facts: The details of huge non-productive expenditures of Rs 13,029,701 million, reproduced below from Demands for Grants and Appropriations for Budget 2015-16, must be an eye-opener for all:
Published 22 Jun, 2015 12:00am
Moong rates down sharply on grain market
Cotton

Moong rates down sharply on grain market

Moong prices came down on the wholesale grain market on Saturday in the process of thin trading, dealers said. On the cereals side, Moong Punjab fell sharply by Rs 2000 to Rs 11250 and Moong Afghan followed same pattern, losing Rs 875 to Rs 12625, the sai
Published 21 Jun, 2015 12:00am
Cotton market: Official spot rate drifts lower on slow business
Cotton

Cotton market: Official spot rate drifts lower on slow business

Official spot rate fell on the cotton market on Saturday in the process of slow trading, dealers said. The official spot rate was down by Rs 50 to Rs 5350, dealers said. In the ready session, around 600 bales of cotton finalised between Rs 4800 and Rs 533
Published 21 Jun, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The December contract was lower on the forward cottonseed oilcake market on Saturday in the process of trading, dealers said. The July vaida closed at Rs 1842.60 and it opened with a loss of 10 paisa in the morning session at Rs 1842.50, they said. The De
Published 21 Jun, 2015 12:00am