All Pakistan Textile Mills Association is saying it is worried about a declining trend in exports of the textile industry and that the industry is fast becoming a "history since the government has turned its back" on it. "The association has blowing the w
Australia on Tuesday slashed forecast production levels for wheat, cotton and other agricultural commodities in fiscal 2015/16 as an El Nino weather phenomenon grips the country and dries out farmland. Meteorologists warn the current El Nino, the second i
The Senate Standing Committee on Textile Industry Friday expressed serious reservations over 14 percent decline in textile exports during the current year saying that such a situation predicts that the government would not be able to take full advantage o
The Senate Standing Committee on Textile Industry Friday expressed serious reservations over 14 percent decline in textile exports during the current year saying that such a situation predicts that the government would not be able to take full advantage o
The Senate Standing Committee on Textile Industry Friday expressed serious reservations over 14 percent decline in textile exports during the current year saying that such a situation predicts that the government would not be able to take full advantage o
ICE cotton futures fell on Friday as investors liquidated long positions ahead of the first notice day for the July contract next Wednesday, as the spread between July and the most-active December contract remained relatively stable. "There's a lot of for
Easier trend prevailed on the cotton market on Friday in the process of modest trading activity, dealers said. The official spot rate was inert at Rs 5400, dealers said. In the ready session, around 2600 bales of cotton finalised between Rs 5200 and Rs 54
Despite the fact that hardly 50,000 to 60,000 bales of unsold cotton from current crop (August 2014 / July 2015) are left with the ginners, a sharp fall of about Rs 200 per maund (37.32 Kgs) in the prices of cotton has been reported from the ready market.
A kind of dullness again witnessed on the cotton market on Thursday as major buyers showed less interest in new deals in the absence of guiding leads, dealers said. The official spot rate was inert at Rs 5400, dealers said. In the ready session, over 1200
The December contract was up on the forward cottonseed oilcake market on Thursday in the process of trading, dealers said. The July vaida closed at Rs 1842.00 and it opened with a gain of 40 paisa in the morning session at Rs 1842.40, they said. The Decem
Modest trade activity was seen on the wholesale grain market on Thursday due to less buying interest, dealers said. On the cereals side, Guwar Sindh fell by Rs 200 to Rs 5300 and Rs 5400, Guwar Punjab was down by Rs 100 to Rs 4800 and Rs 4900, wheat new B
ICE cotton futures rose on Thursday on weakness in the US dollar after a US government report showed export sales had risen modestly over the previous week, though prices remained within the range of the prior session. "Nobody is really comfortable with w
The Punjab Provincial Co-operative Bank has recovered Rs 590m agriculture loans advanced for sowing, growing and harvesting of Rabi crops 2014-15 till 15th June 2015, President / CEO of PPCBL Muhammad Ayub said here on Wednesday. He said the co-operative
Despite the fact that hardly 50,000 to 60,000 bales of unsold cotton from current crop (August 2014 / July 2015) are left with the ginners, a sharp fall of about Rs 200 per maund (37.32 Kgs) in the prices of cotton has been reported from the ready market.
"The balanced use of fertilisers can increase the production of major crops up to 50 percent," said Faisalabad University of Agriculture Vice Chancellor Doctor Iqrar Ahmad Khan during a media briefing about the university's models being developed for prop
Prices moved both ways on the wholesale grain market on Wednesday in the process of modest trading, they said. Most of the changes were seen on the grams sector where grams Australia No 1 gained Rs 100 to Rs 7500, grams Australia Dall No 2 picked up the s
Thin business was witnessed on the cotton market on Wednesday as most of the participants were on the sidelines ahead of Ramazan, dealers said. The official spot rate was inert at Rs 5400, dealers said. In the ready session, nearly 800 bales of cotton fin
Both the futures stayed put on the forward cottonseed oilcake market on Wednesday in the process of trading, dealers said. The July vaida closed at Rs 1842.70 and it opened at the same rate in the morning session, they said. The December vaida ended at Rs
On Tuesday at Pakistan Mercantile Exchange (PMEX), value traded was PKR 1.955 billion. The number of lots traded was 10,881. PMEX Commodity Index increased by 0.14 percent and closed at 2,714. Major business was contributed by crude oil amounting to PKR 1
ICE cotton futures fell in light volume on Wednesday after a sharp rally the prior session, as extensive short-covering on Tuesday left fewer buyers in the market ahead of a weekly US export sales report due on Thursday. "They had levels at which they wan
President of the Lahore Chamber of Commerce and Industry (LCCI) Ijaz A Mumtaz has said that only market and product diversification can help us to make our way in the global market. While talking to a group of exporters here at the Lahore Chamber on Wedne
First Technical Textile Resource Centre (TTRC) is being established in National Textile University (NTU) to provide technical support for the development of this important and potential sector of textile, said Dr Arshad Ali, Rector NTU. He was addressing