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Markets » Cotton

Mills, ginners keep on the sidelines ahead of budget
Cotton

Mills, ginners keep on the sidelines ahead of budget

Main participants kept on the sidelines on the cotton market ahead of federal budget for 2015-16, dealers said on Wednesday. The official spot rate was inert at Rs 5400, dealers said. In the ready session, only 1400 bales of cotton sold at Rs 4600, they s
Published 05 Jun, 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 (June 04, 2015).

Published 05 Jun, 2015 12:00am
Cotton reverses gains from export sales report ahead of roll
Cotton

Cotton reverses gains from export sales report ahead of roll

ICE cotton futures rose to their highest in nearly a week on Thursday after a strong US government export sales report, before falling back to end the session negative ahead of the heart of the index fund roll period. "There's not much time to start build
Published 05 Jun, 2015 12:00am
Economic Survey 2014-15: Overview of the Economy
Currency

Economic Survey 2014-15: Overview of the Economy

The revival of growth that started in 2013-14 has accelerated in 2014-15 as per latest indicators released by the National Accounts Committee. The factors contributing this momentum in growth include the reform initiatives, commitment to a calibrated fisc
Published 05 Jun, 2015 12:00am
Economic Survey 2014-15: Overview of the Economy
Currency

Economic Survey 2014-15: Overview of the Economy

The revival of growth that started in 2013-14 has accelerated in 2014-15 as per latest indicators released by the National Accounts Committee. The factors contributing this momentum in growth include the reform initiatives, commitment to a calibrated fisc
Published 05 Jun, 2015 12:00am
Economic Survey 2014-15: Overview of the Economy
Currency

Economic Survey 2014-15: Overview of the Economy

The revival of growth that started in 2013-14 has accelerated in 2014-15 as per latest indicators released by the National Accounts Committee. The factors contributing this momentum in growth include the reform initiatives, commitment to a calibrated fisc
Published 05 Jun, 2015 12:00am
Economy performs well despite challenges: PBIF chief
Cotton

Economy performs well despite challenges: PBIF chief

Pakistan Businessmen and Intellectuals Forum's (PBIF) president Mian Zahid Hussain has said that the country's economy despite many challenges performed better in the current fiscal year as compared to last financial year. "The economy braved challenges l
Published 05 Jun, 2015 12:00am
Cotton market: spot rate falls on modest trade
Cotton

Cotton market: spot rate falls on modest trade

Official spot rate dropped on the cotton market on Wednesday in the process of modest trading, dealer said. Official spot rate was down by Rs 50 to Rs 5400, they said. In the ready session, nearly 4000 bales of cotton finalised between Rs 4100-5675, they
Published 04 Jun, 2015 12:00am
Misplaced hype about Survey
Cotton

Misplaced hype about Survey

Finance Ministry has created misplaced hype about the Economic Survey 2014-15 yet another year by locking down the Ministry of Finance and the Printing Corporation of Pakistan (PCP) for media to avoid any leakage before the Finance launch of the document
Published 04 Jun, 2015 12:00am
Misplaced hype about Survey
Cotton

Misplaced hype about Survey

Finance Ministry has created misplaced hype about the Economic Survey 2014-15 yet another year by locking down the Ministry of Finance and the Printing Corporation of Pakistan (PCP) for media to avoid any leakage before the Finance launch of the document
Published 04 Jun, 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 (June 03, 2015).

Published 04 Jun, 2015 12:00am
Misplaced hype about Survey
Cotton

Misplaced hype about Survey

Finance Ministry has created misplaced hype about the Economic Survey 2014-15 yet another year by locking down the Ministry of Finance and the Printing Corporation of Pakistan (PCP) for media to avoid any leakage before the Finance launch of the document
Published 04 Jun, 2015 12:00am
Energy equipment: five percent sales tax on 10 sectors proposed
Cotton

Energy equipment: five percent sales tax on 10 sectors proposed

The government is planning to impose reduced rate of 5 percent sales tax on ten sectors dealing in equipment/apparatus used for renewable energy and power generation through gas, coal, hydel and oil in coming budget (2015-16). Sources revealed to Busin
Published 04 Jun, 2015 12:00am
Energy equipment: five percent sales tax on 10 sectors proposed
Cotton

Energy equipment: five percent sales tax on 10 sectors proposed

The government is planning to impose reduced rate of 5 percent sales tax on ten sectors dealing in equipment/apparatus used for renewable energy and power generation through gas, coal, hydel and oil in coming budget (2015-16). Sources revealed to Busin
Published 04 Jun, 2015 12:00am
Energy equipment: five percent sales tax on 10 sectors proposed
Cotton

Energy equipment: five percent sales tax on 10 sectors proposed

The government is planning to impose reduced rate of 5 percent sales tax on ten sectors dealing in equipment/apparatus used for renewable energy and power generation through gas, coal, hydel and oil in coming budget (2015-16). Sources revealed to Busin
Published 04 Jun, 2015 12:00am
Energy equipment: five percent sales tax on 10 sectors proposed
Cotton

Energy equipment: five percent sales tax on 10 sectors proposed

The government is planning to impose reduced rate of 5 percent sales tax on ten sectors dealing in equipment/apparatus used for renewable energy and power generation through gas, coal, hydel and oil in coming budget (2015-16). Sources revealed to Busin
Published 04 Jun, 2015 12:00am
Cotton rebounds on chart-based buying, weaker dollar
Cotton

Cotton rebounds on chart-based buying, weaker dollar

ICE cotton futures jumped on Wednesday, erasing losses from the prior three sessions as chart patterns suggested the end of a downturn in prices. "You were due for some type of compensatory reaction this morning," said Ron Lawson, a partner at commodity i
Published 04 Jun, 2015 12:00am
Al-Ghazi Tractors Limited
Cotton

Al-Ghazi Tractors Limited

Al-Ghazi Tractors Limited started its operations in 1983. Listed on the KSE, its market capitalization is nearly Rs 24 billion, making it one of the largest auto stocks in the country. The firm's holding company is the Al-Futtaim Group in Dubai, which own
Published 03 Jun, 2015 12:00am
Rates move both ways on grain market
Cotton

Rates move both ways on grain market

Prices moved both ways on the wholesale grain market on Tuesday in the process of modest trading, dealers said. On the cereals side, Moong Punjab gained Rs 125 to Rs 10250 and the Moong Afghan was up by Rs 250 to Rs 12250, Guwar Sindh maintained overnight
Published 03 Jun, 2015 12:00am
Cotton market: ginners lower prices ahead of new crop reports
Cotton

Cotton market: ginners lower prices ahead of new crop reports

The ginners showed interest in selling of unsold stock ahead of report of arrivals of new crop some early, dealers said on the cotton market on Tuesday. The official spot rate was inert at Rs 5450, dealers said. In the ready session, around 6000 bales cha
Published 03 Jun, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The July vaida was up on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The July vaida closed at Rs 1849.20 on Monday and it opened with 10 paisa rise at Rs 1849.30, they said. The December vaida ended at Rs 1400
Published 03 Jun, 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 2.79 billion as compared to PKR 2.23 billion reported on Friday, an increase of 25 percent. The number of lots traded also increased by 3 percent to 14,860 from 14,397. PMEX Commodity I
Published 03 Jun, 2015 12:00am
Cotton dips amid uncertainty over impact of rains on Texas crop
Cotton

Cotton dips amid uncertainty over impact of rains on Texas crop

ICE cotton futures dipped on Tuesday after sharp losses the prior session amid uncertainty over whether recent rains in Texas, the top-growing US state, would ultimately be harmful or beneficial to the crop. "Nobody knows how many acres are going to be lo
Published 03 Jun, 2015 12:00am
Al-Ghazi Tractors Limited
Cotton

Al-Ghazi Tractors Limited

Al-Ghazi Tractors Limited started its operations in 1983. Listed on the KSE, its market capitalization is nearly Rs 24 billion, making it one of the largest auto stocks in the country. The firm's holding company is the Al-Futtaim Group in Dubai, which own
Published 03 Jun, 2015 12:00am
17 percent GST to be levied on poultry, cattle feed
Cotton

17 percent GST to be levied on poultry, cattle feed

The government has decided to impose a standard rate of 17 percent sales tax on poultry feed and cattle feed; incinerators for disposal of waste and its management, motorised sweepers/snow ploughs and re-importation of foreign origin goods, which were tem
Published 02 Jun, 2015 12:00am
Farmers advised to prepare land for timely cotton sowing
Cotton

Farmers advised to prepare land for timely cotton sowing

The Met Office on Monday advised the farmers of Sindh and Southern Punjab to prepare their land for timely cotton sowing after wheat crop harvesting. "Farmers of Southern Punjab and Sindh are advised to prepare land for cotton in time so that best grains
Published 02 Jun, 2015 12:00am