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May 11, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Cotton

Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 1.578 billion. The number of lots traded was 9,824. PMEX Commodity Index closed at 2,715. Major business was contributed by crude oil amounting to PKR 1.167 billion followed by gold
Published 29 May, 2015 12:00am
Cotton has largest single-day rise in one month on dollar drop
Cotton

Cotton has largest single-day rise in one month on dollar drop

ICE cotton futures had their largest single-session gains since April 24 on Thursday as the US dollar ended a four-day rally, falling against a basket of currencies and pressuring greenback-traded commodities like cotton. "It's taken a breather," Sharon J
Published 29 May, 2015 12:00am
Cotton prices suffer decline
Libor

Cotton prices suffer decline

Cotton prices came under pressure this week in the domestic market due to several reasons. Mills are facing slow demand of yarn while cost of doing business has gone up. Particularly, the All Pakistan Textile Mills Association (APTMA) has sent an urgent m
Published 29 May, 2015 12:00am
Prices resist further decline on subdued business
Cotton

Prices resist further decline on subdued business

Rates halted further decline despite falling buying interest by mills and spinners on Thursday, dealers said. The official spot rate was unchanged at Rs 5400, dealers said. In the ready session, only 2000 bales changed hands between Rs 5100-5600, they sai
Published 29 May, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The July vaida was higher on the forward cottonseed oilcake market on Thursday in the process of trading, dealers said. The July vaida closed at Rs 1849.40 on Wednesday and it opened 40 paisa gain at Rs 1849.80, they said. The December vaida ended at Rs 1
Published 29 May, 2015 12:00am
Rising trend on grain market
Cotton

Rising trend on grain market

An upward trend prevailed on the wholesale grain market on Thursday in the process of modest trading, dealers said. On the grams side, Grams Australia No 1 gained Rs 300 to Rs 7500, Grams Dall Australia rose by Rs 700 to Rs 8000, grams 50x50 picked up 875
Published 29 May, 2015 12:00am
Cotton hits one-month low as index fund roll period looms
Cotton

Cotton hits one-month low as index fund roll period looms

ICE cotton futures fell to their lowest levels in more than a month on Wednesday, as index funds prepared to roll long positions forward from the July to the December contract, resulting in limited buying interest despite delayed plantings. "We're running
Published 28 May, 2015 12:00am
Acceptance of demands: KBP to hold demonstrations in Punjab
Cotton

Acceptance of demands: KBP to hold demonstrations in Punjab

The Kisan Board Pakistan has announced to hold demonstrations in every district headquarter of the Punjab to press the government for acceptance of demands. The board has also cancelled a rally scheduled for May 31 in Lahore, warning, "Now a protest movem
Published 28 May, 2015 12:00am
Government urged to rescind decision
Cotton

Government urged to rescind decision

Pakistan Apparel Forum on Wednesday asked the government to reverse its decision of placing Gas Infrastructure Development Cess to scale down the textiles' growing input cost, fearing the fresh levies would downsize the country's largest exporting sector.
Published 28 May, 2015 12:00am
Crescent Textile Mills Limited
Cotton

Crescent Textile Mills Limited

Founded in 1950, Crescent Textile Mills Ltd (Crestex) is one of the oldest players in the industry. Six years into its formation, the company started exporting a majority of its products to the US, Europe, Middle East, and Japan. In 1997, Crestex became t
Published 28 May, 2015 12:00am
Crescent Textile Mills Limited
Cotton

Crescent Textile Mills Limited

Founded in 1950, Crescent Textile Mills Ltd (Crestex) is one of the oldest players in the industry. Six years into its formation, the company started exporting a majority of its products to the US, Europe, Middle East, and Japan. In 1997, Crestex became t
Published 28 May, 2015 12:00am
Falling trend on grain market
Cotton

Falling trend on grain market

Prices dropped modestly on the wholesale grain market on Wednesday in the process of slow trading, dealers said. On the cereals side, wheat new Bardan quoted at Rs 3125, other commodities maintained overnight levels, they said. On the seeds side, cake low
Published 28 May, 2015 12:00am
oil cake market rates
Cotton

oil cake market rates

The July vaida extended overnight weakness on forward cottonseed oilcake market on Wednesday in the process of trading, dealers said. The July vaida closed at Rs 1849.60 on Tuesday and it opened at Rs 1849.40, showing a decline of 20 paisa in the early se
Published 28 May, 2015 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.893 billion. The number of lots traded was 20,112. PMEX Commodity Index closed at 2,726. Major business was contributed by gold amounting to PKR 1.504 billion followed by crude oil (
Published 28 May, 2015 12:00am
Space for flood water Irsa stops filling of Tarbela, Mangla dams
Cotton

Space for flood water Irsa stops filling of Tarbela, Mangla dams

As the federal and provincial governments are taking necessary pre-monsoon flood protection measures, the Indus River System Authority has stopped filling the Tarbela and Mangla dams to keep sufficient space for management of flood water in the rivers Ind
Published 27 May, 2015 12:00am
Moderate trade on grain market
Cotton

Moderate trade on grain market

Moderate trading activity was seen on the wholesale grain market on Tuesday, dealers said. On the cereals side, Moong Punjab lost Rs 750 to Rs 9250, Urad Burma also shed Rs 125 to Rs 12500, other commodities held the last levels, they said. On the grams s
Published 27 May, 2015 12:00am
Cotton market: Spot rate drops further on modest trade
Cotton

Cotton market: Spot rate drops further on modest trade

Spot rate was down further on the cotton market on Tuesday amid modest trading as confusions rising over the issue of Gas Infrastructure Development Cess (GIDC), dealers said. The official spot rate continued downfall, losing more Rs 50 to Rs 5400, dealer
Published 27 May, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The July vaida was lower on forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The July vaida closed at Rs 1850.00 on Monday and it opened at Rs 1849.60 to show a fall of 40 paisa in the early session, they said. The Dec
Published 27 May, 2015 12:00am
Cotton little changed on physical buying, stronger dollar
Cotton

Cotton little changed on physical buying, stronger dollar

ICE cotton futures were little changed on Tuesday after a sharp week of losses brought prices back to attractive levels for mill purchases, ending the losing streak, though sharp gains in the US dollar pressured the market. "We've gotten down to levels wh
Published 27 May, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Both the futures continued fall on forward cottonseed oilcake market on Monday in the process of trading, dealers said. The May vaida almost matured and closed at Rs 1749.50 on Saturday and it commenced with a decline of Rs 4.50 at Rs 1745.00 in the morni
Published 26 May, 2015 12:00am
Review and the way forward
Cotton

Review and the way forward

The following is the working paper for meeting of the Annual Plan Coordination Committee (APCC) 2015
Published 26 May, 2015 12:00am