Trends - Cotton import - Business Recorder

Cotton import

9MFY23 cotton imports

Pakistan looks all set to record its lowest cotton import volume in three years, based on the 9MFY23 foreign trade...

Published 20 Apr, 2023 09:37am

BR Research

Cotton imports: not all bad news?

Pakistan’s cotton imports fell by 0.8 million bales during CY22, clocking in at just 4.5 million bales (of 170kg)....

Published 30 Jan, 2023 09:17am

Business & Finance

APTMA bemoans raw material shortages

KARACHI: The country’s largest export-oriented textile industry is facing a severe crisis of raw material and the...

Updated 14 Jan, 2023 08:41am

Markets

Cotton import restrictions: APTMA seeks Dar’s intervention

The All Pakistan Textile Mills Association (APTMA), has sought “direct intervention” of the Federal Minister for...

Published 12 Jan, 2023 05:46pm

BR Research

Slow cotton imports: dollars ain’t the full story

Pakistan’s monthly cotton yarn production crashed to just 210,150 metric tons in October 2022, according to Large...

Published 20 Dec, 2022 08:48am

BR Research

Cotton imports: prognosis negative

A major slowdown in textile exports is on the cards. Or at least that is the indication from the latest monthly ...

Published 21 Nov, 2022 10:29am

BR Research

Cotton imports: pricing not volume!

As all eyes zoom in on disaster struck cotton crop, concerns regarding fiber import bill are taking root. Last year,...

Published 22 Sep, 2022 09:06am

Business & Finance

Indian cotton: PTEA urges govt to lift ban

FAISALABAD: Pakistan Textile Exporters Association (PTEA) has stressed for immediate lifting of ban on import of...

Published 10 Sep, 2022 04:14am

Markets

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 27, 2022)....

Published 28 Jul, 2022 04:41am

Markets

Spot rate firm amid lean business activity

LAHORE: The local market on Monday remained steady and the trading volume remained satisfactory. Cotton Analyst...

Published 14 Jun, 2022 05:56am

Markets

No deal reported on cotton market amid post-eid holiday session

LAHORE: The market remained dull on Friday when it opened after eid holidays. The trading volume remained low....

Published 07 May, 2022 05:46am

BR Research

Cotton: yet to be priced in?

Last month, BR Research had highlighted that Pakistan’s cotton imports during the 2021-22 marketing season appear...

Published 14 Apr, 2022 10:10am

BR Research

Cotton imports: major correction underway?

Pakistan’s cotton imports fell to 2.75 million bales during 8MFY22, down by 12 percent over same period last year....

Published 24 Mar, 2022 09:23am

BR Research

Cotton imports: fresh peak?

Over the weekend, Pakistan Bureau of Statistics released its monthly trade report card, noting an alarming increase...

Published 20 Dec, 2021 08:12am

BR Research

Cotton import bill: no cause for panic

Last week, scary projections of trade deficit during the ongoing financial year saw exchange rate close in on it’s...

Updated 06 Sep, 2021 11:59am

Pakistan

Rise in sea freight increases shipment delivery span

KARACHI: A steep rise in sea freight, besides shortage of cargo vessels and containers, has increased shipment...

Updated 18 Aug, 2021 11:59am

Cotton yarn: Importers exempted from duty

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted up to June 30, 2021 the importers of cotton yarn from...

Published 07 May, 2021 04:35am

Markets

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 30 Mar, 2021 05:45am

Markets

Cotton prices inch up on steady demand, softer dollar

We have seen good demand in the weekly export sales report ... Also, commercial buying (primarily exporters and may be some of the mills) has been stronger today.
The US Department of Agriculture's weekly export sales report, on Thursday, showed net sales of 437,700 running bales (RB) for 2020/2021 were up noticeably from the previous week, while exports of 351,900 RB were unchanged.

Published 22 Mar, 2021 10:02pm

Cotton imports: highest ever, but what’s next?

BR Research

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 9 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 9 Chakwal Spinning Mills Limited(CWSM)	2.44 ▲ 0.40 (19.61%)
Punjab Mod / Dec 9 First Punjab Modaraba(FPJM)	1.98 ▲ 0.27 (15.79%)
Saritow Spinning / Dec 9 Saritow Spinning Mills Limited(SSML)	8.35 ▲ 1.00 (13.61%)
Jubilee Spinning / Dec 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
F.Treet Manuf / Dec 9 First Treet Manufacturing Modaraba(FTMM)	4.60 ▲ 0.50 (12.20%)
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	4.45 ▲ 0.48 (12.09%)
Samba Bank / Dec 9 Samba Bank Limited(SBL)	9.35 ▲ 1.00 (11.98%)
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	9.72 ▲ 1.00 (11.47%)
Dewan Textile / Dec 9 Dewan Textile Mills Limited(DWTM)	4.75 ▲ 0.47 (10.98%)

Stock	Price
Sec. Inv. Bank / Dec 9 Security Investment Bank Limited(SIBL)	5.74 ▼ -1.00 (-14.84%)
Tri-Star Mutual / Dec 9 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.49 (-8.84%)
Supernet Ltd. / Dec 9 Supernet Limited(GEMSPNL)	12.90 ▼ -1.05 (-7.53%)
Universal Network (GEM) / Dec 9 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
Leather Up Ltd. / Dec 9 Leather Up Limited(LEUL)	10.54 ▼ -0.81 (-7.14%)
Trust Mod. / Dec 9 Trust Modaraba(TRSM)	2 ▼ -0.15 (-6.98%)
LSE Propetech / Dec 9 LSE Propetech Limited(LSEPL)	4.46 ▼ -0.33 (-6.89%)
Ismail Ind. / Dec 9 Ismail Industries Limited(ISIL)	1300 ▼ -95.00 (-6.81%)
Kohat Textile / Dec 9 Kohat Textile Mills Limited(KOHTM)	18.31 ▼ -1.19 (-6.10%)
Hoechst Pak. / Dec 9 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)

Stock	Volume
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	341,598,066 ▲ 0.48
Cnergyico PK / Dec 9 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.02
WorldCall Telecom / Dec 9 Worldcall Telecom Limited(WTL)	97,311,739 ▲ 0.04
Hascol Petrol / Dec 9 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.27
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	57,212,000 ▲ 1.00
Kohinoor Spining / Dec 9 Kohinoor Spinning Mills Limited(KOSM)	56,298,000 ▲ 0.42
Fauji Foods Ltd / Dec 9 Fauji Foods Limited(FFL)	47,608,697 ▲ 0.96
Pak Elektron / Dec 9 Pak Elektron Limited(PAEL)	42,544,241 ▲ 1.23
Hum Network / Dec 9 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.07
TPL Properties / Dec 9 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 1	285.15
USD PKR Interbank Buying / Jan 1	284.95
USD to Japanese Yen / Jan 1	146.82
USD to Swiss Franc / Jan 1	0.87
Pound Sterling to USD / Jan 1	1.27
Euro to USD / Jan 1	1.09
UK LIBOR % / Jan 1	5.46

Stock	Volume
S&P 500 / Jan 1	4594.63
India Sensex / Jan 1	67481.19
Tokyo Nikkei / Jan 1	33431.51
Nasdaq / Jan 1	14305.03
Hang Seng / Jan 1	16830.30
FTSE 100 / Jan 1	7529.35
Dow Jones / Jan 1	36245.50
Germany DAX 30 / Jan 1	16397.52
France CAC40 / Jan 1	7346.15

Item	Value
Crude Oil USD/Barrel / Jan 1	74.07
Karachi Cotton PKR/37.32 KG / Jan 1	17235
Gold 10 Grams PKR / Jan 1	189043
Gold Spot USD/Ounce / Jan 1	2072.22
Cotton US¢/pound / Jan 1	79.42

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Cotton import

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