Trends - Cotton import - Business Recorder

Cotton import

Cotton arrival slumps in first two weeks of November

Cotton arrival in Pakistan registered a massive decline of 34% as of November 15, 2024 compared to the same period...

Updated 18 Nov, 2024 10:38pm

BR Research

Cotton import: all set to double again?

Post-flood alluvial soils, favorable weather, and a dramatic recovery in acreage. During the last financial year,...

Published 16 Aug, 2024 07:32am

Business & Finance

Import of cotton: APTMA opposes govt’s plan to impose duties

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has strongly opposed government’s intention to impose...

Published 12 Jun, 2024 06:51am

BR Research

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 24	280.43
USD PKR Interbank Buying / Mar 24	280.23
USD to Japanese Yen / Mar 24	149.74
USD to Swiss Franc / Mar 24	0.88
Pound Sterling to USD / Mar 24	1.29
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 20	4.96

Stock	Volume
S&P 500 / Mar 21	5,667.56
Nasdaq / Mar 21	17,784.05
Dow Jones / Mar 21	41,985.35
India Sensex / Mar 24	77,793.05
Tokyo Nikkei / Mar 24	37,670.65
Hang Seng / Mar 24	23,618.98
FTSE 100 / Mar 24	8,686.12
Germany DAX 30 / Mar 24	23,046.22
France CAC40 / Mar 24	8,081.33

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	17,285
Gold 10 Grams PKR / Mar 21	273,319
Petrol/Litre / Mar 24	255.63
Crude Oil USD/Barrel / Mar 24	68.22
Gold Spot USD/Ounce / Mar 24	3,018.34
Diesel/Litre / Mar 24	258.64
Cotton US¢/pound / Mar 24	64.92

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Mar 24 Security Investment Bank Limited(SIBL)	7.99 ▲ 1 (14.31%)
Jubilee Spinning / Mar 24 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▲ 1 (10.19%)
Saritow Spinning / Mar 24 Saritow Spinning Mills Limited(SSML)	19.88 ▲ 1.81 (10.02%)
Diamond Ind. / Mar 24 Diamond Industries Limited(DIIL)	30.76 ▲ 2.8 (10.01%)
Crescent Fib. / Mar 24 Crescent Fibres Limited(CFL)	45.72 ▲ 4.16 (10.01%)
Bela Auto / Mar 24 Bela Automotives Limited(BELA)	183.56 ▲ 16.69 (10%)
East West Ins. / Mar 24 East West Insurance Company Limited(EWIC)	63.02 ▲ 5.73 (10%)
Crescent Cotton / Mar 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5 (10%)
Al-Khair Gadoon / Mar 24 Al-Khair Gadoon Limited(AKGL)	45.10 ▲ 4.1 (10%)
Imperial Limited / Mar 24 Imperial Limited(IML)	18.70 ▲ 1.7 (10%)

Stock	Price
Jubile Life InsXD / Mar 24 Jubilee Life Insurance Company Limited(JLICL)	148.10 ▼ -19.22 (-11.49%)
Pakgen Power / Mar 24 Pakgen Power Limited(PKGP)	112.97 ▼ -12.55 (-10%)
Bunnys Limited / Mar 24 Bunnys Limited(BNL)	20.85 ▼ -2.31 (-9.97%)
TPL Life Insur. / Mar 24 TPL Life Insurance Limited(TPLL)	60.76 ▼ -6.66 (-9.88%)
JS Global Banking / Mar 24 JS Global Banking Sector (ETF)(JSGBETF)	18.30 ▼ -2 (-9.85%)
Baba Farid Sugar / Mar 24 Baba Farid Sugar Mills Limited(BAFS)	48.01 ▼ -5.12 (-9.64%)
Cherat Cement / Mar 24 Cherat Cement Company Limited(CHCC)	251.99 ▼ -25.37 (-9.15%)
Shadman Cotton / Mar 24 Shadman Cotton Mills Limited(SHCM)	27.04 ▼ -2.66 (-8.96%)
The Thal Ind.Corp. / Mar 24 The Thal Industries Corporation Limited(TICL)	300.34 ▼ -26.63 (-8.14%)
Noon Sugar / Mar 24 Noon Sugar Mills Limited(NONS)	73.15 ▼ -6.42 (-8.07%)

Stock	Volume
Cnergyico PK / Mar 24 Cnergyico PK Limited(CNERGY)	49,087,352 ▼ -0.04
Pak Elektron / Mar 24 Pak Elektron Limited(PAEL)	28,618,034 ▼ -2.68
Pak Refinery / Mar 24 Pakistan Refinery Limited(PRL)	27,365,824 ▼ -1.29
Fauji Foods Ltd / Mar 24 Fauji Foods Limited(FFL)	26,352,530 ▼ -0.31
B.O.Punjab / Mar 24 The Bank of Punjab(BOP)	18,341,994 ▼ -0.17
TRG Pak Ltd / Mar 24 TRG Pakistan Limited(TRG)	15,522,190 ▲ 1.89
Sui South Gas / Mar 24 Sui Southern Gas Company Limited(SSGC)	14,112,978 ▼ -0.86
Pak Int.Bulk / Mar 24 Pakistan International Bulk Terminal(PIBTL)	11,162,195 ▲ 0.13
WorldCall Telecom / Mar 24 Worldcall Telecom Limited(WTL)	10,676,385 ▼ -0.03
K-Electric Ltd. / Mar 24 K-Electric Limited(KEL)	10,144,462 ▼ -0.09

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Cotton import

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