Cotton price remained high due to lower availability

Cotton price remained on the higher side in Pakistan due to lower availability of high quality cotton, while arrival of cotton to the local markets slowed down.

Cotton price increased to Rs7,350 per maund, while trade activities remained slightly down in wait for a likely decline in the commodity prices, a dealer said on Monday.

Traders are expecting higher arrivals of cotton than 12.88 million bales reported in the ongoing fiscal year till January 15. This was; however, 7.15 percent higher than 12.02 million bales arrived in the same period last fiscal year.

At Indian cotton markets, price may go down in line with the declining trend, however, the US markets were closed on account of an official holiday.

Recent Posts

Swisstulle advances dyeing efficiency with JigMaster

Swisstulle adopted JigMaster for its dyeing and finishing operations, especially for high-quality technical textiles used in fashion and automotive industries.

3 days ago

Birla Cellulose and Circ partner to scale textile recycling

Birla Cellulose, a leader under the Aditya Birla Group, has announced a long-term partnership with Circ, a U.S.-based textile recycling…

3 days ago

CARBIOS unveils enzymatically recycled polyester t-shirt

CARBIOS has collaborated with leading brands Patagonia, PUMA, Salomon etc. to create a groundbreaking polyester garment made entirely from textile…

3 days ago

Yangi launches sustainable fiber-based food tray

Yangi, renowned for its renewable packaging solutions, has launched a fiber-based food tray as a sustainable alternative to plastic trays…

3 days ago

Tarpaulife Project develops alternative to PVC-coated fabrics

The European Tarpaulife Project is working on polyolefin-coated fabrics, such as polyethylene, that can be manufactured to compete with PVC-coated…

3 days ago

Better Cotton to standardise measurements for cotton production

Better Cotton has joined the global non-profit alliance, Cascale, in a three-year project aimed at standardising LCA methods across the…

3 days ago