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Related Keywords: cotton bales, dwindling stock on quality lint, extended overnight gain, gaining momentum, international market, market sources, official spot rate, Pakistan cotton market, prices are drifting lower, process of modest trading, rates in local market, short supply position, slow demand, ushing the prices further upward

The dwindling stock of quality lint is pushing the prices further upward at the cotton market on Friday in the process of modest trading, dealers said. According to market sources, in the international market, prices are drifting lower on slow demand but rates in local market gradually gaining momentum on the short supply position.

The official spot rate extended overnight gains, picking up further Rs 25 to Rs 5,650 dealers said.

Related Keywords: cannot achieve without reducing cost of production, cotton bales, Cotton market, export target, ginners have only two million bales of unsold stock, official spot rate up, on dwindling stock, PRGMEA, ready business, witnessed fresh buying interest by spinners and mills

Cotton market witnessed fresh buying interest by spinners and mills on Tuesday as the ginners have only two million bales of unsold stock, dealers said. In the ready business, around 5000 bales of cotton changed hands between Rs 4200-5800.

However, the official spot rate was down by Rs 50 to Rs 5,600 while in the Punjab, prices showed no change at Rs 3100 and Rs 3400, dealers said.

Related Keywords: back of grade issue, buyers remain cautious in making big deal, cotton bales, Cotton market, cotton production, decline in spot rate, demand for fine grades, forward deals of all grade lint, immediate need of lint, KCA, moderate trading seen

At cotton market, moderate trading was seen as buyers remained cautious in making any big deal as they only made deals according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate, traders at the Karachi Cotton Association (KCA) said on Wednesday.

KCA kept the spot rate intact at Rs 5,650 per maund in order to provide support to weak stakeholders of raw grade to ward off minimal price level, said floor brokers.

Related Keywords: cotton bales, Cotton market, demand is surging with passage of time, facing shortage, fresh selling of cotton, Ginners, KCA, official spot rate down, prices heading towards season high, seed cotton price, tight supply of quality lint, unsold stock

At cotton market on tight supply of quality lint witnessed prices heading towards season’s high on Monday dealers said. Some brokers said that demand is surging with the passage of time as country is facing shortage of nearly 5 million bales of cotton.

The official spot rate gained Rs 100 to Rs 5,650. In Punjab, seed-cotton prices were at Rs 3000 and Rs 3200 while in the ready business, around 11000 bales of cotton changed hands between Rs 5100 and Rs 5950.

Related Keywords: buyers and sellers entangled in price war, cotton bales, Cotton market, KCA, production of lint in ginneries of Sindh and Punjan, remained firm, remained moderate, strong spot rate amid higher demand for fine grades, trading activity

The trading activities remained firm in cotton market with strong spot rate amid higher demand for fine grades, traders at Karachi Cotton Association (KCA) said on Friday. The buyers and sellers were entangled in price war while deals for all grades changed hands on competitive prices in Sindh and Punjab stations at around Rs 5,000 per maund to Rs 5,400 per maund while production of the lint in the ginneries of Sindh and Punjab remained moderate, however around 3,960 bales were produced, floor brokers said.

Related Keywords: cotton bales, Cotton Crop Assessment Committee, current season compared to last season, cut in acreage, domestic market, forced to plant cotton less, heavy rains, hit by pest attaks, Pakistan cotton production plunge, PCGA, soft local and international prices forced farmers, Sowing delays also hit the crop harder

Pakistan’s cotton production plunged 34.28 percent to 9.768 million bales in the current season compared to the country’s output of 14.863 million bales in the same period of last season, ending in the mid of April. The drop in output this season is due to the crop’s soft local and international prices forced the farmers, hit by pest attacks and heavy rains, to cut acreage, according to the Pakistan Cotton Ginners’ Association (PCGA).

Related Keywords: Cautious trading attitude, cotton arrival larges, cotton bales, ginneries, Ginners, lint prices shot up, maintained by buyers on the market, sellers not flexible to ease high cost of doing business, sport rate raised

The cautious trading attitude was maintained by buyers on the market, even though cotton arrival was larger and ginners had in ginneries some 0.8 million bales but sellers were not flexible to ease the high cost of doing business. According to arrivals factories received 11.349 million bales. Again on the last session of the week prices moved up .The spot rate also raised by Rs50 to Rs 3650 and the lint prices shot up to Rs 3800.

Related Keywords: buyers made deals for quality lint, cotton bales, Cotton market, domestic market, during trading session, ginners of Punjab offered cotton of all grades, ginners of Sindh offered low-grade lint, KCA, moderate trading activity seen, slightly higher prices, spot rate remained unchanged

Moderate trading activity was witnessed at the cotton market as buyers made deals for quality lint on slightly higher prices at around Rs 5,675 per maund during the trading session and around 360 bales changed hands. The Karachi Cotton Association (KCA) spot rate remained unchanged Rs 5,450 per maund.

The ginners of Punjab offered cotton of all grades to the buyers around Rs 5,000 per maund to Rs 5,100 per maund while ginners of Sindh offered low-grade lint to the buyers around Rs 4,975 per maund.

Related Keywords: cotton bales, Cotton market, due to panic buying, expectations of better rates in near future, ginners interested in present selling, official spot rate picked up, persistent demand for quality lint, prices gain further, prices touch seasons high rate, short supply

On the back of short supply and persistent demand for quality lint, prices has gain further at the cotton market on Thursday. In the recent session, the prices touched the season's high rate at Rs 5750 due to panic buying, dealers said.

According to market sources, short supply helped the rates to go up further as the ginners were interested in present selling on expectations of better rates in the near future. The interesting thing is that the ginners have not much quality lint but they are to hold back, not making deals in a big ways.

Related Keywords: caused price flare up, cotton bales, Cotton market, improved buying by mills and spinners, increase in booking orders by the foreign countries, Indian cotton export, official spot rate picked up, rates may go up in coming days, short supply, strong demand, witnessed rise in cotton prices sharply

The cotton market on Wednesday in the process of improved buying by mills and spinners, witnessed rise in cotton prices sharply, dealer said. According to market sources, short supply and strong demand by mills and spinners caused price flare-up. It is expected that the rates may go up in the coming days.

The official spot rate also picked up Rs 50 to Rs 5400 while in Punjab, rates of phutti were at Rs 2800-3150. In ready business 8000 deals of cotton bales finalized at Rs 5300-5750, dealers said.