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Modest trade activity seen at cotton market

Related Keywords: cotton bales, expectation of better rates, failed to go big way, ginners reluctant to dispose their stock, modest trading activity, official spot rate remain unchanged, Pakistan cotton market, spinners laying hands over qualtiy lint

Modest trading activity witnessed at cotton market with spinners laying hands over the quality lint on Tuesday, said dealer. However, according to the market sources, the spinners managed to make deals of fine quality, in the meantime they failed to go in a big way as the ginners were so much reluctant to dispose of their stock in expectation of better rates.

No trading activity seen happening at cotton market

Related Keywords: cotton bales, creating uncertainties among mills and spinners, decline in Indian cotton production, domestic spot market, dwindling stock of quality lint, ginners raised asking price, no single deal finalized, official spot rate remained unmoved, Pakistan cotton market, Punjab prices, spinners show no interest in fresh buying

With dwindling stock of quality lint, ginners have raised asking price of quality lint due to which not a single deal was finalized on the cotton market on Monday. The official spot rate also remained unmoved at Rs 5,350 dealers said. In the Punjab prices were at Rs 2400 and Rs 3100.

According to market sources, some of the ginners who held back quality lint on hopes of better income in the coming days, raised asking prices, but the spinners showed no interest in fresh buying.

Rise in demand of quality lint pushes prices higher

Related Keywords: cotton bales, demand surge for quality lint, officially spot rate increased, Paksitan cotton market, renewed buying witnessed, rise in prices, seed cotton price, shortage of fine quality, small size of high grade lint cotton left with ginners

Pakistan cotton market on Thursday saw rise in prices with demand for quality lint surging, dealers said. According to the market sources, renewed buying was witnessed as small size of high-grade lint cotton was left with the ginners. There was no motivating factor which propelled spinners for new purchasing just shortage of fine quality.

The official spot rate increased by Rs 50 to Rs 5,250. In the Punjab prices of seed cotton were at Rs 2400 and Rs 3000 while in the ready business, over 9,000 bales of cotton changed hands between Rs 5000 and Rs 5600, dealers said.

Trade activity at cotton market witnessed improvement

Related Keywords: cotton bales, India cotton price stable, meet requirements, official spot rate, positive factor causing rise in buying cotton, ready business, resulted in higher polyester yarn price, rise in oil prices, spinners doing urgent buying of quality lint, strong demand, Trading activity at cotton market, witnessed improvement

Trading activity at cotton market on Wednesday witnessed further improvement with spinners doing some urgent buying of quality lint to meet requirements, dealers said. Besides, rise in oil prices resulted in higher polyester yarn prices by Rs 2 per kg, this is a positive factor which is causing rise in buying of cotton.

The official spot rate unchanged at Rs 5,200 while the Punjab prices were at Rs 2400 and Rs 3000. In the ready business, over 6,000 bales of cotton changed hands between Rs 5000 and Rs 5550, dealers said.

Slight improvement seen at cotton market

Related Keywords: cotton bales, failed to finalize deals in huge way, ginners have very little quantity of stock at present, needy spinners and mills, official spot rate unchanged, Pakistan cotton market, showing interest in small deals

With needy spinners and mills showing interest in small deals, a slight improvement was seen on Tuesday at the cotton market. However, the spinners have failed to finalize deals in a huge way as the ginners have very little quantity of stock at present, dealers said.

The official spot rate remained unchanged at Rs 5,200 while in Punjab prices were at Rs 2400 and Rs 3000 and in the ready business, over 3,000 bales of cotton changed hands between Rs 5200 and Rs 5500

Cotton market witnessed gain in prices due to short supply

Related Keywords: cotton bales, cotton belt, gain in cotton price, ginning process, maintained rising trend, mills and spinners, Pakistan Cotton Ginners Association, Pakistan cotton market, ready business, seed cotton price, short supply of quality lint, spot rate

Pakistan cotton market due to short supply of quality lint witnessed overnight gain in cotton price on Saturday. In the ready business, around 13,000 bales of cotton changed hands between Rs 5100 and Rs 5500. The official spot rate maintained rising trend for the second day, gaining further Rs 50 more at Rs 5,300, dealers said.

While, in Sindh, seed cotton prices were at Rs 2000-2200, and Punjab prices at Rs 2500 and Rs 2900.

Lower production, higher return led to 11% fall in cotton arrival for 2015-16

Related Keywords: Cotton Association of India, cotton bales, domestic consumption, expecting price to go up, fall in cotton arrivals by eleven percent, farmers not willing to sell cotton at lower prices, higher return, holding capacity, lower production, ongoing season, restricted arrivals, total cotton supply

The arrival of cotton during the ongoing 2015-16 season is not matching up with the arrival figures of last year. This reduction in the arrivals is an indication of a lower crop, said Dhiren Sheth, president of CAI. Lower production, higher return expectations by farmers have led to a fall in cotton arrivals by 11% in the ongoing season for 2015-16.

The industry feels that since the farmers were expecting higher returns for their produce, they had restricted arrivals during the season. The ones with a holding capacity are still expecting the price to go up further.

Trading activity improves as spinners make fresh deals on lower rates

Related Keywords: cotton bales, Cotton market, KCA, official spot rate remain unchanged, ready business, seed cotton prices, slight improvement in daily intake, spinners made fresh deals on lower prices, spinning industry, Trading activity improves

As spinners made some fresh deals on lower prices, trading activity on the cotton market on Tuesday saw some improvement, dealers said. In the ready business, as a result of slight improvement in the daily intake, over 3000 bales of cotton changed hands between Rs 4700 and Rs 5400.

The official spot rate remained unchanged at Rs 5,200. While, in Sindh, seed cotton prices were at Rs 2000-2200, and in Punjab prices at Rs 2500 and Rs 2900.

Range-bound trading was witnessed at lint market

Related Keywords: buyers made forward deals, consolidated their long positions, cotton bales, focus remained on fine lint, ginning units, Karachi Cotton Association, Mills, monthe period, Pakistan lint market, quality lint, range bound trading activity, slightly higher prices, spot rate, textile group, trading session, unchanged

At the lint market focus remained on fine lint keep trading activity range-bound, and the Karachi Cotton Association (KCA) spot rate remained unchanged at Rs5,3000 per maund. During the trading session, buyers made forward deals for quality lint for a month period on slightly higher prices at around Rs 5,650 per maund, said floor brokers. Around 300 bales changed hands.

Trading remains lean on grade issue on cotton market

Related Keywords: buyers reluctant to make sizeable deal, cotton bales, ginning units, KCA, Lint market, on grade issue, remained lean, Spinners, spot rate, textile sector, though price low, trading activity

Trading activity remained lean as buyers were reluctant to make any sizeable deal though price was low at the lint market on grade issue, floor brokers said. Some spinners finalized deals of fine type to meet immediate need and around 200 bales changed hands.

The Karachi Cotton Association (KCA) spot rate remained firm at Rs 5,300 per maund. The volumes were slow with traders purchased just 200 cotton bales in the ready market of Sindh and Punjab at Rs 4,950 per maund to Rs 5,450 per maund.

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