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Related Keywords: adjusted downward, adversely affected by slow arrivals, closed easy in line with global trend, cotton bales, Cotton market, cotton trading, crisis-ridden textile industry, Karachi Cotton Association, lacked buying interest, new cotton crop, no hurry to build up stock, phutti, seed cotton, spot rate

Cotton trading on Monday lacked buying interest and closed easy in line with the global trend. Cotton market was adversely affected by slow arrivals of phutti (seed cotton).

Moreover, a crisis-ridden textile industry is cautious and seems to be in no hurry to build up stock from the new cotton crop, they maintained.

Recent rains across the country also hampered cotton picking both in Sindh and Punjab which restricted the availability of cotton.

Related Keywords: Active trading witnessed, anticipating decline in spot rate, back of grade issue, cotton bales, deals for better grades of lint, immediate need of lint, Karchi Cotton Exchange, KCA, Lint market buyers, paying premium price, spot rates decreased

At lint market buyers were seen making deals for better grades of lint on paying premium price, traders at the Karachi Cotton Association (KCA) said. Most of the buyers made deals according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate.

The spot rate at KCA remained intact at Rs 6,800 per maund in order to provide support to weak stakeholders of raw grade to ward off minimal price level.

Related Keywords: cotton bales, Cotton market, dull trading activity witness, Karachi Cotton Association, kept themselves from away, seed cotton, Spinners, spot rate unchanged

As spinners at cotton market kept themselves from away, dull trading activity was witness on Thursday. Deals of as many as 2,700 maunds of phutti (seed cotton) took place in Umer Kot at Rs3,625, Kunri at Rs3,575, Degree at Rs3,550, Mirpur Khas at Rs3,525 and Badin at Rs3,600.

Major deals that changed hands on the ready counter were: 400 bales from Rahim Yar Khan at Rs7,000, 200 bales from Vehari at Rs6,875 and 200 bales from Mirpur Khas at Rs7,000 (new crop).

Related Keywords: cotton bales, cotton price remained stable, future demand of quality lint, KCA, leading buyers, made deals for all qualities of lint, offered by ginners, quality cotton, remained intact, slightly higher prices, Spinners, spot rate, Trading session at cotton market

During the trading session at cotton market, cotton price remained stable. Leading buyers made deals for all qualities of lint offered by the ginners during the trading session, traders said.

While, spinners remained eager for quality cotton on slightly higher prices during the session while the leading ginners sensing future demand of quality lint offered few stocks on higher prices to the buyers

Related Keywords: cotton bales, cotton prices, Karachi cotton exchange, mill in Sindh, new cotton crop would arrive this month, only two transactions recorded, spot rates remained unchanged, started partial ginning, trading remained slow

At the Karachi Cotton Exchange on Tuesday trading remained slow with only two transactions recorded of 1,600 bales at a price in between Rs7,000 to Rs7,050/maund.

Rahimyar Khan’s 800 bales were sold in between Rs7,000 and Rs7,020/maund, while 800 bales of Yazman Mandi exchanged hands at Rs7,050/maund.

The spot rates remained unchanged at Rs6,800/maund (37.324kg) and Rs7,288/40kg. Ex-Karachi rates also stood firm at Rs6,935/maund and Rs7,433/40kg
after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Related Keywords: association roped in experts and stakeholders, begun an effort to mentor some farmers, cotton bales, Cotton ginners in Maharashtra, cotton seed varieties, Gujarat commanded a higher price, improve productivity of cotton, improvement in productivity, produce better quality and quantity of cotton, rose to more than fifteen quintals

Cotton ginners in Maharashtra to improve productivity of cotton after they discovered that cotton from Gujarat commanded a higher price last year around this time had begun an effort to mentor some 40 farmers in 10 talukas of Jalgaon district, resulted in 50-70% improvement in productivity. The yield that was usually 8-10 quintals rose to more than 15 quintals.

Related Keywords: cotton bales, cotton production, Karachi cotton exchange, remain slow, spot rates remained unchanged, three transaction changed hands, trading activity

Trading activity at the Karachi Cotton Exchange on Tuesday remain slow, while spot rates remained unchanged. The spot rates remained unchanged at Rs6,700/maund (37.324kg) and Rs7,180/40kg.

Ex-Karachi rates also stood firm at Rs6,835/maund and Rs7,325/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

KCE three transactions amid prices of Rs6,700 to Rs6,800/maund changed hands. Fort Abbas 400 bales were sold at Rs6,940/ maund, Jalalpur’s 6,800 bales were exchanged at Rs6,800/maund while Rahimyar Khan’s 244 bales at Rs6,700/maund.

Related Keywords: Active trading witnessed, after cotton arrivals report was released, cotton bales, cotton stable, Karachi Cotton Exchange on Wednesday, Pakistan Cotton Ginners Assocication, PCGA, spot rate remain unchanged

Active trading was witnessed at the Karachi Cotton Exchange on Wednesday after cotton arrivals report was released by the Pakistan Cotton Ginners Assocication (PCGA) on Tuesday and cotton remaining stable.

Yazman Mandi’s 400 bales were sold at Rs6,800/maund, 400 bales of Bahawalnagar at Rs6,850/maund, 2,400 bales of Rahimyar Khan at Rs6,800 to Rs6,925/maund and another lot of 2,000 bales of Rahimyar Khan exchanged hands at Rs7,000/maund.

Related Keywords: cotton bales, country has produced more than ten million cotton bales, from last season, improvement in cotton production in Punjab, Pakistan current cotton output, Pakistan Cotton Ginners Association, second consecutive season, showing a slight increase, Textile Industry

Pakistan’s current cotton output of 10.727m bales showing a slight increase of 9.81 percent from last season’s 9.766m bales. This is for the second consecutive season, the country has produced more than 10 million cotton bales.

With lesser area coming under cotton cultivation, the crop size has been shrinking — from 15m bales recorded in cotton season 2013-14 to round 10m bales for the last two seasons.

The fortnightly (April 1-15) phutti (seed cotton) arrivals data of the Pakistan Cotton Ginners Association show improvement in cotton production in Punjab.

Related Keywords: address myriads of challanges besetting textile industry, cotton bales, Karachi cotton exchange, many mills stopped lint buying, on Monday witnessed dull trading, some were engaged in price negotiations with the ginners, spot rates remained unchanged

The Karachi Cotton Exchange on Monday witnessed dull trading as many mills stopped lint buying, while some were engaged in price negotiations with the ginners.

The spot rates remained unchanged at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also stood firm at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Only one transaction was recorded at KCE of 400 bales from Khanpur at the rate of Rs7,000/maund.