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Related Keywords: cotton bales, Cotton market, cotton market in Pakistan remained steady, Despite world cotton market giving a mixed trend, Karachi Cotton Association, lack of buying interest from spinners witnessed, slow trading, spot rates unchanged, trading on ready counter was slow and restricted

Despite the world cotton market giving a mixed trend, the cotton market in Pakistan remained steady. The Karachi Cotton Association left its spot rates unchanged.

However, trading on ready counter was slow and restricted. Major deals that changed hands were 1,000 bales from Sadiqabad at Rs7,000 par maund (around 37 kilograms) and 800 bales from Haroonabad at Rs6,800 to Rs7,000.

Related Keywords: buyers and sellers remained to the sidelines, cotton bales, facing difficulty in exporting cotton yarn, Karachi Cotton Association, owing to short supply of quality lint, owing to uncompetitive prices, polyester cotton yarn, raised spot rates by Rs fifty, remained slow, rise in cotton prices, Spinners, Trading activity at cotton market

Trading activity at cotton market on Monday remained slow as buyers and sellers remained to the sidelines owing to short supply of quality lint and rise in cotton prices. The Karachi Cotton Association also raised its spot rates by Rs50, to Rs6,800 per maund (around 37kg).

According to market estimates, ginners currently hold 500,000 bales of cotton in order to get best prices are careful in disposing of these stocks.

Related Keywords: cotton bales, cotton market on Tuesday, ginners kept asking for higher prices, Karachi Cotton Association, limited stocks, lint, owing to short supply of quality cotton, spinners were reluctant to pay more, spot rate remained intact, Trading session remained moderate

Trading session remained moderate at the cotton market on Tuesday owing to short supply of quality cotton. The Karachi Cotton Association's (KCA) spot rate remained intact at Rs 6,800 per maund. While ginners kept asking for higher prices due to limited stocks, spinners were reluctant to pay more, brokers said.

According to a senior trader, Ghulam Rabbani, the volumes remained small with growing demand for better grades of lint on slightly higher price by the mills and spinning sector during the trading session.

Related Keywords: availability of little stocks, cotton bales, cotton market on Thursday, Ginners, ginners willing to offload lint, increased fifty per maund, Karachi cotton exchange, Normal trading witnessed, not ready to sell at lower rates, spot rates

Normal trading was witnessed at cotton market on Thursday despite availability of little stocks with the ginners. While, the spot rates at the Karachi Cotton Exchange increased Rs50/maund.

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

According to an analyst, normal trading was recorded despite as there are talks of new crop, ginners are willing to offload their lint, but they are not ready to sell at lower rates.

Related Keywords: against the set target of fourteen point one million bales, cotton bales, led to reduction in overall cotton sowing, less return from competing crops, lower prices in last year, missing cotton production target by around twenty five percent, Pakistan cotton production, recorded ten point five million bales, this season

Pakistan cotton production has been recorded at 10.5 million bales against the set target of 14.1 million bales for 2016-17, missing the cotton production target by around 25 percent.

Official sources revealed on Saturday that 10.5 million bales of cotton have been recorded so far and the number may reach 10.6 million bales by end-March (closing time); however, the number surpassed the cotton production of 9.7 million bales recorded during the same period of the last year (2015-16).

Related Keywords: but at the lower level, cotton bales, Karachi Cotton Association, left spot rates unchanged, market still remained devoid of much needed trading activity, Pakistan cotton market, recovers part of recent losses, Renewed buying interest

Pakistan cotton market recovers part of the recent losses with renewed buying interest on Wednesday but at the lower level. However, the market still remained devoid of much-needed trading activity.

Cotton prices after touching a peak level came under correction on profit-selling but now once again started bouncing back on renewed buying interest, brokers said.

Sluggish off-take of cotton yarn and textile products are dampening sentiment but some needy spinners rushed to replenish their stocks to meet their immediate needs.

Related Keywords: cotton arrival, cotton bales, cotton growing areas, local markets, Pakistan Cotton Ginners Association, textile mills cotton exporters, witnessed year on year more than ten percent increase

Cotton arrival in the local markets witnessed year-on-year 10.63 percent increase to 10.634 million bales, according to the Pakistan Cotton Ginners’ Association.

Around 9.717 million cotton bales were so far sold in the local markets as against 8.390 million bales a year ago. Local crop arrival increased in
February as compared to the last year despite torrential rains and flash floods in some cotton growing areas in the country.

Related Keywords: active trading prevailed at KCE, cotton bales, Cotton market, couple of big deals, indicated spinners keen to get maximum stocks from local source, KCA, pushed Cotton prices to a new seasonal record high, replenish their stocks, spot rate remained firm, strong demand, Sustained demand from needy spinners, Tight supply of quality cotton

Sustained demand from needy spinners to replenish their stocks over tight supply of quality cotton and strong demand pushed Cotton prices on Wednesday to a new seasonal record high. There were a couple of big deals which indicated spinners are keen to get maximum stocks from local source.

However, active trading prevailed at the Karachi Cotton Exchange on Wednesday, while spot rates remained firm.

Related Keywords: absence of demand for cotton yarn and fabrics, amid high cotton prices, continued till the end of the session, cotton bales, cotton market on Monday, KCA, little trading interest from the outset, rising import of cotton, Slow trading activity witnessed, spinners booked cotton bales for import, spot rate firm

Slow trading activity witnessed amid high cotton prices and the absence of demand for cotton yarn and fabrics at cotton market on Monday. There was little trading interest from the outset which continued till the end of the session, brokers said.

The Karachi Cotton Association’s spot rates were firm at weekend level.

Rising imports of cotton also slowed down trading on the domestic market. Brokers said that big spinners have already booked 2.2 million cotton bales for imports and have already purchased higher quantity of around 9m bales from domestic market.

Related Keywords: anticipating higher prices, coming days, cotton bales, Cotton prices pushed higher, Deal reported to be conditional, ginners held stocks, improvement in cotton yarn price, KCA, no pick up in trading activity, replenish stock, Spinners, spot rate raised, steady flow of buying orders

Cotton prices pushed higher on Friday with steady flow of buying orders. But no pick up seen in the trading activity as ginners held stocks anticipating higher prices in the coming days. Deal was reported to be conditional.

The Karachi cotton Association raised its spot rates by Rs50, to Rs6,700 per maund on Fri¬day.

Nevertheless, trading was marked by a single big deal of 5,801 bales which was quo¬ted at a high price of Rs7,200 per maund (around 37 kilograms).