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Related Keywords: cotton bales, cotton market on Tuesday, cotton traders, official spot rate stayed unchanged, seed cotton prices rise, Sluggish business, textile sector, Trade enchancement package, trading activity remain firm

In the process of sluggish business, trading activity remain firm at cotton market on Tuesday, dealers said. The official spot rate also stayed unchanged at Rs 6500.

In Sindh, seed cotton prices were at Rs 3100-3450, while in Punjab, phutti rates were at Rs 3100 and Rs 3650, as per 40 kg. In the ready session, over 3,000 bales of cotton changed hands between Rs 6400 and Rs 6750.

According to expers, cotton traders welcomed issuance of the SRO and hoping for better outcome of incentives given to revive the textile sector.

Related Keywords: cotton bales, cotton prices soared, ginners reluctant to dispose stocks, new high level, no much expansion in trading volume, official spot rates, spinners and some exporters, Sustained demand for quality cotton, wide gap between demand and supply

On sustained demand for quality cotton from spinners and some exporters due to which cotton prices soared to a new high level on Wednesday. However, no much expansion see in the trading volume as ginners were reluctant to dispose of their stocks.

Buyers were not ready to cross a certain price limit, whereas sellers were eager to get best price due to wide gap between demand and supply.
The wide gap between consumption and production keeps spinners extremely worried about source of future supply of cotton to keep the industry wheels moving, brokers said.

Related Keywords: cotton bales, Cotton market, expectation of attractive profit, ginners raised asking prices, in anticipation of getting better rates, official spot rate remain unchanged, slow pace, trading activity

At cotton market, trading activity took a slow pace on Tuesday as the ginners raised asking prices in anticipation of getting better rates and in expectation of attractive profit in the coming days. The official spot rate also remained unchanged at Rs 6375, dealers said.

In Sindh, seed cotton prices were at Rs 3000-3300, while in Punjab, phutti rates stayed put at Rs 3200 and Rs 3550, as per 40 kg.

According to market sources, trading activity came under pressure since the week started in the absence of fresh leads.

Related Keywords: cotton bales, cotton market on Thursday, domestic ginners, helped the volume of business improve, make new deals for near future, official spot rate remain unchanged, punjab phutti rates rose, Renewed buying by spinners, seed cotton prices were higher, spinners were looking actively

Renewed buying by spinners helped the volume of business improve at the cotton market on Thursday, dealers said. According to the market sources, spinners were looking actively to make new deals for the near future.

In Sindh, seed cotton prices were higher by Rs 200 to Rs 3000-3300, while in Punjab, phutti rates rose by Rs 300 to Rs 3200 and Rs 3550, as per 40 kg. The official spot rate remained unchanged at Rs 6350.

Related Keywords: cotton bales, Cotton growers, Cotton market, cotton rates firm, official spot rate remained unchanged, phutti rates, Restricted buying by mills and spinners, seed cotton prices unmoved

In the process of restricted buying by mills and spinners, cotton rates were firm at the cotton market on Friday, as per dealers. The official spot rate remained unchanged at Rs 6300. In Sindh, seed cotton prices were unmoved at Rs 2800-3350 while in Punjab, phutti rates held the overnight levels at Rs 2800 and Rs 3550, as per 40 kg.

Related Keywords: by rupees fifty seed cotton prices, cotton bales, Cotton market, cotton prices, gain momentum, import of cotton, official spot rate moved higher, phutti rates, process of modest trade activity, Spinners

Cotton prices gain momentum at the cotton market in the process of modest trade activity on Wednesday. The official spot rate moved higher by Rs 50 at Rs 6300, dealers said. In Sindh, seed cotton prices were at Rs 2600-3250 while, in Punjab, phutti rates were at Rs 2800 and Rs 3500, as per 40 kg.

Cotton analyst, Naseem Usman said that nothing is new except sharp rise in the international market, influenced the rates of cotton in the domestic market.

Related Keywords: cotton bales, Cotton market witnessed lacklustre conditions, Karachi Cotton Association, leading buyers remained preoccupied in clearing their accounts, official spot rate remain unchanged, production report released by the ginners body, Punjab phutti rates, seed cotton prices, spinners focusing on cotton imports from India

The cotton market witnessed lacklustre conditions on Tuesday as most leading buyers remained preoccupied in clearing their accounts. The Karachi Cotton Association official spot rate remain unchanged at Rs 6250. While, in Sindh, seed cotton prices were at Rs 2600-3250 and in Punjab, phutti rates were at Rs 2800 and Rs 3500, as per 40 kg, according to dealers.

Furthermore, spinners are currently focusing on cotton imports from India because the production report released by the ginners’ body has not shown encouraging figures and estimated to be around 10.08 million bales.

Related Keywords: ahead of bank closing, buying remained restricted, cotton bales, cotton market recovering, lower level lint prices, meet short-term requirement, New Year eve, ready trading, regained recent losses, renewed buying interest from spinners, small lot transactions, spinners rushed back, steady flow of buying orders

The cotton market recovering with renewed buying interest from spinners on Wednesday. Floor brokers said that spinners rushed back to meet their short-term requirement, but their buying remained restricted to small-lot transactions ahead of bank closing and New Year eve.

Due to steady flow of buying orders at the lower level lint prices regained recent losses and finished Rs50 higher on ready trading.

Related Keywords: activity declined considerably, Buyers taking sidelines, cotton bales, get better price, ginners holding back stocks, KCA, market behaviour firm and steady, meet immediate demand, preferring to indulge in short ccovering, short supply of quality cotton, spot rate steady

With buyers taking to the sidelines and preferring to indulge in short-covering to meet their immediate demand, The market behaviour was firm and steady on Monday, but activity declined considerably due to short supply of quality cotton. However, brokers believed that ginners have started holding back their stocks in order to get better price.

Related Keywords: cotton bales, Cotton market, Cotton prices rose by rupees two hundred to three hundred, imported Indian cotton issue, KCA, per maund, pushes cotton prices higher, ready counter, Renewed buying interest, seed cotton, spinners and some exporter, spot rate, textile industry perplexed mode

Renewed buying interest from spinners and some exporter at cotton market on Friday pushes cotton prices higher. Cotton prices rose by Rs200 to Rs300 per maund (around 37 kilograms).

There were higher trade deals which helped cotton prices recoup their recent losses and finished around Rs200 to Rs300 higher on the ready counter, brokers said.

The Karachi Cotton Association raised its spot rate by Rs100, to Rs6,300 per maund.