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Related Keywords: amid hovering fears of rise in rates, cotton bales, Cotton market, mills and spinners, official spot rate remain unchanged, replenish stock, seed cotton prices, seen making fresh buying

Mills and spinners were seen making fresh buying amid hovering fears of rise in rates to replenish their stock at cotton market, dealers said. The official spot rate remain unchanged at Rs 5,900.

In Sindh, seed cotton prices at Rs 3100-3200 and in Punjab rates of Phutti were at Rs 2900-3100, as per 40 kg, dealers said. In ready business, over 13000 bales of cotton changed hands between Rs 6000 and Rs 6250.

Related Keywords: Cotton Association of India, cotton bales, cotton cultivation expected to shrink, cotton prices have jumped, due to delayed rains, fall in yield, five-year low, India cotton yields, measures to reduce import, pink boll-worm attacks in Gujarat, raw cotton production is expected to fall, Textile Industry, white fly problems in northern India

India's cotton yields have fallen from 566kg per hectare in 2014 to 504kg in 2016 which is already among the world’s lowest. Fall in yield is due to delayed rains and white fly problems in northern India and pink boll-worm attacks in Gujarat. As a result, raw cotton production is expected to fall to a five-year low of 33.8 million bales in the year to Sept.30 from 38 million bales a year earlier, and cotton prices have jumped from $1.50 to $2 a kilogram. A bale of cotton weighs 170kg.

Related Keywords: ahead of Eid-ul-Azha holidays, amid strong demand from spinners, cotton bales, Cotton market, Cotton prices remain firm, due to increase in supply of Phutti, keen to replenish their stocks, long-time, official spot rate stayed unchanged, prices halted decline, prices of cotton, seed cotton prices, under pressure

Cotton prices remain firm amid strong demand from spinners, who were keen to replenish their stocks ahead of Eid-ul-Azha holidays at cotton market on Friday, dealers said. The official spot rate stayed unchanged at Rs 5,850. Some brokers said that after a long-time, prices halted decline.

In Sindh, seed cotton prices were at Rs 2800-3050 and in Punjab rates of Phutti were at Rs 2500-2900, as per 40 kg, they said. In ready business, around 15,000 bales of cotton changed hands between Rs 6000 and Rs 6100, dealers said.

Related Keywords: cotton bales, Cotton market, cotton prodcution, easy supply position, falling trend persisted, Modest trade, official spot rate dropped further, prices showed softness, seed cotton prices

In the process of modest trade at cotton market falling trend persisted on Friady, dealers said. Also, the official spot rate dropped further by Rs 100 to Rs 6,400. Market sources said that in the early session, prices showed softness due to reports of easy supply position.

In Sindh, seed cotton prices were unchanged at Rs 3000-3300 and in Punjab rates of Phutti, followed same trend, showing no change at Rs 2600-3200, per 40 kg. Meanwhile, in ready business, around 13000 bales of cotton changed hands between Rs 6300 and Rs 6650.

Related Keywords: cotton bales, cotton bales need to be imported, cotton prices unjustifiably high, cotton production to face shortage, cotton seed, Pakistan Cotton Ginners Association, Pakistan cotton sowing, prices of the commodity would ease., supply shortage, twenty five percent lower this year

With Pakistan’s cotton sowing remaining 25 percent lower this year compared to the last year, its cotton production likely to face a shortage of around 2.5 million cotton bales during current year, said Girdhari Lal of Pakistan Cotton Ginners Association.

Girdhari Lal further said that with country’s cotton demand hovers around 14 million bales while the production estimated at a little above 11 million bales. According to their estimates, around 2.5 million bales would need to be imported.

Related Keywords: amid modest trade, best quality of seed cotton, cotton bales, Cotton market, Cotton prices remain stable, official spot rate up, rates of Phutti dropped, seed cotton prices unchanged

Prices remain stable amid modest trade at the cotton market on Tuesday, dealers said. In Sindh, seed cotton prices were unchanged at Rs 3300-3500 and in Punjab rates of Phutti dropped by Rs 100 to Rs 3100-3450, in Balochistan, best quality of seed cotton was available at Rs 3650, per 40 kg.

But the official spot rate was up by Rs 50 to Rs 6,600.

In ready business, around 8,000 bales of cotton changed hands between Rs 6650 and Rs 6850, they said.

Related Keywords: amid persistent demand for quality cotton, cotton bales, Cotton market, expected prices of fine quality up, official spot rate remained unchanged, prices of seed cotton, rising demand against short supply, touching seasons new high

At the cotton market on Monday amid persistent demand for quality cotton, prices of seed cotton was seen touching season's new high at Rs 3500, dealers said. According to some brokers, it is expected that prices of fine quality may up due to rising demand against the short supply.

The official spot rate remained unchanged at Rs 6,550, dealers said. In both Sindh and Punjab, seed cotton prices were higher by Rs 100 to Rs 3300-3500, as per 40 kg, respectively. In ready business, around 20,000 bales of cotton changed hands between Rs 6700 and Rs 6900

Related Keywords: area under cotton cultivation, Cotton Advisory Board, cotton bales, cotton imports, cotton production in India, likely to decline seven year low, pest attacks, reduction in the area, see a new high this fiscal, Union agriculture ministry

India's cotton production in 2015-16 has declined to 338 lakh bales (one bale of 170 kg each), down 12.4 percent from 386 lakh bales in the previous year, to hit a six-year low, according to last month's update of Cotton Advisory Board (CAB).

Related Keywords: cotton bales, Cotton market, decline in fresh arrival, fall in arrivals of seed cotton, ginners to raise asking prices, late sowing, official spot rate picked up, Prices recovered slightly, Punjab station

Prices recovered slightly on the cotton market on Tuesday with the fall in arrivals of seed cotton from the Punjab station due to late sowing, dealers said. In both Sindh and Punjab, seed cotton prices were at Rs 3000 and Rs 3200 per 40 kg, respectively.

The official spot rate picked up Rs 50 to Rs 6,250, dealers said. In ready business, around 8,000 bales of cotton changed hands between Rs 6450 and Rs 6700.

Related Keywords: cotton bales, Cotton market, despite strong mill buying, Improvement in seed cotton arrivals, prices not showing improvement, prices remained under pressure, ready business

With the improvement in arrivals of seed cotton, prices remained under pressure on the cotton market on Monday, according to the dealers. In both Sindh and Punjab, seed cotton prices were at Rs 3000 and Rs 3200 per 40 kg, respectively.

The official spot rate continued falling trend, losing more Rs 200 to Rs 6,200, dealers said.

In ready business, around 20,000 bales of cotton changed hands between Rs 6400 and Rs 6500, dealers said.