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Low cotton yield this year in China due to dwindle in growing area

Related Keywords: China, cotton growing area, Cotton market, cotton prices, Cotton Yield, increasing cotton export, Lian Weiliang, low profitability, National Bureau of statistics, National Development and Reform Commission, nationwide modern logistics system, new purchase, sale mechanism, supply gap, temporary purchasing policy

With the growing area of cotton in China this year depleting by 2.9 percent in 2014 has resulted fall in cotton yield. The cotton yield has dropped by 2.2 percent year on year to 6.16 million tonnes, as per National Bureau of Statistics (NBS).

Nationwide, cotton land has declined 2.9 percent in 2014 from the previous year to 63.29 million mu, about 4.2 million hectares.

Declining trend seen on the Pakistan cotton market

Related Keywords: 10 percent growth, cotton output, cotton prices, declining trend, easy trend, higher phutti arrival, KCA, lint price, lower petroleium price, man-made fiber cheap, Pakistan cotton market, Pakistan textile industry, TCP, world market

With higher phutti (seed cotton) arrivals into the market and an ongoing easy trend on world market has lead to further fall in cotton prices on Thursday.

The Karachi Cotton Association (KCA) cut its spot rates for second consecutive session by Rs100 to Rs4,650 a maund, indicating the mounting pressure on lint prices.

The declining trend in lint prices world over has multiplied pressure on the domestic market .

The Trading Corporation of Pakistan’s (TCP) procurement drive seems to be failing as lint prices have dropped by between Rs300 and Rs350 since its start.

Good trading activity was witnessed at Pakistan cotton market

Related Keywords: Ashura holidays, buying cotton, cotton prices, mills and spinners, Pakistan cotton market, procurement price, stability in rates, TCP, trading activity

Pakistan cotton market witnessed good business with mills and spinners continued buying on expectations of increase in prices in times to come, on Friday. According to Market sources, no major change in the prices seen after the TCP's announcement of procurement price at Rs 6864 per maund to bring stability in the rates

Falling trend in cotton prices is inducing Pakistani exporters and mills buying

Related Keywords: Active buying by mills and exporters, China, cotton prices, Indian cotton, Pakistan cotton market, waning demand

Active buying by mills and exporters was witnessed on the Pakistan cotton market as prices moved warily on Tuesday. The official spot rate remained unchanged at Rs 5,200, dealers said. In the ready session, around, 20,000 bales of cotton changed hands between Rs 5200 and Rs 5300. In Sindh, rates were lower by Rs 100 to Rs 2000 and Rs 2025, while in Punjab prices were at Rs 2300 and Rs 2600.

Cotton prices continue to decline in Pakistan market

Related Keywords: cotton farmers, Cotton market, cotton prices, international cotton price, Pakistan Cotton Ginners Association, Pakistan cotton industry, phutti, price stability, Sindh region

Pakistan cotton prices ranged between Rs2,600 to Rs2,800 only for a brief period last month in lower Sindh region due to early picking and peaked at Rs3,200. After that the cotton prices continued to decline in Sindh while the picking of the crop would end latest by early next month.

Farmers get Rs2,400 per 40kg whether they sell phutti to middlemen or ginners directly. A major chunk of crop has been sold, and by mid October the remainder will be cleared by peasants in upper Sindh region which witnesses late sowing.

Cotton prices in India witnessed fall to lowest levels this year

Related Keywords: cotton export, cotton prices, cotton production, dull deman, ICF, new cotton arrival, reduced imports from China, Shankar-6 variety, SIMA, staple cotton, zero forward deals

Almost zero forward deals with exporters seen this season as China reduced its imports from India, record-high acreage as well as cotton production, along with dull demand from mills has resulted in fall in cotton prices and it will be the lowest in last one year.

Cotton prices have fallen to the lowest levels in the current cotton year (October 2013-September 2014), at Rs 33,000-34,000 a candy (356 kg). Demand for cotton in terms of exports will also be low.

Lower cotton prices have bailed out Pakistani spinning industry

Related Keywords: cotton prices, cotton yarn, Indian Shanker variety, Indian spinners, Pakistan cotton market, Pakistan spinning industry, yarn price

Lower cotton prices have bailed out the spinning industry to some extent and some closed units likely to resume production. However, industry experts said that the impact of lower cotton and yarn prices is likely to be visible only after the release of the export figures of September, this come into sight on Wednesday.

Higher arrival of phutti with slow demand has move the cotton prices lower

Related Keywords: cotton prices, cut in Chinese import quota, Karachi Cotton Association, lint cotton, Pakistan cotton market, phutti arrival, slow demand for cotton yarn, Spinners, world cotton markets

Higher arrivals of phutti (seed cotton) coupled with slow demand for cotton yarn kept spinners to the sidelines. While prices moved lower on the cotton market yesterday in Pakistan.

Lint prices are coming under more pressure with phutti arrivals gaining momentum with each passing day. On ready trading prices dropped by Rs150 to Rs200 per maund, brokers said.

Cotton prices trend on climatic conditions, rains still trailing in India

Related Keywords: cotton price in india, cotton price in Pakistan, cotton prices, us cotton futures

Cotton prices changed marginally opening the week, yesterday. The US cotton futures closed down 0.05 per cent on the day with the benchmark December contract on ICE Futures at US cents 66.15 per pound, paring losses after sinking near the key support level of US cents 65.

Cotton futures fuelled by frenzy mill buying and short-covering

Related Keywords: Cotton futures, cotton prices

A combination of short-covering and frenzy mill buying fuelled cotton futures to a highest daily gain since March as the benchmark December cotton contract on ICE Futures US closed up US cents 1.35 cents, or 2.1 per cent, to US cents 64.72 per pound on 13 August.

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