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Related Keywords: approved varieties of cotton seed, Commissioned Research Programme, Cotton growers, cotton production, cotton seed, crops, subsidised rate

The Secretary Agriculture said that Punjab government has issued 110,000 smart phones to the farmers equipped with special applications through which extension services are being provided to cotton growers and other crops. He said that 350.889 million rupees are being spent on Commissioned Research Programme for high yield cotton seed production.

Related Keywords: buyers purchased better grades, cotton seed, demand of better, KCA, major stations of Punjab and Sindh, physical prices strong, second grade of cotton, slightly higher price, spot rate, Trading sessio

During the trading session in major stations of Punjab and Sindh, the demand of better and second grade of cotton kept physical prices strong. Buyers purchased better grades of cotton at a slightly higher price at around Rs 7,550 per maund to Rs 7,625 per maund.

Buyers bought the commodity at a premium price while ginners made deals for second grade of lint in anticipating paucity in the forthcoming trading sessions at the lint market.

The physical prices would likely remain firm on paucity of better grades arrival of phutti (cottonseed) in ginneries.

Related Keywords: cotton seed, cotton trading in Sindh and Punjab stations, fine grades of lint, higher demand, Karachi Cotton Association, Karachi cotton exchange, remained selective on grade issue, slow trading continued, spot rates stood firm

At the Karachi Cotton Exchange slow trading continued on Thursday, while spot rates stood firm at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also remained unchanged at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

The cotton market recorded only two transactions of 1,400 bales at Rs6,900 to Rs6,970/maund. Sadiqabad’s 1,000 bales were sold at Rs6,900/maund, while 400 bales of Noorpur Noranga exchanged hands at Rs6,970/maund.

Related Keywords: assess volume of silver fibre crop, CCAC, competitive support price, Cotton growers, cotton production, cotton seed, current season, drop in prices, farmers under sowed, Federal Committee on Agriculture, high temperature, Pakistan cotton, rains hit cotton cultivation, remain lower

At the beginning of current season, the Federal Committee on Agriculture had projected that farmers would plant cotton over an area of 3.009 million hectares and produce 14.101 million bales. But Pakistan’s cotton produce is expected to remain lower at around 10.542 million bales in the current season because farmers under-sowed the cash crop on the fears of further drop in prices.

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: Cotton Association of India, Cotton Ginners, Cotton ginning industry, cotton seed, face tough time, falling cotton prices, low export demand, major buyers like China, raw cotton, realization from processed cotton, Saurashtra Ginners Association, shrinking profit margin

Cotton ginners are in a fix as export demand is less as major buyers like China have not turned up this time. This is hurting realization from processed cotton, thereby reducing profit margins for ginners, said Arvind Patel, Vice-President of Saurashtra Ginners’ Association (SGA), one of the largest clusters of the cotton ginning industry in the country.

Related Keywords: almost half of ginning units not operational, Cotton ginning industry, cotton lint, cotton prices fallen, cotton seed, due to weak prices, facing loss on trading, Gujarat top cotton growing state, Punjab cotton ginners association, raw cotton, SGA

The cotton ginning industry facing loss of about Rs 8 crore a day on trading roughly around 80,000 bales every day due to weak prices. There are around 4,500 ginning units in the country, almost half of which are not operational at the moment

Related Keywords: Cotton growers, cotton seed, fine grade demand, KCA, Pakistan cotton market, physical prices on firm footing, second grade cotton, spot rate, Trading week

During trading week, fine grade demand combined with buyers’ eagerness for fine and second grade cotton for blending purposes kept physical prices on firm footings. During trading activities sellers demanded slightly higher prices for better grades under slower than expected influx of cottonseed in the ginneries during past week, traders said.

Related Keywords: cotton seed, cotton trading, lint, Pakistan cotton market, Punjab and Sindh market, range-bound trading, spinner

Trading in major stations of Punjab and Sindh remained range-bound with growing demand for fine grades, while prices of all grades remained cost-effective. Spinners bought all grades on cautious note besides deals for selective lots in order to build up their inventories on Tuesday.

But at some leading centres dull trading was seen due to political crisis, power crisis at textile units and ginneries, grade issue and liquidity problems to buyers.

Related Keywords: cotton seed, Pakistan cotton production

The Pakistan government having set cotton production target is now working out strategy to make available quality seed to it cotton growers. A joint strategy by Federal Seed Certification and Registration Department (FSC&RD), Ministry of National Food Security and Research and Seed Association of Pakistan (SAP) is being developed for availability of quality cotton seed for Kharif 2014-15.