News Tags

Related Keywords: cotton bales until mid March, cottonseed, ginning process, increased nine point ninety nine percen, over the same period last year, Pakistan Cotton Ginners Association, Pakistan cotton production, phutti, Textile mills

Pakistan’s cotton production has increased 9.99 percent reached 10.722 million bales until March 15, 2017, over the same period last year. According to report from Pakistan Cotton Ginners Association (PCGA), out of the total arrivals, cottonseed (Phutti) to the tune of 10,722,328 bales has undergone the ginning process.

Arrivals in Punjab ginneries were recorded at 6.9 million or 6,935,370 bales, growing by 15.92 percent compared to the corresponding period last year.

Related Keywords: cost-effective, Cotton market, cottonseed, fine grade, ginneries, KCA, Mills, Pakistan cotton market, Punjab traders, range bound trading, Spinners

Growing demand for fine grades was seen on cotton market amidst range bound trading, while prices of all grades remained cost-effective on cotton market this Monday.
 

Related Keywords: Cotton market, cottonseed, ginner, grower, Karachi Cotton Association, lint trading, power load shedding, transport

Lint trading at main stations of Punjab and Sindh remained dreary due during three days past week to absence of workforce, non-availability of transport and power load shedding.
 
Spot rate was firm with no active physical trading on back of Eid holidays, traders said on Saturday.
 
During past week the buyers made deals for fine bales for immediate use besides purchased all grades in order to fortify their inventories, traders at Karachi Cotton Association (KCA) said.
 

Related Keywords: Cotton market, cottonseed, hectic buying, Karachi Cotton Association, Phutti arrivals, spinning mill owner, trading activity

Some hectic buying was witnessed on the cotton market from spinning mill owners ahead of Eidul Fitr holidays due to which there was some improvement seen in trading activity on Thursday.

.
Phutti arrivals could not improve as growers were reluctant to sell their produce at lower prices, but there were some weaker links among them trying to sell at prevailing low rates to meet their Eid-related expenses.
 
Deals were finalised at Rs5,850 and Rs6,000 in Punjab and Rs5,800 and Rs5,950 in Sindh.