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Related Keywords: fair trading activity, Ginners, lint prices, Pakistan cotton market, phutti, slump in cotton yarn market, spinner exporter, TCP, world market

The cotton market in Pakistan on Tuesday witnessed fair trading activity on Tuesday. According to floor brokers, slump in cotton yarn market coupled with falling trend in world markets is keeping pre¬ssure on lint prices.

Other major factors affecting cotton prices are higher arrivals of phutti (seed cotton) but slow off-take of cotton from spinners and exporters.

Related Keywords: buy cotton bales, cotton rates, cotton trading, Ginners, NY cotton futures, Pakistan cotton market, TCP, textile traders

The upward trend in the NY cotton futures helped the rates to inch up amid moderate trading in Pakistan cotton market, according to dealers. While the official spot rate remained unchanged at Rs 5,000.

In the ready session, around 17,000 bales of cotton changed hands at Rs 4800-5300. In Sindh, rates of seed cotton were firm at Rs 2000 and Rs 2050, in Punjab prices of low type gained Rs 100 to Rs 2500 and Rs 2700.

Related Keywords: cotton price, Ginners, Karachi Cotton Association, lint, Pakistan cotton market, Pakistan domestic market, seed cotton

With higher arrivals of phutti (seed cotton) and increased selling by ginners, cotton prices witnessed drop on Thursday. At the beginning ginners indulged in panic-selling which further pushed down lint prices as millers and exporter showed very little buying interest.

Exporters are facing difficulties in meeting export parity due to falling prices world over. Cotton prices are currently under pressure with China reducing its buying which is the single largest importer of cotton and cotton yarn.

Related Keywords: Cotton market, cotton prices, Ginners, mills and spinners, Pakistan cotton market, spot rate

Prices on the cotton market remained firm in the process of meek trading as mills and spinners kept on the sidelines ahead of Eid-ul-Fitr holidays. The official spot rate held the overnight level at Rs 5800. The prices of seed cotton in Sindh and Punjab stayed unchanged at Rs 2800-2900.
 
The mills were not taking interest in purchasing of cotton due to quality factor, the fall in the business activity is attributed to ginners' attitude toward new deals as most of them were not in favour of deals at the present levels.
 

Related Keywords: cotton price, Ginners, ginning factories, Karachi Cotton Association, lint prices, Pakistan cotton market

Pakistan cotton market has been witnessing a continued downward trend in cotton prices throughout this week. Lint prices have been declining regularly and the cotton market is quite bearish. The ex-gin price as determined by the Karachi Cotton Association (KCA) lost Rs 300 per maund (37.32 Kgs) of grade III cotton.
 

Related Keywords: cotton price, Ginners, lint consumption, Pakistan cotton market, Spinning mill

Pakistan cotton market which witnesses stability or increase in prices especially during the starting months of the season every year, sees the prices taking a drop by up to Rs600 to Rs6,000 this time. Further due to the cutback in lint consumption, prices came under pressure on Wednesday on the cotton market.
 
According to cotton broker, the prices of seed cotton (phutti) have also declined as the prices of cottonseed (Banola) have seen a drop of Rs150, to Rs1,800. The Karachi Cotton Association (KCA) reduced its spot rate by Rs100, to Rs6,100.
 

Related Keywords: cotton, Cotton yarn market, Ginners, Karachi Cotton Association (KCA), Spinners

Trading activity remained extremely slow on the cotton market on Thursday with hardly any worth mentioning deals were reported to have changed hands on Thursday as Ginners were reluctant to sell their stocks at current rates, whereas the spinners on their part were making every efforts to pull prices in their favour. c

Trading activity touch rock bottom, as there seems to be no relief in rising trend in phutti (seed cotton) prices and this has been the main factor behind higher price demand from ginners.