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Related Keywords: 1, 470 yuan was also noted in the Chinese market, coming cotton season of 2018-19 will be bullish, cotton, crucial time of sowing, far¬mers in Punjab are also facing irrigation water shortage, Karachi Cotton Association, polyester fibre prices

The irrigation water crisis in Sindh is badly damaging sowing in the province as quoted by Syed Mudabir Shah who is a cotton broker.He also added that, “The reports coming from lower Sindh are not encouraging as majority of the farmers there do not have any other option to irrigate their fields except from canal water. These areas are facing water shortage for the first time in cotton sowing period.” He added that farmers in lower Sindh are not waiting for rains to complete their sowing process.

Related Keywords: cultivated in Balochistan, demand, developing supply chain, discuss efforts made to produce certified organic cotton, Karachi Cotton Association, KCA, Meeting organized by World Wildlife Fund-Pakistan, Organic cotton to get certification, production, seed, world agencies next year, WWF-P

Meeting organized by the World Wildlife Fund-Pakistan (WWF-P) and the Karachi Cotton Association (KCA) on Tuesday to discuss the efforts being made to produce certified organic cotton, which is currently being cultivated in Balochistan. Organic cotton being cultivated in the country will get certification from world agencies next year.

The transformation will take place under the supervision of WWF-P and a certified verifying body, which will inspect the crop’s quality.

Related Keywords: downward trend, influenced by world cotton market, Karachi Cotton Association, kept cotton prices under pressure, lack of buying interest, local textile industry, lower level, market remained devoid of much needed activity, revival of buying interest, second consecutive day on Wednesday, spot rate

The lack of buying interest from local textile industry influenced by world cotton markets’ downward trend, kept cotton prices under pressure for the second consecutive day on Wednesday. Although there was a revival of buying interest at the lower level yet the market remained devoid of much-needed activity.

Related Keywords: Cotton market, cotton prices, fairly moderate activity, Ginners, import options, Karachi Cotton Association, replenished stocks at lower level, revival of buying interest, Spinners, spot rates unchanged, substantial export orders, trading ring

Cotton prices stabilizing on Tuesday at cotton market with the revival of buying interest at the lower level. Many small- and medium-sized spinners actively rep­lenished their stocks at the lower level. Consequently, fairly moderate activity was noted when trading ring closed. How­ever, activity remained res­tricted as many leading spin­­ners looked for import options.

Related Keywords: above market expectations, All Pakistan Textile Mills Association, cotton arrival trends, cotton bales, current season, ginning factories, Karachi Cotton Association, last fortnight, Pakistan Cotton Ginners Association, revised production target, targeted cultivation area

The Pakistan's cotton arrival trends during last fortnight, showing above the market expectations, at least 422,738 cotton bales of 160 kilograms each reached ginning factories during the last fortnight, as per the industry data showed on Wednesday.

According to a consolidated statement of cotton arrivals in factories around the country till January 1, total cotton arrival at ginning stage has so far reached at 11.108 million bales, a seven percent increase in volume compared with the same period a year ago.

Related Keywords: cotton bales, Cotton market, December closing, Karachi Cotton Association, Karachi cotton exchange, kerb market, second grade of cotton, slow down in trading activity, Spinners, spot rates remained unchanged, trading remained slow

Cotton market witnessed slowed down in trading activity due to December closing. At the Karachi Cotton Exchange on Tuesday, trading remained slow, while spot rates remained unchanged.

The spot rates stood firm at Rs7,000/maund (37.324kg) and Rs7,502/ 40kg. Ex-Karachi rates also remained unchanged at Rs7,145/ maund and Rs7,657/ 40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

Related Keywords: cotton picking activity at halt, cotton producing districts, Karachi Cotton Association, mark Ashura, monotonous as buyers and sellers stayed away, Pakistan cotton market, phutti, prices under pressure, Punjab variety, seed cotton, Sindh quality, slackness in cotton demand, Spinners, spot rate

The cotton market on Monday began monotonous as buyers and sellers stayed away. Due to slackness in cotton demand, phutti (seed cotton) prices also remained under pressure and were quoted between Rs2,800-3,000 per 40kg for Sindh quality and Rs2,800-3,050 per 40kg for Punjab variety.

Ginner were holding onto stocks from earlier on since cotton picking activity came to a complete halt over the weekend to mark Ashura. According to a leading cotton broker, it will be a couple of days before trading normalises.

Related Keywords: buyers made deals on slightly higher price, continued at lint market, cotton bales, Dull trading activity, Eid holiday and rains in most parts of stations, forward deals for grade selective, Karachi Cotton Association, majority stakeholders remained on sidelines, price in firm zone, second grade of lint, shrinking fine lint, spot rate

Dull trading activity continued at lint market as majority of stakeholders remained on sidelines on back Eid holiday and rains in most parts of the stations. Buyers made deals on slightly higher price besides forward deals for grade selective and second grade of lint also changed hands, fibre traders said.
Market would become active after Eid holidays, and market buying-interest sentiments would push general prices in green zone while weak ginners to get some strength capitalize on their dealings, traders said.

Related Keywords: buyers bought all qualities of lint, cotton trading remained firm, growing demand of garments, high prices to the buyers, Karachi Cotton Association, leading ginners, offered by ginners, offered few stocks, sensing future demand of quality lint, slightly higher prices, spinners bought quality cotton, steady spot rate, trading session, yarn

During the trading session, buyers bought all qualities of lint offered by the ginners, leading ginners sensing future demand of quality lint offered few stocks on high prices to the buyers. While, spinners bought quality cotton on slightly higher prices during the session.

The cotton trading remained firm amid steady spot rate and around 1,500 bales changed hands.

Ghulam Rabbani, a senior trader said that the buyers were accepting a bit higher prices as the leading millers bought around 900 bales at Rs around 6,575 per maund during the session.

Related Keywords: Cotton growers, cottonseed prices down, ginners had oversold lint, Karachi Cotton Association, Karachi cotton exchange, KCE recorded eleven transactions, kerb market, local farmers, necessary measures, providing level playing field, reduce the import of cotton, spot rates fell, trading remain active

At the Karachi Cotton Exchange on Tuesday, trading remain active while spot rates fell Rs50/maund to Rs6,250/maund (37.324kg) and Rs6,698/40kg. Ex-Karachi rates also dropped to Rs6,395/maund and Rs6,853/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

KCE recorded 11 transactions of around 15,000 bales at a price of Rs6,225 to Rs6,400/maund. Transactions were recorded from Mirpurkhas, Sanghar, Hyderabad, Kotri, Shahdadpur, Tando Adam, Qaboola, Burewala, Sahiwal, Khanewal and Chichawatni.