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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: cotton market recorded only two transactions, Ex-Karachi rates also decreased, Karachi Cotton Association, Karachi cotton exchange, season end trading at low prices, season is nearing end, slow trading, spot rates decreased

Slow trading seen at the Karachi Cotton Exchange on Tuesday, while spot rates decreased Rs50/maund to Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also decreased to 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 around 1,400 bales at the price in between Rs6,900 and Rs6,925/maund. Rahimyar Khan’s 1,000 bales were traded at Rs6,900 to Rs6,925/maund and 400 bales of Sadiqabad exchanged hands at Rs6,925/maund.

Related Keywords: Buyers made deals for better grades of lint, Cotton market, Karachi Cotton Association, Karachi Cotton Exchange normal trading was witnessed, mills and spinners bought cotton of all qualities, premium prices, spot rate remain intact, Trading activity remained firm, trading session

Trading activity remained firm at the cotton market as mills and spinners bought cotton of all qualities at around Rs 6,675 per maund to Rs 6,725 per maund during the trading session, dealers said. Buyers made deals for better grades of lint on premium prices, as more than 9,000 bales changed hands.
The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,800 per maund.

Related Keywords: cotton, cotton trade would remain slow, influenced some needy spinners, Karachi Cotton Association, pushes cotton prices higher, raised its spot rates by Rs fifty per maund, rising demand, rushed to replenish their stocks, short supply, Shortage of quality cotton, till arrival of next crop

Rising demand and short supply pushes cotton prices higher on Thursday. However, there is a shortage of quality cotton which influenced some needy spinners who rushed to replenish their stocks, brokers said. The Karachi Cotton Association also raised its spot rates by Rs50 per maund.

Related Keywords: Cotton market, Karachi Cotton Association, Karachi cotton exchange, keeping prices firm at overnight level, revival in buying interest, Some spinners made big lot deals, spinners moving to replenish their stocks, spot rates firm, steady flow of buying orders, trading activity remain slow, world cotton production to rise

With some spinners moving to replenish their stocks, cotton market on Tuesday saw revival in buying interest. Some spinners also made big-lot deals with steady flow of buying orders keeping prices firm at overnight level.

Brokers said that the rising trend in world cotton prices could have induced some spinners to build up stocks at current rates.

Related Keywords: better grades of lint, buyers made deals on slightly higher prices, domestic market, firm physical prices, Forward deals changed hands, Karachi Cotton Association, KCE, mills and spinners remained eager for quality lint, Moderate trading seen at the lint market, slightly higher price, trading activity remain slow

Moderate trading seen at the lint market with firm physical prices, while buyers made deals on slightly higher prices. Forward deals also changed hands for better grades of lint on slightly higher price at around Rs6,600 per maund in Sindh and Punjab stations. The Karachi Cotton Association (KCA) kept the spot rate at Rs 6,700 per maund.

According to floor brokers, buyers made deals for all grades besides deals for better and second grade of lint for blending purpose remained firm and deals changed hands at around Rs 6,575 per maund to Rs 7,000 per maund during the trading session.

Related Keywords: cotton market on Wednesday, crisis ridden textile mills, Karachi Cotton Association, kept its spot rates steady, Most textile mills, rather converting it into yarn, remained conspicuous by their absence, running out of working capital, spinners selling cotton from their stocks, started to shut down, witnessed slow trading activity

Cotton market on Wednesday witnessed slow trading activity as crisis-ridden textile mills remained conspicuous by their absence. Most textile mills running out of working capital have started to shut down, brokers said. The Karachi Cotton Association kept its spot rates steady.

Related Keywords: claiming cotton import, considerably increase cost of doing business, crucial for textile industry, Karachi Cotton Association, KCA, levy of any tax on imported cotton, meet requirements of basic raw material

The Karachi Cotton Association (KCA) claiming that cotton import was crucial for the textile industry to meet the requirements of basic raw material said that levy of any tax on imported cotton would considerably increase their cost of doing business.

Hence, KCA seeks to review cotton import for which it has appealed the government to review reported proposal regarding the levy of duty and taxes on import of raw cotton.

Related Keywords: cotton bales, Cotton market, cotton market in Pakistan remained steady, Despite world cotton market giving a mixed trend, Karachi Cotton Association, lack of buying interest from spinners witnessed, slow trading, spot rates unchanged, trading on ready counter was slow and restricted

Despite the world cotton market giving a mixed trend, the cotton market in Pakistan remained steady. The Karachi Cotton Association left its spot rates unchanged.

However, trading on ready counter was slow and restricted. Major deals that changed hands were 1,000 bales from Sadiqabad at Rs7,000 par maund (around 37 kilograms) and 800 bales from Haroonabad at Rs6,800 to Rs7,000.

Related Keywords: better lint remaining in focus, cotton prices remained firm, Karachi Cotton Association, Karachi cotton market, spot rate remained intact, Trading session at Punjab and Sindh stations

Trading session at Punjab and Sindh stations, cotton prices remained firm, according to traders at the Karachi cotton market. While the Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,750 per maund with better lint remaining in focus.

Shrinking stocks of better quality forced buyers to pay premium prices on deals and domestic sellers also began demanding slightly higher prices.