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Trading remain active with drop in cotton prices

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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.

Active trading continues at cotton market

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Karachi Cotton Exchange on Tuesday continued to witness active trading, while upcountry expenses increased Rs10 a maund. According to an analyst, upcountry expenses increased after a period of around two years, as transport charges also escalated

Spot rate stood unchanged at Rs6,350/maund (37.324 kilogrammes) and Rs6,802/40-kg. However, ex-Karachi rates rose to Rs6,495/maund and Rs6,960/40-kg after addition of Rs145 and Rs155 as upcountry expenses, respectively.

Activity trading seen at cotton market

Related Keywords: amid increase in demand, cotton bales, Ex-Karachi rateso remained firm, ginning factories, Karachi cotton exchange, local market remain steady, new crop, nine transactions recorded, spot rate remained firm, witnessed active trading

Karachi Cotton Exchange on Monday witnessed active trading, while spot rate remained firm at Rs6,350/maund (37.324 kg) and Rs6,802/40-kg. Ex-Karachi rates also remained firm Rs6,485/maund and Rs6,950/40-kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Karachi Cotton Market recorded nine transactions of around 6,000 bales of the new crop at a price of Rs6,350 to Rs6,700 a maund.

According to an analyst, there was more demand after rains stopped in Sindh. Around 65 ginning factories have started operation in Sindh and 10 in Punjab.

Slow trading recorded at Karachi cotton exchange

Related Keywords: cotton bales, cotton cultivation, cotton production, from the new crop, Karachi cotton exchange, likely to increase this year, recorded slow trading, spot rates decreased, with only four transactions

The Karachi Cotton Exchange on Thursday recorded slow trading with only four transactions of 1,700 bales from the new crop at a price of Rs6,350 to Rs6,650/maund.

Trading included 1,000 bales from Shahdadpur, 400 bales from Tando Adam, 200 bales from Hyderabad and 100 bales from Burewala.

The spot rates decreased Rs50/maund to Rs6,300/maund (37.324kg) and Rs6,752/40kg. Ex-Karachi rates also dropped to Rs6,435/maund and Rs6,897/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Normal trading continue at cotton market as prices remain unchanged

Related Keywords: buyers remained in hunt of second grade lint, continued with normal trading, cotton bales, depleting stocks of fine grades of lint, Ginners offered all grades, grand issues, Karachi Cotton Association, Karachi cotton exchange, KCE recorded eight transactions, Spinner made deal for immediate need, spot rates remained firm

The Karachi Cotton Exchange on Wednesday continued with normal trading, while spot rates remained firm at Rs6,350/maund (37.324kg) and Rs6,805/40kg. Ex-Karachi rates also remained unchanged at Rs6,485/maund and Rs6,950/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Cotton market remain stable

Related Keywords: cotton bales, Ex Karachi rates also remained unchanged, in demand of cotton, Karachi cotton exchange, new crop, on Tuesday recorded normal trading activity, prices firm, Sindh and Punjab market, spinning mills, spot rates stood unchanged, upcountry expenses

Karachi Cotton Exchange on Tuesday recorded normal trading activity, while spot rates stood unchanged at Rs6,350/maund (37.324kg) and Rs6,805/40kg. Ex-Karachi rates also remained unchanged at Rs6,485/maund and Rs6,950/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

KCE recorded seven transactions of around 4,500 bales from the new crop of Sindh and Punjab at a price of Rs6,275 to Rs6,550/ maund.

Trading at cotton market improves

Related Keywords: classes of cotton varieties, Ex Karachi rates also increased, Karachi cotton exchange, official spot rate, or base price was fixed, showed improvement on Monday, spot rates increased Rs fifty per maund, the Karachi Cotton Association, trading activity

Trading activity at the Karachi Cotton Exchange showed improvement on Monday, while spot rates increased Rs50/maund to Rs6,350/maund (37.324kg) and Rs6,805/40kg. Ex-Karachi rates also increased to Rs6,485/maund and Rs6,950/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

KCE recorded eight transactions of around 4,000 bales of the new crop from Sindh and Punjab at a price of Rs6,350 to Rs6,500/maund.

Cotton price remain firm

Related Keywords: cotton growing areas, Cotton market, due to monsoon rains, grade issue at lint market, Karachi cotton Association, Karachi cotton exchange, leading buyers made cautious deals, only single transaction recorded, remains dull, spot rate firm, spot rate intact, trading activity

Trading activity at the Karachi Cotton Exchange on Thursday remains dull due to monsoon rains in the cotton growing areas of Sindh and Punjab with only single transaction of 200 bales of Sanghar at Rs6,300/maund recorded in the cotton market.

The spot rates remained firm at Rs6,300/maund (37.324kg) and Rs6,752/40kg.Ex-Karachi rates also stood unchanged at Rs6,435/maund and Rs6,897/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

According to an analyst, the trading activity might remain slow in the coming days, as well, as more rains are predicted.

Slow trading activity witnessed at cotton market

Related Keywords: affect pricing, cotton bales, cotton growing areas, entered in the market, Ex Karachi rates, increased demand, Karachi cotton exchange, new crop, slow trading activity, slowed down the arrivals, spot rates increased, two station of Punjab

At the Karachi Cotton Exchange, slow trading activity was witnessed on Wednesday, while spot rates increased to Rs6,300/maund (37.324kg) and Rs6,752/40kg.

Ex-Karachi rates also increased to Rs6,435/maund and Rs6,897/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

KCE recorded trade of 1,400 bales from six stations in between Rs6,300/maund to Rs6,520/maund.

Trade was recorded from Shahdadpur, Mirpurkhas, Jamsabad and Golarchi in Sindh, while two stations of Punjab, Chichawatni and Burewala, also entered in the market with the new crop.

Normal trading activity witnessed

Related Keywords: arrival of the new crop, Ex Karachi rates also increased, ginners remained successful, ginning factories, Karachi cotton exchange, keeping prices stable, market prices are going upward, normal trading activity witnessed, oversold market, spot rates increased

At the Karachi Cotton Exchange, normal trading activity was witnessed on Wednesday, while spot rates increased Rs50/maund to Rs6,200/maund (37.324kg) and Rs6,645/40kg. Ex-Karachi rates also increased to Rs6,335/maund and Rs6,790/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

KCE recorded seven transactions changed hands of around 5,000 bales from Sindh at a price of Rs6,350/maund to Rs6,400/maund. Deals were noted from Hyderabad, Tando Adam, Kotri, Sanghar, Shahdadpur, Mirpurkhas and Sinjoro.

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