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Slow to moderate trading witness with steady pricing

Related Keywords: cotton bales, ginneries, Karachi Cotton Association, Karachi cotton exchange, on Monday at cotton market, prices remaining firm, seed cotton, slow flow of phutti, Slow to moderate trading witnessed, slow trading was recorded, spot rate remained steady, sustained demand from spinners

Slow to moderate trading was witnessed on Monday at the cotton market with prices remaining firm. Though there was sustained demand from spinners for cotton but slow flow of phutti (seed cotton) from fields into ginneries restricted activity.

The new spell of rain expected from next week concerns cotton trade as it may affect the crop in its current growing stage, brokers said.

However, so far the cotton crop is remained safe and sowing also went smoothly on slightly larger area thus strongly indicating that crop size would be larger than last year.

Cotton price remain firm amid short supply

Related Keywords: Cotton market, cotton price stayed firm, fewer arrivals of phutti, Karachi cotton exchange, major textile players, no transaction recorded, price of phutti, remained cautious amid short supply, Spinners and ginners, spot rates remained unchanged

As both spinners and ginners remained cautious amid short supply, the cotton market on Wednesday stayed firm. While at the Karachi Cotton Exchange on Wednesday, no transaction was recorded. Spot rates also remained unchanged at Rs6,650/maund (37.324kg) and Rs7,127/40kg.

Ex-Karachi rates also remained firm at Rs6,785/maund and Rs7,272/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Cotton trading at KCE remain slow

Related Keywords: cotton bales, cotton prices, Karachi cotton exchange, mill in Sindh, new cotton crop would arrive this month, only two transactions recorded, spot rates remained unchanged, started partial ginning, trading remained slow

At the Karachi Cotton Exchange on Tuesday trading remained slow with only two transactions recorded of 1,600 bales at a price in between Rs7,000 to Rs7,050/maund.

Rahimyar Khan’s 800 bales were sold in between Rs7,000 and Rs7,020/maund, while 800 bales of Yazman Mandi exchanged hands at Rs7,050/maund.

The spot rates remained unchanged at Rs6,800/maund (37.324kg) and Rs7,288/40kg. Ex-Karachi rates also stood firm at Rs6,935/maund and Rs7,433/40kg
after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Cotton trading activity likely to remain slow for a couple of months

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.

Slow trading witnessed at cotton market

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.

Moderate trading at cotton market amid strong physical prices

Related Keywords: amid strong physical prices, around nine thousand bales changed hands, Cotton market, Karachi cotton exchange, KCA, Leading buyers eager for quality lint, moderate trading activity, new crop delay, spot rate unchanged, spot rates increased as very little stocks were left with the ginners, trading remained slow

Moderate trading activity witnessed at the cotton market amid strong physical prices with around 9,000 bales changed hands. While, at the Karachi Cotton Association (KCA) spot rate unchanged at Rs 6,700 per maund, fibre traders said.

Leading buyers remained eager for quality lint and bought fine lots on slightly higher prices during the trading session.

According to senior trader, Ghulam Rabbani, leading buyers were concentrating on better grades and the ginning units kept maintaining quality as big groups were making deals for future needs.

Cotton market saw revival in buying interest

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.

Cotton price firm at lint market, no trading activity witnessed

Related Keywords: badly affected, buyers remained selective on grade issue, during trading at lint market, fibre traders, illegal dumping of cloth by India, Karachi cotton exchange, prices remained firm, spot rates remained unchanged, textile market, trading activity remain dull on Wednesday

At the Karachi Cotton Exchange, trading activity remain dull on Wednesday as buyers remained selective on grade issue during trading at lint market while prices remained firm, fibre traders said.

The spot rates remained unchanged at Rs6,700/maund (37.324kg) and Rs7,180/40kg. Ex-Karachi rates also stood firm at Rs6,835/maund and Rs7,325/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Cotton crop production targets during the season were fixed at 14.40 million bales as against the production targets of 14.1 million bales of last year.

Cotton trading at KCE remain slow

Related Keywords: cotton bales, cotton production, Karachi cotton exchange, remain slow, spot rates remained unchanged, three transaction changed hands, trading activity

Trading activity at the Karachi Cotton Exchange on Tuesday remain slow, while spot rates remained unchanged. The spot rates remained unchanged at Rs6,700/maund (37.324kg) and Rs7,180/40kg.

Ex-Karachi rates also stood firm at Rs6,835/maund and Rs7,325/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

KCE three transactions amid prices of Rs6,700 to Rs6,800/maund changed hands. Fort Abbas 400 bales were sold at Rs6,940/ maund, Jalalpur’s 6,800 bales were exchanged at Rs6,800/maund while Rahimyar Khan’s 244 bales at Rs6,700/maund.

Trading activity remain slow at cotton market

Related Keywords: amid strong physical prices, better grades of lint remained in focus, buyers made deals for better second grade of lint, Karachi cotton exchange, meet domestic as well as international commitments, remain slow, spot rates remained unchanged, trading activity, volumes remained moderate, yarn and cloth

Trading activity at the Karachi Cotton Exchange on Tuesday remain slow, as better grades of lint remained in focus amid strong physical prices. Traders said that the volumes remained moderate as buyers made deals for better and second grade of lint to meet their domestic as well as international commitments of yarn and cloth.

Spot rates remained unchanged. The spot rates remained unchanged at Rs6,700/maund (37.324kg) and Rs7,180/40kg. Ex-Karachi rates also stood firm at Rs6,835/maund and Rs7,325/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

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