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Slow trading activity seen at KCA

Related Keywords: buyers were not ready to purchase lint, higher rates, industry is facing financial crisis, Karachi cotton exchange, shortage of such funds created liquidity crunch, slow trading to prevail for a few months, spot rate remained steady, unpaid refunds lying with government, witnessed slow trading activity

Karachi Cotton Exchange on Wednesday witnessed slow trading activity as buyers were not ready to purchase lint at higher rates. While, the spot rate remained steady.

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

Karachi Cotton Exchange recorded only one transaction of 2,000 bales from Khanpur at Rs7,000/maund.

Dull trading continues at cotton market

Related Keywords: buyers still remained away from the market, domestic cotton arrival, international markets, Karachi Cotton Brokers Association, Karachi cotton exchange, on Tuesday witnessed dull trading, predicted better cotton outlook, spot rates remained unchanged, yarn and fabric sales were not picking up

Karachi Cotton Exchange on Tuesday witnessed dull trading as buyers still remained away from the market after yarn and fabric sales were not picking up in the international markets.

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 market witness dull trading

Related Keywords: address myriads of challanges besetting textile industry, cotton bales, Karachi cotton exchange, many mills stopped lint buying, on Monday witnessed dull trading, some were engaged in price negotiations with the ginners, spot rates remained unchanged

The Karachi Cotton Exchange on Monday witnessed dull trading as many mills stopped lint buying, while some were engaged in price negotiations with the ginners.

The spot rates remained unchanged at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also stood firm at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Only one transaction was recorded at KCE of 400 bales from Khanpur at the rate of Rs7,000/maund.

Normal trading witnessed cotton market

Related Keywords: availability of little stocks, cotton bales, cotton market on Thursday, Ginners, ginners willing to offload lint, increased fifty per maund, Karachi cotton exchange, Normal trading witnessed, not ready to sell at lower rates, spot rates

Normal trading was witnessed at cotton market on Thursday despite availability of little stocks with the ginners. While, the spot rates at the Karachi Cotton Exchange increased Rs50/maund.

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

According to an analyst, normal trading was recorded despite as there are talks of new crop, ginners are willing to offload their lint, but they are not ready to sell at lower rates.

Surge in cotton on back of strong buying from spinners and short supply

Related Keywords: against limited stocks, Cotton prices surged, cotton stocks are reducing day by day, ginners striving to get highest prices, Indian cotton prices recorded, Karachi cotton exchange, short supply, slack demand from mills, slower exports, spot rates remained unchanged, strong buying from spinners

Cotton prices surged on Wednesday on the back of strong buying from spinners and short supply. At Karachi Cotton Exchange, spot rates remained unchanged.

The spot rates stood firm at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also remained intact at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Dull trading activity witnessed at KCE

Related Keywords: activity slowed down, ahead of the cotton arrivals, ginners and spinners tightened their positions, Karachi cotton exchange, only three thousand bales, recorded domestic transactions, spot rate decrease by fifty rupees, witnessed dull trading activity

The Karachi Cotton Exchange on Friday witnessed dull trading activity as it recorded domestic transactions of only 3,000 bales in between Rs6,250/maund to Rs6,800/maund.

Transactions were recorded from Sanghar, Pithoro and Saleh Pat in Sindh.

The spot rates decreased Rs50/maund. The spot rates fell to Rs6,650/maund (37.324kg) and Rs7,127/40kg.

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

Lint prices in local market remained stable

Related Keywords: after announcement of textile package. mills forced to buy back local cotton, around five thousand bales, dispute with Indian exporters, Karachi cotton exchange, KCE recorded domestic transactions, Local industry focusing on more consumption, on prices, six cotton stations, spot rate remained unchanged, trading activity remained slow

At the Karachi Cotton Exchange on Monday, trading activity remained slow. KCE recorded domestic transactions of around 5,000 bales from six stations in between Rs6,150/maund to Rs7,000/maund.

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

Prices likely to remain high at cotton market

Related Keywords: abolition of four percent duty on cotton imports, Cotton market, Dull trading was record, Ex Karachi rates remained unchanged, Karachi cotton exchange, little deals were booked, PCGA, prices increased across the globe, Prices to remain high, sellers and buyers wait for cotton arrivals data, spot spot rates stood unchanged

Dull trading was record at cotton market on Thursday by the Karachi Cotton Exchange. The spot spot rates stood unchanged at Rs6,650/maund (37.324kg) and Rs7,127/40kg.

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

KCE recorded domestic transactions of around 2,500 bales in between Rs6,300/maund to Rs7,000/maund from three stations that included Sultanabad, Punj Moro and Bahawalpur.

Normal trading witnessed at Karachi Cotton Exchange

Related Keywords: amid a decline in production, increase in cotton demand, Karachi cotton exchange, mills going for more buying, Normal trading, spot rate, surge in consumption, Trading at cotton market stable

Trading at cotton market stable with increase in cotton demand as mills are going for more buying, amid a decline in production and surge in consumption.

At the Karachi Cotton Exchange on Tuesday witnessed normal trading with spot rates remaining unchanged.

KCE recorded domestic transactions of around 5,000 bales in between Rs6,700/maund to Rs7,000/maund from six stations that included Fort Abbas, Dharanwala, Maroot, Haroonabad, Hasilpur and Mian Channu.

Dull trading seen at cotton market

Related Keywords: activity remained slow, cotton market on Tuesday, dull trading witnessed, Karachi cotton exchange, spot rates continued to remain unchanged, textile package., waiting the government announcement

Dull trading was witnessed at cotton market on Tuesday by Karachi Cotton Exchange, the spot rates continued to remain unchanged. According to traders, the activity remained slow in the market, waiting the government to announce textile package on Tuesday.

The spot rates stood firm at Rs6,350/ maund (37.324kg) and Rs6,805/40kg while the 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 domestic transactions of around 3,000 bales in between Rs6,150/maund to Rs6,625/maund.

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