YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Mix trend to continue in the coming day at cotton market

Related Keywords: 400/maund, 500 bales, 800 to Rs7, around 2, big mills are relying on imports, continue mix trend, Cotton market, ginners are left with smaller quantities, in the coming days, Karachi cotton market, KCE, price of Rs5, recorded four transactions, spot rate

The cotton market will continue mix trend in the coming days, as ginners are left with smaller quantities, while big mills are relying on imports, according to analyst. Karachi cotton market recorded four transactions of around 2,500 bales at a price of Rs5,800 to Rs7,400/maund.

Deals included 1,000 bales of Sanghar at Rs5,800 to Rs6,000/maund, 708 bales of Vehari at Rs6,400, 400 bales of Burewala at Rs6,300 and 200 bales of Shahar Sultan exchanged hands at Rs7,400/maund.

Strong demand for quality lint pushes cotton prices sharply up

Related Keywords: cotton market on Wednesday, fresh buying interest, Karachi cotton market, KCE, market sources, official spot rate stable trend, prices gained momentum, process of modest trading, pushing rates sharply up, spinners to replenish their stocks, spot rate, strong demand for quality lint

The cotton market on Wednesday was in the process of modest trading with strong demand for quality lint pushing the rates sharply up. According to the market sources, prices gained momentum on fresh buying interest by the spinners to replenish their stocks.

The official spot rate after maintaining a stable trend went up by Rs 100 to Rs 7000, dealer said. In Sindh and the Punjab, seed cotton prices were at Rs 2400-3000 while in the ready session, approximately, 5000 bales of cotton changed hands between Rs 7000-7400.

Cotton prices remain firm with better lint remaining in focus

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.

Brisk cotton trading to be witnessed with arrival of new crop in Pakistan

Related Keywords: cotton, Karachi cotton market, new crop, trading activity

Karachi cotton market failed to see any trading activity; in fact officially no deal was recorded. The Karachi Cotton Association (KCA) spot rates also remained unchanged. But it is likely to witness brisk trading activity with the arrival of new crop.

Presently, the Pakistani millers are going through shortage of quality lint as most of the stocks held by ginners are mostly of lower quality from last crop.

Cotton fields have reported that crop in both Sindh and Punjab so far is maturing normally.

Karachi cotton trading witnessing slow move

Related Keywords: cotton trading, Karachi cotton market

Majority of spinning mill-owners stayed out of the cotton markets looking ahead for revival in sales of cotton yarn, due to which the cotton trading at the local market witnessed slow move on Tuesday at Karachi cotton market.

According to the Karachi Cotton Association (KCA) report traders exchange 6,140 bales (155 kilograms each) at Rs5,800 to Rs7,000 per maund as compared to 3,600 bales traded at Rs6,875 to Rs6,900 per maund the previous day

Cotton prices saw an upward trend due to strong demand from spinners and exporters

Related Keywords: cotton industry, cotton prices, Karachi cotton market

The Pakistan cotton prices saw an upward trend on Saturday amid brisk activity as the result of strong demand from leading spinners and some exporters. The prices touched seasonal high at Rs7,250 per maund on strong demand, with many deals entered on conditional basis reaching as high as Rs7,600 per maund.

The Karachi Cotton Association spot rates remained steady at previous level and trading on ready counter was fairly brisk.

Trading activity saw a lift on cotton market

Related Keywords: cotton, Karachi cotton market, Textile Industry, trading activity

After four days of dull and slow trading activity, new and transformed buying interest was observed on the cotton market on Friday with some ginners rushing to set out of their stocks at rising prices.

Many spinners who were keen to replenish their stocks with quality lint readily paid up deals even at higher prices which help generate trading activity.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button