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Related Keywords: Cotton growers, cotton seed, fine grade demand, KCA, Pakistan cotton market, physical prices on firm footing, second grade cotton, spot rate, Trading week

During trading week, fine grade demand combined with buyers’ eagerness for fine and second grade cotton for blending purposes kept physical prices on firm footings. During trading activities sellers demanded slightly higher prices for better grades under slower than expected influx of cottonseed in the ginneries during past week, traders said.

Related Keywords: cotton prices, delay in arrival of next crop, dwindling cotton stocks, KCA, Pakistan cotton market, quality lint running short, remain on higher side, Slow trading on cotton market, spinning sector, spot rate

Slow trading was witnessed on Friday on cotton market as cotton prices continued to remain on the higher side with dwindling cotton stocks and spinners kept looking for quality lint which is running in short supply.

The Karachi Cotton Association (KCA) left its spot rates unchanged.

The textile industry, particularly the spinning sector expressed concern over the long delay in the arrival of next crop and falling cotton stock.

Related Keywords: cotton prices moving higher, deprive the industry of raw material, fast dwindling stock, KCA, Pakistan cotton market, spinner unable to get quality lint, spot rate, touch new high level, world cotton market

Cotton prices moving further higher to touch a new high level on Thursday due to fast dwindling cotton stocks in the Pakistan cotton market. Many needy spinners continued to look for quality lint, but mostly disappointed.

The textile industry is not only expressing concern over the rapidly falling cotton stocks but also for many export-oriented spinning units who have to meet their foreign commitments are unable to get quality lint.

The fear of long delay in the arrival of next crop, which will not reach ginneries before the end of July, is being feared by textile industry.

Related Keywords: Cotton market, Cotton price surged, creating panic buying, dwindling stock with ginners, KCA, needy spinners, spot rate, strong demand from spinners

Strong demand from spinners provoked by dwindling stock with ginners for the current season crop are creating panic buying from needy spinners who are eager to replenish their stock due to which cotton prices has surged.

Floor brokers said that strong demand for quality lint pushed prices to new record high on ready counter with highest quoted prices going up to Rs5450 per maund.

However, the Karachi Cotton Association (KCA) spot rates remained unchanged at previous level.

Related Keywords: availability of limited working capital, continued making need based buying, cotton price, KCA, maintain stabilility, medium size textile mills, Pakistan cotton makret

With cotton price maintaining stability, many medium-size textile mills continued to make need-based buying on day-to-day basis due to availability of limited working capital with them, a dealer said on Saturday.

In the local markets, trade turnover of cotton remained moderate at 5,900 bales (of 155 kilogram each).

Majority of the trade deals were made for a few hundred cotton bales across the country, said a broker at Karachi Cotton Exchange.

Related Keywords: cotton bales, current stocks of cotton, increase in cotton prices, KCA, Pakistan cotton market, short supply and strong demand, spot rate revised, sufficient to meet textile industry demand

Increase in cotton prices was witnessed on Wednesday due to short supply and strong demand from spinners. According to market estimates, the current stocks of cotton in Pakistan are sufficient only to meet textile industry’s demand till end-April.

The delay in sowing of next cotton crop (2015-16) is also creating panic among spinners who will have to wait for another four to five months to get stocks from new crop.

Related Keywords: Cotton market, cotton season, higher consumption of cotton, KCA, qaulity lint, spinners worry over

The higher consumption of cotton this season by the textile industry has left reduced stocks of cotton with ginners which is also worrying spinners who have yet to see the season through.

On Tuesday at the cotton market, as quality lint remained in short supply against higher consumption, the cotton prices move upwards. But,the Karachi Cotton Association (KCA) kept its official rates fixed at Rs5,000 per maund.

The cotton analysts failed to understand as to why the KCA left its rates unchanged despite substantial increase in prices on ready deals.

Related Keywords: busy dealing in fine lint grades, cotton bales, ginning units, KCA, load shedding, majoirty buyers, Pakistan cotton market, power outages, production capacity, spot rate, Textile

Majority of buyers remained busy dealing in fine lint grades as trading remained range bound in cotton market. They made deals for immediate use and fine grades sellers were in driving seat due to paucity of stuff while KCA remained busy taking steps to provide maximum benefit to the weak stakeholders to capitalize maximum on their stuff, floor brokers said on Thursday.

Related Keywords: delay in arrival of next crop, higher consumption of cotton, KCA, ongoing spell of rain and cold weather, Pakistan cotton market, pressure on lint prices, rising cotton prices, spinners continued building stocks, Textile Industry, world cotton market, World cotton price

Despite rising cotton prices on Tuesday, spinners continued to build up their stocks fearing delay in arrival of next crop. The next cotton crop is likely to be late by three to four days, as a result of the ongoing spell of rain in Punjab and cold weather in Sindh.

The higher consumption of cotton by the textile industry is also putting pressure on lint prices which have moved to a seasonal high of Rs5,250 per maund. However, shortage of quality lint is another major factor which has pushed prices up.

The Karachi Cotton Association (KCA) left its spot rates unchanged.

Related Keywords: cotton activity, cotton prices, domestic market, ease liquidity crunch, falling trend, ginner off load stocks, KCA, Pakistan cotton market, spot rate, under pressure, world cotton market

Pakistan cotton activity failed to pick up pace as cotton prices came under pressure on Thursday as ginners rushed to off-load their stocks in an attempt to ease their liquidity crunch and the falling trend in the world cotton markets including those of New York and India, is another factor affecting price in the domestic market.

Floor brokers said that from the outset there was selling pressure which pushed premium quality and lower grade cotton prices down between Rs50 and Rs100 per maund on ready deals. Phutti (seed cotton) prices also declined as a result.