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Related Keywords: despite strong demand from spinners, Ginners demanded higher prices, ginners reluctant to dispose of stocks, influenced by soaring world cotton prices, KCA, prevailing prices, spot rates remained unchanged, Trading activity remained dull at cotton market

Trading activity remained dull at cotton market on Tuesday as ginners were reluctant to dispose of their stocks at prevailing prices, despite strong demand from spinners. Ginners were demanding higher prices influenced by soaring world cotton prices.

However, spinners were unwilling to pay high prices to avoid compromising their competitive edge. The shortage of quality cotton and limited stocks of unsold cotton with ginners also impacted trading.

The Karachi Cotton Association (KCA) spot rates remained unchanged.

Related Keywords: against risk of fluctuations in price, benefiting weak stakeholders., facilitating smooth flow of national and international trading in cotton, help economy by providing a cover, KCA, need to allow cotton hedge trading, Pakistan government, through Karachi Cotton Association

The Pakistan government need to allow cotton hedge trading through Karachi Cotton Association (KCA) as it will help economy by providing a cover against the risk of fluctuations in price, thereby facilitating smooth flow of national and international trading in cotton, said KCA Senior Member Ghulam Rabbani on Sunday.

This system will also increase liquidity prospects besides

Hedge trading is a special segment of trade. The utility of hedge trading in cotton has been re-affirmed by three Cotton Hedge Enquiry Committees set up by the government in 1953, 1965 and 1971.

Related Keywords: amid rising prices, barring a couple of deals, Big spinners slowed down imports, both buyers and sellers, Cotton market, depleting cotton stocks, KCA, keeping trading activity dawdling, market conditions remained dull, Shortage of quality cotton, spot rate remain unchanged, started to affect on trade volume, took to the sidelines

Shortage of quality cotton coupled with depleting cotton stocks have started to affect on trade volume, keeping trading activity dawdling at cotton market on Thursday. Both buyers and sellers took to the sidelines amid rising prices. Barring a couple of deals, the market conditions remained dull.

Big spinners have also reportedly slowed down their imports. On the domestic front, the trading ring gave a deserted look.

Related Keywords: active trading prevailed at KCE, cotton bales, Cotton market, couple of big deals, indicated spinners keen to get maximum stocks from local source, KCA, pushed Cotton prices to a new seasonal record high, replenish their stocks, spot rate remained firm, strong demand, Sustained demand from needy spinners, Tight supply of quality cotton

Sustained demand from needy spinners to replenish their stocks over tight supply of quality cotton and strong demand pushed Cotton prices on Wednesday to a new seasonal record high. There were a couple of big deals which indicated spinners are keen to get maximum stocks from local source.

However, active trading prevailed at the Karachi Cotton Exchange on Wednesday, while spot rates remained firm.

Related Keywords: by hundred rupees per bale, cotton prices, experiencing steady rise, high demand, hike in price, KCA, local textile and spinning mills, low production, Pakistan Cotton Ginners Association, Pakistan cotton market, PCGA, spot rate

Cotton prices experiencing steady rise due to high demand in local textile and spinning mills as well as low production at Pakistan cotton market. Pakistan Cotton Ginners Association (PCGA) announced latest price of cotton on Tuesday was Rs 7,1000 after Rs100 price hike per bale.

Related Keywords: Cotton prices remain firm, ginners reluctant to sell at current rates, KCA, Prices being quoted at around Rs seven thousand per maund, short supply, spot rates were firm at overnight level, steady flow of buying, trading remained around quality cotton, was strong demand for quality cotton

Cotton prices remain firm on Friday with steady flow of buying. Prices were being quoted at around Rs7,000 per maund (around 37 kilograms), brokers said. However, much of the trading remained around quality cotton which was in short supply.

There was strong demand for quality cotton, but spinners were disappointed as ginners were reluctant to sell at current rates.

The KCA’s spot rates were firm at overnight level.

Apart from local dynamics, the domestic market is also tracking an uptrend in leading cotton markets.

Related Keywords: Cotton market, in line with global trend, Indian cotton prices have risen, KCA, leading cotton markets holding high ground, only moving in a narrow frame, prices remaining on the higher side, replenishing their stocks from the local market, small spinners, spot rate were unchanged, trading activity continued fairly brisk

At cotton market trading activity continued fairly brisk with prices remaining on the higher side on Thursday. This was in line with global trend where leading cotton markets are holding high ground and only moving in a narrow frame.

Prices on the New York cotton market remain balanced between a seasonal high of 75 and 77.21 US cents per lb. Similarly, Indian cotton prices have risen to Rs42,000 per candy (356 kilograms) while Chinese cotton prices were on the higher side.

Related Keywords: absence of demand for cotton yarn and fabrics, amid high cotton prices, continued till the end of the session, cotton bales, cotton market on Monday, KCA, little trading interest from the outset, rising import of cotton, Slow trading activity witnessed, spinners booked cotton bales for import, spot rate firm

Slow trading activity witnessed amid high cotton prices and the absence of demand for cotton yarn and fabrics at cotton market on Monday. There was little trading interest from the outset which continued till the end of the session, brokers said.

The Karachi Cotton Association’s spot rates were firm at weekend level.

Rising imports of cotton also slowed down trading on the domestic market. Brokers said that big spinners have already booked 2.2 million cotton bales for imports and have already purchased higher quantity of around 9m bales from domestic market.

Related Keywords: anticipating higher prices, coming days, cotton bales, Cotton prices pushed higher, Deal reported to be conditional, ginners held stocks, improvement in cotton yarn price, KCA, no pick up in trading activity, replenish stock, Spinners, spot rate raised, steady flow of buying orders

Cotton prices pushed higher on Friday with steady flow of buying orders. But no pick up seen in the trading activity as ginners held stocks anticipating higher prices in the coming days. Deal was reported to be conditional.

The Karachi cotton Association raised its spot rates by Rs50, to Rs6,700 per maund on Fri¬day.

Nevertheless, trading was marked by a single big deal of 5,801 bales which was quo¬ted at a high price of Rs7,200 per maund (around 37 kilograms).

Related Keywords: Buyers keen to build up stock, cotton bale, Cotton market, Cotton prices remain firm, equally not ready to pay extra price for lint. sellers knowing about shortage of quality cotton, fully exploit the situation, KCA, spot rate unchanged, strong demand for quality cotton

Cotton prices remain firm with strong demand for quality cotton on Wednesday at cotton market. Buyers were keen to build up stock but they were equally not ready to pay extra price for the lint. Whereas, sellers on their part knowing about the shortage of quality cotton wanted to fully exploit the situation.

Both sellers and buyers tried to turn the situation in their favour. Nevertheless, needy spinners managed to finalize some deals at high rates as they were not ready to take risk due to rising cotton prices in most of the world markets.