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Related Keywords: cotton seed price, lint cotton, official spot rate, Pakistan cotton market, price remain stable, remain unchanged, shortage of lint cotton, showing fresh buying interest, spinners and mills

With spinners and mills showing fresh buying interest of lint cotton helped to keep the rates stable in the cotton market while the official spot rate also remained unchanged at Rs 5,300, dealers said.

In Sindh, seed cotton prices were at Rs 2200-2400, and in Punjab prices were at Rs 2400 and Rs 2900.

In the ready business, nearly 5000 bales finalized between Rs 4600-5500.

Related Keywords: considering cost of production, cotton grower not given any subsidty, current season, delay from government, fix minimum guaranteed price of cotton, have negative impact on growers, Indian model of cotton procurement, lint cotton, National Assembly Standing Committee on Textile Industry, on cotton intervention price, seed cotton

The sub-committee of National Assembly Standing Committee on Textile Industry had recommended fixing the minimum guaranteed price of cotton at Rs 2700 per 40 kg for the financial year 2015-16 after considering the cost of production. Delay from government to decide on cotton intervention price for the current season is likely to leave growers without due benefits. As Cotton growers in Pakistan are not given any subsidy, they have to compete with the prices of subsidized cotton.

Related Keywords: cotton contract, decline in daily intake, delay in new crop, depleting stock, drop in volume of business, ginners preffered to wait on sideline, ICE cotton future, lint cotton, official spot rate unchanged, Pakistan cotton market, seed cotton, Spinners

As Ginners preferred to wait on sidelines due to depleted stock and delay in new crop, volume of business dropped on the cotton market on Saturday. According to dealers, the official spot rate remained unchanged at Rs 5450. In the ready session, approximately, 2000 bales between price range Rs 3750-5550 changed hands. Seed cotton rates in Sindh also stayed unchanged at Rs 2000-2600 while in Punjab prices registered at Rs 2400-3100

Related Keywords: cotton production, falling cotton stock, ginners raise rates, lint cotton, Pakistan cotton market, seed cotton rate, Spinners, spot rate

Falling stock of cotton made the Pakistan cotton market mind-numbing as the ginners raised rates as a consequence of the dearth. According to sources, the official spot rate was unchanged at Rs 5450, dealers said. In the ready session, only 2000 bales changed hands between Rs 4350-5700Seed cotton rates in Sindh were unchanged at Rs 2000-2600 and in Punjab prices registered at Rs 2400-3100.

Related Keywords: cotton prices, cut in Chinese import quota, Karachi Cotton Association, lint cotton, Pakistan cotton market, phutti arrival, slow demand for cotton yarn, Spinners, world cotton markets

Higher arrivals of phutti (seed cotton) coupled with slow demand for cotton yarn kept spinners to the sidelines. While prices moved lower on the cotton market yesterday in Pakistan.

Lint prices are coming under more pressure with phutti arrivals gaining momentum with each passing day. On ready trading prices dropped by Rs150 to Rs200 per maund, brokers said.

Related Keywords: Carrathool cotton growers, cotton gin, cotton grower, Griffith, lint cotton, service cotton farms

A co-operative of local cotton growers have got green signal from the Murrumbidgee Shire Council to build a $24 million cotton gin. It has been given permission to produce 150,000 bales of lint cotton.

The state-of-the-art facility will be capable of producing 60 bales per hour and have the capacity to boost its output to 100 bales per hour if demand increases, putting it on par with the two biggest gins in Australia.