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Related Keywords: business remained passive, cotton bales, due to long week end, leading buyers kept sidelines, official spot rate, Pakistan cotton market, ready business, seed cotton prices

Due to long week-end on account of Eid-ul-Azha holidays, business remained passive on the cotton market on Tuesday, dealers said. Leading buyers kept on the sidelines. In the ready business, around 8,000 bales of cotton changed hands between Rs 4750 and Rs 4900.

In Sindh, seed cotton prices recovered overnight gains, rising by Rs 50 to Rs 2350 and Rs 2450 and in Punjab prices were at Rs 2300 and Rs 2450. While the official spot rate maintained overnight level at Rs 4,700, dealers said.

Related Keywords: cotton bales, fresh buying of cotton, official spot rate, Pakistan cotton market, rise in price of fine quality cotton, seed cotton prices, surging demand by mills and spinners

Pakistan cotton market with surging demand by mills and spinners on Wednesday witnessed prices of fine quality moving up. The official spot rate was also up by Rs 50 to Rs 4,600, dealers said. Seed cotton prices in Sindh were at Rs 2400 and Rs 2450 and in Punjab rates were at Rs 2300 and Rs 2450.

In the ready business, around 20,000 bales of cotton changed hands between Rs 4650 and Rs 4750.

According to market viewers, mills and spinners indulged in fresh buying of cotton to cover their short-term needs.

Related Keywords: cotton bales, forward buying, mills and spinners busy, official spot rate, Pakistan cotton market, price of lint quality, price remain firm, Punjab, seed cotton price in Sindhi

With both mills and spinners busy in the forward buying, prices showed firmness on the cotton market on Monday, dealers said. The official spot rate maintained week-end levels at Rs 4,600, while seed cotton prices in Sindh were at Rs 2300 and Rs 2450 and in Punjab rates were at Rs 2200 and Rs 2350.

In the ready business, around 17,000 bales of cotton changed hands between Rs 4625 and Rs 4700, dealers said.

Related Keywords: cotton bale, due to quality factor, Ginners, major buyers on sidelines, mills and spinners, official spot rate, Pakistan cotton market, seed cotton price, trading activity moderate

As major buyers were on the sidelines due to quality factor, trading activity remained moderate on the cotton market on Tuesday, dealers said.
Seed cotton prices in Sindh were at Rs 2300-2350 and in Punjab rates were at Rs 2350 and Rs 2450. In the ready business, around, 3000 bales of cotton changed hands between Rs 4700 and Rs 5000. However, the official spot rate remained unchanged at Rs 4700.

According to analysts, some needy mills and spinners took part in fresh buying of seed cotton while ginners preferred to sell to meet their financial problems.

Related Keywords: GIDC, official spot rate, Pakistan cotton market, remained unchanged, seed cotton price, spinners buying cotton, trading activity improved, unsold stock

Trading activity on the cotton market on Saturday witnessed improvement as needy spinners indulged in buying cotton to meet their needs. The official spot rate remained unchanged at Rs 5450, dealers said.

In the ready session, over 5000 bales of cotton changed hands between Rs 5400 and Rs 5650, they said. Seed cotton prices in Sindh were at Rs 2600-2700 and in Punjab rates were at Rs 2800 and Rs 2900, they said.

Related Keywords: cotton stock, export cotton bales, leading mills, less buying interest, modest trading, official spot rate, Pakistan cotton market, prices maintained firmness, reduced interest rate, remained unmoved, seed cotton prices, State Bank of Pakistan

In the process of modest trading, dealers said that prices maintained firmness on the cotton market on Saturday. Some leading mills were on the sidelines owing to less buying interest as per market sources. The prices of seed cotton in Sindh were at Rs 2100-2700 and in Punjab at Rs 2500-3100. The official spot rate remained unmoved at Rs 5500

Experts attributed the fall in activity to larger stock with the leading buyers as they had bought major stock than their needs, so some exporters selling their cotton stock to needy mills.

Related Keywords: cotton bales, official spot rate, Pakistan cotton market, quality lint, selective buying witnessed, Spinners

Pakistan cotton market witnessed selective buying again on Friday amid tight supply of quality lint. Only needy buyers were seen covering their immediate requirement.

In the ready session, around 7,000 bales of cotton changed hands between Rs 4400 and Rs 5200. The prices of seed cotton in Sindh were at Rs 1900 and Rs 2350 and in Punjab rates were at Rs 2000 and Rs 2650. While, the official spot rate remained unchanged at Rs 5000

Related Keywords: Cotton market, cotton price, fine quality, lowering price, official spot rate, Pakistan cotton market, Pakistani ginners, seed cotton rates, surplus cotton, trading activity, yarn price

With Pakistani ginners not lowering prices of fine quality and the official spot rate remaining unchanged at Rs 4,850, no visible change was seen in the present outlook on the cotton market on Thursday.

Trading activity came down as ginners were not ready to oblige the mills because rates offered by mills were not matching with their psychological levels. Cotton analyst, Naseem Usman said that overall sluggish trend in the world market is also an adding factor behind the falling business.