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Cotton price remains stable

Related Keywords: bit higher price, buyers made deals for all qualities, buying better grades, domestic buyers, KCA, made selective deals on slightly higher prices, offered by ginners, Pakistan cotton market, prices remained stable, Spinners and mills remained quality conscious, spot rate, trading session

During the trading session at Pakistan cotton market, prices remained stable. Buyers made deals for all qualities offered by the ginners. Deals changed hands at around Rs 6,025 per maund to Rs 7,325 per maund. Domestic buyers were buying better grades on a bit higher price as they bought around 200 bales at Rs 7,250 per maund.

Spinners and mills remained quality conscious and made selective deals on slightly higher prices during the session while the leading sellers sensing future demand of quality lint offered few stocks on higher prices to the buyers.

Cotton market witnessed prices hitting season’s high

Related Keywords: Baloch cotton produced around 5000 bales per year, cotton bales, more or less 200 bales of Baloch cotton sold, official spot rate was higher by Rs 50, Pakistan cotton market, prices hit seasons high, ready session, Sindh seed cotton prices were up

At Pakistan cotton market, prices hit season's high on Wednesday and the official spot rate was higher by Rs 50 to Rs 6500, dealers said. According to dealers more or less 200 bales of Baloch cotton sold at Rs 7000, Baloch cotton produced around 5000 bales per year.

In Sindh seed cotton prices were up by Rs 100 to Rs 2800-3300, in the Punjab rates were at Rs 2900-3400, as per 40 kg. Besides, in the ready session, over 25,000 bales of cotton changed hands between Rs 5600-6800.

Cotton market opened dreary as buyer and sellers stayed away

Related Keywords: cotton picking activity at halt, cotton producing districts, Karachi Cotton Association, mark Ashura, monotonous as buyers and sellers stayed away, Pakistan cotton market, phutti, prices under pressure, Punjab variety, seed cotton, Sindh quality, slackness in cotton demand, Spinners, spot rate

The cotton market on Monday began monotonous as buyers and sellers stayed away. Due to slackness in cotton demand, phutti (seed cotton) prices also remained under pressure and were quoted between Rs2,800-3,000 per 40kg for Sindh quality and Rs2,800-3,050 per 40kg for Punjab variety.

Ginner were holding onto stocks from earlier on since cotton picking activity came to a complete halt over the weekend to mark Ashura. According to a leading cotton broker, it will be a couple of days before trading normalises.

Renwed buying witnessed at cotton market but at the lower level

Related Keywords: but at the lower level, cotton bales, Karachi Cotton Association, left spot rates unchanged, market still remained devoid of much needed trading activity, Pakistan cotton market, recovers part of recent losses, Renewed buying interest

Pakistan cotton market recovers part of the recent losses with renewed buying interest on Wednesday but at the lower level. However, the market still remained devoid of much-needed trading activity.

Cotton prices after touching a peak level came under correction on profit-selling but now once again started bouncing back on renewed buying interest, brokers said.

Sluggish off-take of cotton yarn and textile products are dampening sentiment but some needy spinners rushed to replenish their stocks to meet their immediate needs.

Cotton prices experiencing steady rise

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.

Renewed buying interest seen at cotton market as prices low

Related Keywords: attracted many small spinners, Karachi Cotton Association, Low cotton prices, meet their day to day demand, Pakistan cotton market, result renewed buying interest, spot rates unchanged, who mostly depend on short covering

Low cotton prices attracted many small spinners who mostly depend on short covering to meet their day to day demand. As a result renewed buying interest was seen on Tuesday at the Pakistan cotton market.

Phutti (seed cotton) prices also came down and were being quoted in the range of 3,300 to 3,350 per 40 kilograms. However, reports from cotton fields suggested that very little phutti has left for picking.

Brokers said that leading spinners are currently preoccupied in payments against their imports and were conspicuous by their absence.

Slow trading on cotton market as spinner kept away from trading ring

Related Keywords: against interest of the industrys, conditional imports of cotton from India, cut in spot rate, issue of import of Indian cotton, KCA, keeping away from trading ring, kept trading activity slow, Pakistan cotton market, reducing buying activity, remain unresolved, Spinners

Big spinners reducing their buying activity by keeping away from the trading ring as the issue of import of Indian cotton remain unresolved. There is a strong perception among spinners that the current situation of conditional imports of cotton from India is against the interest of the industry. This kept trading activity slow at cotton market on Saturday.

Cotton market saw firmness in prices on moderate trade

Related Keywords: buyers remained in forefront, buying spree, continue to remain firm, cotton bales, cotton prices, moderate trade, official spot rate remained unmoved, Pakistan cotton market, reload stock, seed cotton prices, Spinners

Cotton prices at Pakistan cotton market continue to remain firm on moderate trade on Friday as buyers remained in the forefront of buying spree to reload their stock, according to dealers. The official spot rate remained unmoved at Rs 6300.

In Sindh, seed cotton prices were at Rs 2600-3300, while in Punjab, phutti rates were at Rs 2800 and Rs 3550, as per 40 kg, dealers added.

Rising demand for quality cotton pushes prices higher

Related Keywords: buying spree, cotton bales, cotton imports from India, cotton yarn, exporters, KCA, Leading spinners, Pakistan cotton market, phyto sanitary certification, pushing prices higher, rising demand for quality cotton, spot rate rise, Textile Industry, trading activity

Trading activity at Pakistan cotton market witnessed rising demand for quality cotton pushing prices higher on Thursday where leading spinners and some exporters remained in the front of buying spree.

The Karachi Cotton Association’s spot rates saw rise by Rs50, to Rs6,300 per maund (around 37 kilograms).

Buyer remain under panic due to confusion over cotton imports from India and indirect ban based on reports that Indian cotton shipments failed to fulfil phyto-sanitary certification, threatening the $822 million-a-year trade.

Cotton price remain higher despite buying drive to build stocks by spinners

Related Keywords: accumulate maximum stock, bullish, cheap Indian yarn, cotton imports from India, cotton prices remained higher, cotton yarn imports, gain momentum, Leading spinners, Pakistan cotton market, quality cotton, remove indirect ban, striking big lot deals, trading activity

Trading activity at Pakistan cotton market remained bullish with leading spinners indulged in striking big-lot deals to accumulate maximum stock of quality cotton which was still available in abundance though first picking is about to come to an end. As a result, cotton prices remained higher, brokers said.

Buyers were not ready to give up their buying drive in order to build up their stocks, although there were rumors in the trading ring that the government may remove indirect ban on cotton imports from India.

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