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Related Keywords: commodity prices, cotton, cotton crop, cotton markets, cotton prices, ginneries, phutti, yield

The world leading cotton markets gave mixed trend with New York cotton closing steady and Chinese cotton moved lower. The following deals were reported to have changed hands on ready counter: 4,000 bales, station Tando Adam, at Rs 8,900 to Rs 9,200;1,000 bales, Hyderabad, at Rs 9,000 to 9100; 1,600 bales, Sanghar, at Rs 8,900 to Rs 9,100; 2,000 bales, Shahdadpur, at Rs8,950 to Rs9,200; 1,000 bales, Kotri, at Rs8,900 to Rs9,100; 200 bales, Haroonabad, at Rs 8,900; 200 bales, Burewala, at Rs 8,900; 200 bales, Jhang, at Rs 8,950; and 200 bales, Chichawatni, at Rs 8,950.

Related Keywords: cotton bales, cotton prices on Tuesday, Ginners, KCA, panic buying, phutti, quality issues continue to haunt, quality lint from buyers, remaining high, Rising trend seen, seed cotton arrivals, Spinners, spot rate, Textile Industry

Rising trend seen in cotton prices on Tuesday with panic buying for quality lint from buyers. With Phutti (seed-cotton) arrivals remaining high, quality issues continue to haunt the textile industry.

Growers have been raising phutti prices against which ginners were forced to increase cotton prices. On ready deals, prices moved higher to Rs6,500 per maund. Resultantly, official rates were also adjusted upward.

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.

Related Keywords: adjusted downward, adversely affected by slow arrivals, closed easy in line with global trend, cotton bales, Cotton market, cotton trading, crisis-ridden textile industry, Karachi Cotton Association, lacked buying interest, new cotton crop, no hurry to build up stock, phutti, seed cotton, spot rate

Cotton trading on Monday lacked buying interest and closed easy in line with the global trend. Cotton market was adversely affected by slow arrivals of phutti (seed cotton).

Moreover, a crisis-ridden textile industry is cautious and seems to be in no hurry to build up stock from the new cotton crop, they maintained.

Recent rains across the country also hampered cotton picking both in Sindh and Punjab which restricted the availability of cotton.

Related Keywords: cotton bales until mid March, cottonseed, ginning process, increased nine point ninety nine percen, over the same period last year, Pakistan Cotton Ginners Association, Pakistan cotton production, phutti, Textile mills

Pakistan’s cotton production has increased 9.99 percent reached 10.722 million bales until March 15, 2017, over the same period last year. According to report from Pakistan Cotton Ginners Association (PCGA), out of the total arrivals, cottonseed (Phutti) to the tune of 10,722,328 bales has undergone the ginning process.

Arrivals in Punjab ginneries were recorded at 6.9 million or 6,935,370 bales, growing by 15.92 percent compared to the corresponding period last year.

Related Keywords: cotton production, entire plantation season, favourable weather, higher cotton production, limited stock, meet industry demand, Pakistan Cotton Ginners Association, phutti, seed cotton report, this season in Pakistan, witnessed growth

This season cotton production of Pakistan has witnessed growth by 11 percent to 14.871 million bales compared to 13.391m bales a year earlier. Punjab produced 10.896m bales, showing a rise of 13.14pc over 9.631m bales last season, according to Pakistan Cotton Ginners Association’s (PCGA) final phutti (seed cotton) report for the current season.

But Sindh recorded a growth of only 5.7pc in cotton production at 3.974m bales as against 3.76m bales produced last season (2013-14).

Related Keywords: fair trading activity, Ginners, lint prices, Pakistan cotton market, phutti, slump in cotton yarn market, spinner exporter, TCP, world market

The cotton market in Pakistan on Tuesday witnessed fair trading activity on Tuesday. According to floor brokers, slump in cotton yarn market coupled with falling trend in world markets is keeping pre¬ssure on lint prices.

Other major factors affecting cotton prices are higher arrivals of phutti (seed cotton) but slow off-take of cotton from spinners and exporters.

Related Keywords: cotton farmers, Cotton market, cotton prices, international cotton price, Pakistan Cotton Ginners Association, Pakistan cotton industry, phutti, price stability, Sindh region

Pakistan cotton prices ranged between Rs2,600 to Rs2,800 only for a brief period last month in lower Sindh region due to early picking and peaked at Rs3,200. After that the cotton prices continued to decline in Sindh while the picking of the crop would end latest by early next month.

Farmers get Rs2,400 per 40kg whether they sell phutti to middlemen or ginners directly. A major chunk of crop has been sold, and by mid October the remainder will be cleared by peasants in upper Sindh region which witnesses late sowing.

Related Keywords: China, cotton bale, cotton export, Cotton market, frenetic trading, India, Pakistan cotton grower, Pakistan cotton industry ICE futures, phutti, seed cotton

Pakistan cotton growers and ginners once again faced frenetic trading on the cotton market on Wednesday and looked a bit upset due to strong supply of seed cotton.

According to cotton analyst, the growers and ginners had hoarded phutti in expectations of increase in profit amid tight supply but now phutti arrivals improved significantly, this is factor, which is inducing them to sell huge stock below the expected level.

Related Keywords: cotton price, cotton yarn, Pakistan cotton market, phutti, Spinners, Trading on ready counter, world market, yarn

Cotton prices in the local Pakistan market continued to remain under pressure on Monday because of slowdown in demand for yarn in line with the trend in world market.
 
Most of the cotton growing countries are expected to harvest bumper cotton crop this season are also keeping prices under pressure.

Besides, slow demand for cotton yarn in the domestic and world markets is also affecting rates.