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Related Keywords: cotton bales, Cotton growers, Cotton market, cotton rates firm, official spot rate remained unchanged, phutti rates, Restricted buying by mills and spinners, seed cotton prices unmoved

In the process of restricted buying by mills and spinners, cotton rates were firm at the cotton market on Friday, as per dealers. The official spot rate remained unchanged at Rs 6300. In Sindh, seed cotton prices were unmoved at Rs 2800-3350 while in Punjab, phutti rates held the overnight levels at Rs 2800 and Rs 3550, as per 40 kg.

Related Keywords: by rupees fifty seed cotton prices, cotton bales, Cotton market, cotton prices, gain momentum, import of cotton, official spot rate moved higher, phutti rates, process of modest trade activity, Spinners

Cotton prices gain momentum at the cotton market in the process of modest trade activity on Wednesday. The official spot rate moved higher by Rs 50 at Rs 6300, dealers said. In Sindh, seed cotton prices were at Rs 2600-3250 while, in Punjab, phutti rates were at Rs 2800 and Rs 3500, as per 40 kg.

Cotton analyst, Naseem Usman said that nothing is new except sharp rise in the international market, influenced the rates of cotton in the domestic market.

Related Keywords: ginners anticipating better profit, in line with the international track, in the process of trading activity, official spot rate remained unchanged, on the cotton market, phutti rates, Prices moved up, seed cotton prices, steady flow of buying from spinners

Prices moved up on the cotton market on Saturday in the process of trading activity in line with the international track, dealers said. In Sindh, seed cotton prices were at Rs 2600-3250, while in Punjab, phutti rates were at Rs 2800 and Rs 3500, as per 40 kg. However, the official spot rate remained unchanged at Rs 6250.

Related Keywords: APTMA, boost textile export, China demand, cotton farmers, foreign market, lower cotton acreage, Pakistan textile industry, phutti rates, revival in yarn

The revival in yarn demand from China is a good omen for the Pakistan textile industry giving a boost to textile exports. The resurge in yarn demand has come as a sign of relief for the exporters who were worried over the waning global demand during the past one year, according to Seth Akber, senior vice chairman of All Pakistan Textile Mills Association (Aptma).