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Related Keywords: cotton farmers, Cotton market, cotton prices, huge stock of yarn, Indian cotton as the fibre from India is not standardized, Indian Cotton Federation, quality cotton, spinning sector, Textile scenario, yarn sector

When asked if the present situation would augur well with the cotton farmer as his realisation is not on expected lines, the ICF President said, “there is a global surplus. There are no takers for Indian cotton as the fibre from India is not standardised.” Due to tight financial situation prevailing in the spinning sector and comfortable availability of quality cotton, the prices are expected to remain steady. “The monsoon would be a major deciding factor for cotton prices for the period between June and October 2018.”

Related Keywords: cotton bales, cotton price remained stable, future demand of quality lint, KCA, leading buyers, made deals for all qualities of lint, offered by ginners, quality cotton, remained intact, slightly higher prices, Spinners, spot rate, Trading session at cotton market

During the trading session at cotton market, cotton price remained stable. Leading buyers made deals for all qualities of lint offered by the ginners during the trading session, traders said.

While, spinners remained eager for quality cotton on slightly higher prices during the session while the leading ginners sensing future demand of quality lint offered few stocks on higher prices to the buyers

Related Keywords: amid dwindling cotton stocks, competitive prices, cotton market on Monday. Ginners holding not more than five lakh bales, cotton yarn, higher prices, KCA, next cotton season is more than four months away, quality cotton, Slow trading witnessed, small and medium units, spinner accumulated seasonal cotton needs, spot rate remain unchanged

Slow trading witnessed amid dwindling cotton stocks and higher prices at the cotton market on Monday. Currently, Ginners are holding not more than 500,000 bales. Moreover, the next cotton season is more than four months away.

Many leading spinners have already accumulated their seasonal need of cotton while small and medium sized units are looking for quality cotton at competitive prices.

At the Karachi Cotton Association, its spot rates remained unchanged.

Related Keywords: Cotton market, Cotton prices remained steady, Ginners, Karachi Cotton Association, kept its spot rates unchanged, leading buyers remained on the sidelines, leaving market largely devoid of activity, quality cotton, seed cotton, Spinners

Cotton prices remained steady at cotton market on Tuesday leaving the market largely devoid of activity as leading buyers remained on the sidelines. The Karachi Cotton Association also kept its spot rates unchanged.

However, KCA fixed the official spot rate, or base price, for Grade 3 cotton at 7,127 rupees per maund (40 kg). Grade 3 cotton has a staple length of 1-1/16" and micronaire value between 3.8 and 4.9 NCL (no control limits), which represents fine to coarse classes of cotton varieties.

Related Keywords: cotton bales, Cotton market, firm and steady on Thursday, increased spot rates, Karachi Cotton Association, lack of trade interest, needy spinners, quality cotton, quality cotton in short supply, selective buying, slow arrival of cotton seeds, unannounced ban of cotton import

With selective buying for quality cotton from needy spinners kept cotton market firm and steady on Thursday. The Karachi Cotton Association officially increased spot rates by Rs50, to Rs6,300 per maund (around 37 kilograms).

However, brokers said that phutti prices came down, with Punjab quality being quoted at Rs2,800 to Rs3,500 from Rs3,550 per 40kg. Similarly, the Sindh variety was also lower by Rs50, to Rs3,250 per 40kg.

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.

Related Keywords: absence of buying interest, attending textile fair in Frankfurt, fine yarn, Leading spinners, Pakistan cotton market, quality cotton, raw cotton, trading activity

Trading activities at the cotton market on Tuesday in the absence of buying interest remain slow. There were only a few small lot deals from some mills as most leading spinners are abroad to attend a textile fair in Frankfurt, Germany.

Many spinners participating in the forthcoming textile fair in Frankfurt, Germany, are expecting to get good business. As a result, much of buying remained around quality cotton required to produce fine yarn and high quality made-ups, brokers said.

Related Keywords: China, cotton demand, cotton import quota, global price, quality cotton, quality cotton in Australia, yarn

The decision to keep cotton import quota unchanged at 894,000 tonnes for 2015 by China the world’s largest cotton consumer it is likely that there will still be demand for cotton, even at the 40 percent tariff for non-quota imports. But the market has taken it as a bearish signal that is likely to put further downward pressure on global prices.

The benchmark second-month cotton contract on ICE Futures U.S. ended Dec. 12 at 61.07 U.S. cents a pound, up from the five-year low of 58.53 cents on Nov. 24, but down almost 28 percent since the start of the year.