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Related Keywords: Cotton market, ginners holding less than 0.6 million bales, higher price, KCA, KCE, meet seasonal requirements, most deals were finalised at higher rates, needy spinners, over sustained demand, Prices up, quality lint, Spinners booked some lower grade cotton, spot rate

Prices up over sustained demand for quality lint from needy spinners to meet their seasonal requirements at cotton market on Monday. Most of the deals were finalised at higher rates. Spinners striving to cover up their positions also booked some lower grade cotton at higher price. The ginners are holding less than 0.6 million bales, brokers said.

Fast depleting stocks held by ginners and shortage of quality lots continue to panic small spinners. Fear of delay in arrival of next crop due to water shortage in lower Sindh was also a matter of great concern for the textile industry.

Related Keywords: 7 lakh cotton bales, anticipating rise in price, Cotton market, cotton prices scales, fast dwindling stock, Ginners, holding back stock, KCA, quality lint, ready market rates, rising demand, seasons new peak, spot rate, trading activity remain moderate

At the cotton market in the backdrop of fast dwindling stocks of quality lint amid rising demand, cotton prices scales to season’s new peak of Rs7,800 per maund on Friday. On the other end, ginners were holding back their stocks anticipating further rise in prices due to which trading activity remained moderate.

However, a big deal of 10,300 bales from Khanpur was finalised between a ginner and spinner at season’s high Rs7,800 per maund late in the evening. Another deal of 400 bales from Dherki was done at Rs7,700 per maund.

Related Keywords: Aggressive buying, Cotton market, domestic and world market, keep spinners active, keeping trading activity brisk, quality lint, rising demand for cotton yarn, rush due to latest cotton production figures, seed cotton, Spinners, Spinners purchased much more this season, sudden dip in phutti arrival of phutti

Aggressive buying of quality lint by spinners was witnessed at cotton market on Friday keeping trading activity brisk. A broker said that the rush could be due to the latest cotton production figures which have shown a sudden dip in phutti arrival of phutti (seed cotton).

Apparently, spinners are not willing to take any risks and readily entered into deals even at higher rates. A salient feature of cotton trading was that most deals were of good quality, big lots.

Related Keywords: buyers made forward deals, consolidated their long positions, cotton bales, focus remained on fine lint, ginning units, Karachi Cotton Association, Mills, monthe period, Pakistan lint market, quality lint, range bound trading activity, slightly higher prices, spot rate, textile group, trading session, unchanged

At the lint market focus remained on fine lint keep trading activity range-bound, and the Karachi Cotton Association (KCA) spot rate remained unchanged at Rs5,3000 per maund. During the trading session, buyers made forward deals for quality lint for a month period on slightly higher prices at around Rs 5,650 per maund, said floor brokers. Around 300 bales changed hands.

Related Keywords: buyers making deals, Cotton market, domestic market, growing demand of cloth and yarn, KCA, moderate trading activity, Punjab ginners, quality lint, Sindh ginners, slightly higher prices, spot rate, trading session

Cotton market on Wednesday witnessed moderate trading activity with buyers making deals for quality lint on slightly higher prices at around Rs 5,375 per maund during the trading session. Roughly1000 bales changed hands. In domestic market, buyers would remain eye on quality lint on the back of growing demand of cloth and yarn.

Related Keywords: cotton prices on rise, delay in arrival of next crop, due to late sowing, KCA. spot rate, over dwindling cotton socks, Pakistan textile industry, presently in distress, quality lint

The Pakistan textile industry as a whole is presently in distress over dwindling cotton stocks and expected delay in the arrival of next crop due to late sowing of new crop (2015-16), according to brokers.

Continual demand for quality lint and running down with cotton stocks in the country pushed the cotton prices up on Thursday.

Ginners on the other hand are in no hurry to dispose of their stocks in anticipation of getting even higher prices. They entertained only those bids which had been called at higher rates.

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