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Pakistan cotton market with pick up in seedcotton arrival to resume normal pace

Related Keywords: decline in arrivals of seed cotton, Domestic textile activity, gain speed, ginning factories, kapas, Pakistan cotton crop, Pakistan Cotton Ginners Association, Pakistan cotton market, ready cotton business, seedcotton price, stable and steady condition, yarn price

Cotton market in Pakistan witnessed stable and steady condition over decline reported in the arrivals of seedcotton (Kapas /Phutti) into the ginning factories over the last week or ten days. However, early next week, with the pick up of seedcotton arrivals, market to resume normal pace due to which both in Sindh and Punjab the ginning operation will also gain speed, as per traders.

Extended public holiday has reduced fresh enquiries for cotton from mills

Related Keywords: APTMA, cotton trading activity remain closed, extended public holiday, fresh cotton enquiries dampened, gradually declined, new cotton bales, no transportation, occassion of Eid ul Fitr, Pakistan government, ready cotton business, to carry cotton from ginneries, to textile mills

The Pakistan government on the occasion of Eid-ul-Fitr announced that public holiday has been extended from 17 July, 2015 to 21 July, 2015 as a result business activity has mostly ceased as the various markets will remain closed for five days. Moreover, there will also be no trucks and transportation plying on the roads to haul any cotton from the ginneries to the textile mills in various parts of the country.

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