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Related Keywords: 100 per maund, become costlier, Buyers are rushing, Buyers initially seen chasing limited quantity of quality cotton, cotton bales, Cotton market, get hold of maximum lint quantity, lint imports, once again pushed cotton prices, realizing developing scenario, regardless of its quality, rupee devaluation, seasonal peak of Rs7, seed cotton

Buyers initially seen chasing limited quantity of quality cotton realizing that under the developing scenario lint imports after rupee devaluation will become costlier. Buyers are rushing to get hold of maximum lint quantity, regardless of its quality at the cotton market on Tuesday which once again pushed cotton prices to a seasonal peak of Rs7,100 per maund.

The buyers were also not optimistic about imports of cotton from India since a large-scale pest attack has drastically slashed the crop size.

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: 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: cotton bales, Cotton market, expands on Wednesday, improve the supply of quality lint, increasing flow of phutti, KCA, KCE, kept prices steady, seed cotton, short supply against higher demand, spot rate remain unchanged, trading activity

Trading activity on the cotton market expands on Wednesday with increasing flow of phutti (seed cotton) which will also improve the supply of quality lint. However, short supply against higher demand kept prices steady.

Phutti arrivals from Sindh continue to be higher due to early maturing of crop, therefore much of trading was noted in this variety.However, supplies from Punjab were also improving.

Related Keywords: cotton bales, ginneries, Karachi Cotton Association, Karachi cotton exchange, on Monday at cotton market, prices remaining firm, seed cotton, slow flow of phutti, Slow to moderate trading witnessed, slow trading was recorded, spot rate remained steady, sustained demand from spinners

Slow to moderate trading was witnessed on Monday at the cotton market with prices remaining firm. Though there was sustained demand from spinners for cotton but slow flow of phutti (seed cotton) from fields into ginneries restricted activity.

The new spell of rain expected from next week concerns cotton trade as it may affect the crop in its current growing stage, brokers said.

However, so far the cotton crop is remained safe and sowing also went smoothly on slightly larger area thus strongly indicating that crop size would be larger than last year.

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 brokers, Cotton market, due to a ban previously imposed by the government of Punjab, Due to shortage of phutti, early cotton sowing, lack of buying interest from spinners, last year stock almost exhausted, phutti was arriving in the market, seed cotton, small quantities, Trading activity slowed down

Due to shortage of phutti (seed cotton) and lack of buying interest from spinners, trading activity slowed down on Monday at cotton market. Cotton brokers said that phutti was arriving in the market in small quantities due to a ban previously imposed by the government of Punjab on early cotton sowing. Moreover, last year’s stock has almost exhausted.

Cotton picking was ongoing only in Pakistan, which was why cotton brokers from other countries were cautious about making new deals. However, a jump in cotton prices was expected before Eidul Fitr.

Related Keywords: Cotton brokers, Cotton market, due to a ban previously imposed by the government of Punjab, Due to shortage of phutti, early cotton sowing, lack of buying interest from spinners, last year stock almost exhausted, phutti was arriving in the market, seed cotton, small quantities, Trading activity slowed down

Due to shortage of phutti (seed cotton) and lack of buying interest from spinners, trading activity slowed down on Monday at cotton market. Cotton brokers said that phutti was arriving in the market in small quantities due to a ban previously imposed by the government of Punjab on early cotton sowing. Moreover, last year’s stock has almost exhausted.

Cotton picking was ongoing only in Pakistan, which was why cotton brokers from other countries were cautious about making new deals. However, a jump in cotton prices was expected before Eidul Fitr.

Related Keywords: cotton bales, Cotton market, dull trading activity witness, Karachi Cotton Association, kept themselves from away, seed cotton, Spinners, spot rate unchanged

As spinners at cotton market kept themselves from away, dull trading activity was witness on Thursday. Deals of as many as 2,700 maunds of phutti (seed cotton) took place in Umer Kot at Rs3,625, Kunri at Rs3,575, Degree at Rs3,550, Mirpur Khas at Rs3,525 and Badin at Rs3,600.

Major deals that changed hands on the ready counter were: 400 bales from Rahim Yar Khan at Rs7,000, 200 bales from Vehari at Rs6,875 and 200 bales from Mirpur Khas at Rs7,000 (new crop).

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.