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Drop in cotton prices witnessed

Related Keywords: China, conditional import of cotton from India, cotton prices dropped, declining trend in global market, forced buyers to keep on the sidelines, KCA, Process of modest trading activity, seed cotton price, short supply, spot rate lower

In the process of modest trading activity, cotton prices dropped on Tuesday. According to the market sources, conditional import of cotton from India and declining trend in the global market, particularly in China forced buyers to keep on the sidelines. The official spot rate was lower by Rs 50 to Rs 6250.

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, dealers said.

Cotton market witnessed improved trading activity

Related Keywords: cotton bales, Cotton market in Pakistan, due to renewed buying, official spot rate remained still, phutti rates. ready session, replenish their stock, seed cotton price, spinners seen indulged in fresh buying, witnessed improved trading activity

Cotton market in Pakistan witnessed improved trading activity due to renewed buying on Tuesday, dealers said. The official spot rate remained still at Rs 6250. As per the market sources, the spinners were seen indulged in fresh buying to replenish their stock.

In Sindh, seed cotton prices were at Rs 2600-3300, while in Punjab, phutti rates remained at Rs 2800 and Rs 3550, as per 40 kg, dealers added.

According to cotton analyst, Naseem Usman, prices of quality lint may maintain stable in the near future.

Prices failed to maintain rising trend at local cotton market

Related Keywords: Cotton prices failed to maintain rising trend, due to declining rates, due to transportation problem, falling interest among buyers, ginners did not take interest in fresh buying, leading buyers and sellers were on the sidelines, local cotton market on Saturday, seed cotton price, trade activity came down ahead of Eid-ul-Fitr holiday

Prices failed to maintain rising trend on the local cotton market on Saturday due to falling interest among buyers, according to dealers. According to some brokers, trade activity came down ahead of Eid-ul-Fitr holiday.

The official spot rate shed Rs 50 to Rs 5,900, dealers said.

In Sindh seed cotton prices were at Rs 2900-3200 while in Punjab phutti prices were at Rs 3000 and Rs 3200, per 40 kg, respectively, dealers said.
In ready business, around 400 bales of cotton changed hands at Rs 6150.

Rise in demand by mills and spinners further improved trading

Related Keywords: buyers rushed to reload stock, cotton bales, Cotton market, deals finalized in both old and new stock, demand by mills and spinners, official spot rate, seed cotton price, TCP, trading activity further imporved

As buyers rushed to reload their stock, the trading activity on the cotton market on Tuesday improved further, dealers said. According to the market, the Trading Corporation of Pakistan (TCP) bought approximately 5600 bales of cotton to the mills at Rs 5885.

The official spot rate remained unchanged at Rs 5,500.

In Sindh, low type of seed-cotton prices rose by Rs 100 to Rs 3100 and better quality was up by Rs 50 to Rs 3250, per 40 kg, while in ready session, over 10,000 bales of cotton changed hands between Rs 5100 and Rs 5885, dealers said.

Business volume witnessed improvement despite slow supply

Related Keywords: cotton bales lying in unsold stock, cotton cultivated area, despite slow supply, lay hands over fine qualiity, meet demand, needy mills and spinners, official spot rate unchanged, Pakistan cotton market, seed cotton price, trading activity witnessed improvement

Despite slow supply, trading activity witnessed improvement on the cotton market on Monday as needy mills and spinners lay hands over the fine quality to meet their demand, said dealers. The official spot rate remained unchanged at Rs 5,500.

According to the market, slow arrivals of seed cotton propelled mills and spinners to make deals at higher rates.

Cotton prices heading towards season’s high on tight supply

Related Keywords: cotton bales, Cotton market, demand is surging with passage of time, facing shortage, fresh selling of cotton, Ginners, KCA, official spot rate down, prices heading towards season high, seed cotton price, tight supply of quality lint, unsold stock

At cotton market on tight supply of quality lint witnessed prices heading towards season’s high on Monday dealers said. Some brokers said that demand is surging with the passage of time as country is facing shortage of nearly 5 million bales of cotton.

The official spot rate gained Rs 100 to Rs 5,650. In Punjab, seed-cotton prices were at Rs 3000 and Rs 3200 while in the ready business, around 11000 bales of cotton changed hands between Rs 5100 and Rs 5950.

Rise in demand of quality lint pushes prices higher

Related Keywords: cotton bales, demand surge for quality lint, officially spot rate increased, Paksitan cotton market, renewed buying witnessed, rise in prices, seed cotton price, shortage of fine quality, small size of high grade lint cotton left with ginners

Pakistan cotton market on Thursday saw rise in prices with demand for quality lint surging, dealers said. According to the market sources, renewed buying was witnessed as small size of high-grade lint cotton was left with the ginners. There was no motivating factor which propelled spinners for new purchasing just shortage of fine quality.

The official spot rate increased by Rs 50 to Rs 5,250. In the Punjab prices of seed cotton were at Rs 2400 and Rs 3000 while in the ready business, over 9,000 bales of cotton changed hands between Rs 5000 and Rs 5600, dealers said.

Cotton market witnessed gain in prices due to short supply

Related Keywords: cotton bales, cotton belt, gain in cotton price, ginning process, maintained rising trend, mills and spinners, Pakistan Cotton Ginners Association, Pakistan cotton market, ready business, seed cotton price, short supply of quality lint, spot rate

Pakistan cotton market due to short supply of quality lint witnessed overnight gain in cotton price on Saturday. In the ready business, around 13,000 bales of cotton changed hands between Rs 5100 and Rs 5500. The official spot rate maintained rising trend for the second day, gaining further Rs 50 more at Rs 5,300, dealers said.

While, in Sindh, seed cotton prices were at Rs 2000-2200, and Punjab prices at Rs 2500 and Rs 2900.

Trading activity on cotton market remained moderate

Related Keywords: cotton bale, due to quality factor, Ginners, major buyers on sidelines, mills and spinners, official spot rate, Pakistan cotton market, seed cotton price, trading activity moderate

As major buyers were on the sidelines due to quality factor, trading activity remained moderate on the cotton market on Tuesday, dealers said.
Seed cotton prices in Sindh were at Rs 2300-2350 and in Punjab rates were at Rs 2350 and Rs 2450. In the ready business, around, 3000 bales of cotton changed hands between Rs 4700 and Rs 5000. However, the official spot rate remained unchanged at Rs 4700.

According to analysts, some needy mills and spinners took part in fresh buying of seed cotton while ginners preferred to sell to meet their financial problems.

Cotton market witnessed improvement in trade activity on rising demand

Related Keywords: GIDC, official spot rate, Pakistan cotton market, remained unchanged, seed cotton price, spinners buying cotton, trading activity improved, unsold stock

Trading activity on the cotton market on Saturday witnessed improvement as needy spinners indulged in buying cotton to meet their needs. The official spot rate remained unchanged at Rs 5450, dealers said.

In the ready session, over 5000 bales of cotton changed hands between Rs 5400 and Rs 5650, they said. Seed cotton prices in Sindh were at Rs 2600-2700 and in Punjab rates were at Rs 2800 and Rs 2900, they said.

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