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Related Keywords: cotton bales, Cotton market witnessed lacklustre conditions, Karachi Cotton Association, leading buyers remained preoccupied in clearing their accounts, official spot rate remain unchanged, production report released by the ginners body, Punjab phutti rates, seed cotton prices, spinners focusing on cotton imports from India

The cotton market witnessed lacklustre conditions on Tuesday as most leading buyers remained preoccupied in clearing their accounts. The Karachi Cotton Association official spot rate remain unchanged at Rs 6250. While, in Sindh, seed cotton prices were at Rs 2600-3250 and in Punjab, phutti rates were at Rs 2800 and Rs 3500, as per 40 kg, according to dealers.

Furthermore, spinners are currently focusing on cotton imports from India because the production report released by the ginners’ body has not shown encouraging figures and estimated to be around 10.08 million bales.

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Prices moved up on the cotton market on Saturday in the process of trading activity in line with the international track, dealers said. 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. However, the official spot rate remained unchanged at Rs 6250.

Related Keywords: buyers remained in forefront, buying spree, continue to remain firm, cotton bales, cotton prices, moderate trade, official spot rate remained unmoved, Pakistan cotton market, reload stock, seed cotton prices, Spinners

Cotton prices at Pakistan cotton market continue to remain firm on moderate trade on Friday as buyers remained in the forefront of buying spree to reload their stock, according to dealers. The official spot rate remained unmoved at Rs 6300.

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

Related Keywords: amid hovering fears of rise in rates, cotton bales, Cotton market, mills and spinners, official spot rate remain unchanged, replenish stock, seed cotton prices, seen making fresh buying

Mills and spinners were seen making fresh buying amid hovering fears of rise in rates to replenish their stock at cotton market, dealers said. The official spot rate remain unchanged at Rs 5,900.

In Sindh, seed cotton prices at Rs 3100-3200 and in Punjab rates of Phutti were at Rs 2900-3100, as per 40 kg, dealers said. In ready business, over 13000 bales of cotton changed hands between Rs 6000 and Rs 6250.

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Cotton prices remain firm amid strong demand from spinners, who were keen to replenish their stocks ahead of Eid-ul-Azha holidays at cotton market on Friday, dealers said. The official spot rate stayed unchanged at Rs 5,850. Some brokers said that after a long-time, prices halted decline.

In Sindh, seed cotton prices were at Rs 2800-3050 and in Punjab rates of Phutti were at Rs 2500-2900, as per 40 kg, they said. In ready business, around 15,000 bales of cotton changed hands between Rs 6000 and Rs 6100, dealers said.

Related Keywords: cotton bales, Cotton market, cotton prodcution, easy supply position, falling trend persisted, Modest trade, official spot rate dropped further, prices showed softness, seed cotton prices

In the process of modest trade at cotton market falling trend persisted on Friady, dealers said. Also, the official spot rate dropped further by Rs 100 to Rs 6,400. Market sources said that in the early session, prices showed softness due to reports of easy supply position.

In Sindh, seed cotton prices were unchanged at Rs 3000-3300 and in Punjab rates of Phutti, followed same trend, showing no change at Rs 2600-3200, per 40 kg. Meanwhile, in ready business, around 13000 bales of cotton changed hands between Rs 6300 and Rs 6650.

Related Keywords: cheap prices as compare to local rates, Cotton market, forward buying witnessed by mills, mills importing cotton from the US and other countries, phutti arrival, prices inclined higher marginally, ready business, seed cotton prices, Seed cotton supply, slow due to shortage of transport, spinners indulged in panic buying, tight supply position

In the process of tight supply position, prices inclined higher marginally at cotton market on Friday, dealers said. According to the market sources, some spinners indulged in panic buying due to short supply position. A kind of forward buying was also witnessed by mills.

The official spot rate remained unchanged at Rs 6,650, dealers said.

In Sindh, seed cotton prices were at Rs 3400-3550 and in Punjab rates of Phutti, were at Rs 3100-3450, per 40 kg. While, in ready business, around 12,000 bales of cotton changed hands between Rs 6725 and Rs 6900, dealers said.

Related Keywords: budget, cotton bales, exports of textile sector, incentives announced to textile sector, mills continue to buy, Pakistan cotton market, prices showed modest recovery, ready session, revival of zero-rating regime, seed cotton prices, show visible improvement, spot rate recovered

At Pakistan cotton market on Saturday prices showed modest recovery with mills continuing to buy following the incentives to the textile sector, announced in the budget 2016-17, dealers said. In ready session, around 1000 bales of cotton changed hands between Rs 5400-5600.

The official spot rate recovered by Rs 50 to Rs 5,600, dealers said. While, in Sindh, seed-cotton prices were at Rs 3000-3100, per 40 kg.

Related Keywords: demand for textile products, due to short supply, export of cotton yarn to China, failed to get quality lint, Ginners, official spot rate unchanged, Pakistan cotton market, persistent demand by mills and spinners, seed cotton prices, spinners indulged in panic buying to replenish their stock, witnessed improvement in volume of business

At the Pakistan cotton market on Wednesday following the persistent demand by mills and spinners, witnessed improvement in the volume of business, dealers said. In Sindh, seed cotton prices were at Rs 2200-2400, and in Punjab prices were at Rs 2400 and Rs 2900.

In the ready business, nearly 10,000 bales finalized between Rs 4750-5500. The official spot rate also remained unchanged at Rs 5,300.

Related Keywords: buyers trying to lay hands over the best quality, Cotton market, cotton yarn, future direction of market, Holi festival, kept trading activity low, many participants busy in holi celebration, not so clear in coming days, official spot rate, Prices may pick up or stabilize, ready business, seed cotton prices, short in demand, textile good

Holi festival kept trading activity on the cotton market on Thursday came under pressure as many participants busy in Holi celebrations. Dealers said the trade activity may revive after Holi festival.

In the ready business, around 4,000 bales of cotton changed hands between Rs 4300-5500, while, in Sindh, seed cotton prices were at Rs 2000-2200, and in Punjab prices at Rs 2500 and Rs 2900.

The official spot rate was unchanged at Rs 5,250, dealers said.