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Related Keywords: by rupees fifty seed cotton prices, cotton bales, Cotton market, cotton prices, gain momentum, import of cotton, official spot rate moved higher, phutti rates, process of modest trade activity, Spinners

Cotton prices gain momentum at the cotton market in the process of modest trade activity on Wednesday. The official spot rate moved higher by Rs 50 at Rs 6300, 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.

Cotton analyst, Naseem Usman said that nothing is new except sharp rise in the international market, influenced the rates of cotton in the domestic market.

Related Keywords: against interest of the industrys, conditional imports of cotton from India, cut in spot rate, issue of import of Indian cotton, KCA, keeping away from trading ring, kept trading activity slow, Pakistan cotton market, reducing buying activity, remain unresolved, Spinners

Big spinners reducing their buying activity by keeping away from the trading ring as the issue of import of Indian cotton remain unresolved. There is a strong perception among spinners that the current situation of conditional imports of cotton from India is against the interest of the industry. This kept trading activity slow at cotton market on Saturday.

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: capitalize maximum returns, dull as buyer showed eagerness for quality lots, grade issue, Karachi Cotton Association, keeping physical price in red zone, of influx of better grade, readjust spot rate, Spinners, spot rate, Trading activity at lint market

Trading activity remained dull as buyer in lint market showed eagerness for quality lots keeping physical price in red zone on Wednesday said, traders at the Karachi Cotton Association (KCA).

During the trading session, spinners in Sindh and Punjab stations bought all grades on cautious note as grade issue was continued. Traders offered all grades of lint on bargaining rates at around Rs 4,975 per maund to Rs 5,350 per maund in order to capitalize maximum returns on their proceeds, said floor brokers.

Related Keywords: buyers reluctant to make sizeable deal, cotton bales, ginning units, KCA, Lint market, on grade issue, remained lean, Spinners, spot rate, textile sector, though price low, trading activity

Trading activity remained lean as buyers were reluctant to make any sizeable deal though price was low at the lint market on grade issue, floor brokers said. Some spinners finalized deals of fine type to meet immediate need and around 200 bales changed hands.

The Karachi Cotton Association (KCA) spot rate remained firm at Rs 5,300 per maund. The volumes were slow with traders purchased just 200 cotton bales in the ready market of Sindh and Punjab at Rs 4,950 per maund to Rs 5,450 per maund.

Related Keywords: ahead of PCGA fortnightly report, China plans to cut production, cotton bales, indulged in fresh buying, leading buyer, market sources, Pakistan cotton market, seed cotton, Spinners, spot rates remained unchanged, trading activity improved

With some leading buyers indulged in fresh buying ahead of the Pakistan Cotton Ginners Association (PCGA) fortnightly report due shortly, trading activity on the cotton market witnessed improved on Wednesday, according to market sources.

In the ready business, about 4000 bales of cotton changed hands between Rs 4700 to Rs 5600, dealers said.

However, the official spot rate remained unchanged at Rs 5,350. While, in Sindh, prices of seed cotton remained between Rs 1600 and Rs 2800, in the Punjab, rates were at Rs 2000 and Rs 3000.

Related Keywords: display and sell product, display variet of state of the art textile and garment technologies, DTG machinery exhibition, Global brands Barudan, Jakob Muller, Karl Mayer, machinery, organized by BTMA, showcase latest textiles and apparel technology, Spinners, thirty four counties, thousand textile equipment manufacturers, weavers and knitters

The 13th Dhaka International Textile and Garment Machinery Exhibition organized by Bangladesh Textile Mills Association (BTMA), Taiwan's exhibition management firm Chan Chao International Company and Yorkers Trade and Marketing Service Company of Hong Kong will begin in Dhaka tomorrow where more than 1,000 textile equipment manufacturers from 34 countries, including Bangladesh, will display a variety of state-of-the-art textile and garment technologies and machinery, Tapan Chowdhury, president of BTMA, said at the association's office yesterday.

Related Keywords: cotton prices, decline in lint prices, ginners long position rushed to unload stock, KCA, lower, lower export orders for yarn, Pakistan cotton market, selling pressure, Spinners, spot rate

Cotton prices remained lower on Wednesday as ginners fearing further decline in lint prices having long position rushed to unload their stocks at Pakistan cotton market.

According to floor brokers, slow moving cotton demand from spinners in front of lower export orders for yarn and high prices of cotton compared to import parity kept prices under pressure.

The situation is highly perplexed because short crop and poor demand from China owning to high cost of Pakistani yarn against Indian and Vietnamese variety kept trading activity slow and restricted.

Related Keywords: KCA, leading buyers, Lint market, made deals on slightly higher price, Pakistan cotton market, physical prices firm, remained grade conscious, selective buying, Spinners, spot rate

Leading buyers at cotton market remained grade conscious and only made deals on slightly higher price according to their immediate need of lint. Selective buying in lint market kept physical prices firm, said traders at the Karachi Cotton Association (KCA) on Monday.

During the trading session, mills in Sindh and Punjab stations purchased all grades on cautious note as grade issue was continue. Traders offered all grades of lint on bargaining rates at around Rs 4,675 per maund to Rs 4,975 per maund in order to capitalise maximum returns on their proceeds, floor brokers said.

Related Keywords: cotton contract, decline in daily intake, delay in new crop, depleting stock, drop in volume of business, ginners preffered to wait on sideline, ICE cotton future, lint cotton, official spot rate unchanged, Pakistan cotton market, seed cotton, Spinners

As Ginners preferred to wait on sidelines due to depleted stock and delay in new crop, volume of business dropped on the cotton market on Saturday. According to dealers, the official spot rate remained unchanged at Rs 5450. In the ready session, approximately, 2000 bales between price range Rs 3750-5550 changed hands. Seed cotton rates in Sindh also stayed unchanged at Rs 2000-2600 while in Punjab prices registered at Rs 2400-3100