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Related Keywords: considerable slow, diverted buying towards Indian cotton, fearing long delay in payments, ginners reluctant to enter into big deals, Holiday mood, leading spinning groups, local market under the grip, slow arrival of quality cotton, slowing down business, trading activity, world cotton market

As the holiday mood prevailed in world cotton markets, the local market have also come under the grip of general lethargy, slowing down business deals to a very low level, brokers added.

Due to Christmas and New Year holidays trading activity has slowed down in world leading cotton markets, this has also reflected on domestic market. Ahead of bank closing, ginners were reluctant to enter into big deals fearing long delay in payments against their deals Keeping trading activity considerable slow on Monday at cotton market in Pakistan.

Related Keywords: all future contract, cotton yarn, fall in price, finished higher, ginners holding stock, KCA, Lower level trading activity, New York cotton market, remained steady, Spinners, spot price, witnessed at cotton market, world cotton market

Some trading activity at the lower level was seen at cotton market on Tuesday as buyers were mostly reluctant anticipating fall in prices in the coming days.

However, spinners on their part were also cautious as they are not getting right price for cotton yarn as the market is sluggish and prices are under pressure. Trading remained restricted and limited as some needy mills lifted small lot deals,.

Ginners, who are holding very little stocks of around 240,000 bales, also seem to be in no hurry to dispose of their stocks at current price

Related Keywords: delay in new crop arrival, floor brokers, held by ginners, KCA, limited stock, Pakistan cotton market, slow down in trading activity, spot rate, steady at previous level, textile industry worried, world cotton market

Pakistan cotton market witnessed slow down in its trading activity on Saturday after staying active for entire week. According to floor brokers, they expected hiatus in activity due to limited stocks held by ginners. The Karachi Cotton Association (KCA) spot rates were steady at previous level.

However, there was demand from some needy mills, but ginners demanded higher rates for their limited cotton stocks. Barring a few deals, which were mostly finalized on high rates, activity on the market remained devoid of enthusiasm.

Related Keywords: cotton prices moving higher, deprive the industry of raw material, fast dwindling stock, KCA, Pakistan cotton market, spinner unable to get quality lint, spot rate, touch new high level, world cotton market

Cotton prices moving further higher to touch a new high level on Thursday due to fast dwindling cotton stocks in the Pakistan cotton market. Many needy spinners continued to look for quality lint, but mostly disappointed.

The textile industry is not only expressing concern over the rapidly falling cotton stocks but also for many export-oriented spinning units who have to meet their foreign commitments are unable to get quality lint.

The fear of long delay in the arrival of next crop, which will not reach ginneries before the end of July, is being feared by textile industry.

Related Keywords: delay in arrival of next crop, higher consumption of cotton, KCA, ongoing spell of rain and cold weather, Pakistan cotton market, pressure on lint prices, rising cotton prices, spinners continued building stocks, Textile Industry, world cotton market, World cotton price

Despite rising cotton prices on Tuesday, spinners continued to build up their stocks fearing delay in arrival of next crop. The next cotton crop is likely to be late by three to four days, as a result of the ongoing spell of rain in Punjab and cold weather in Sindh.

The higher consumption of cotton by the textile industry is also putting pressure on lint prices which have moved to a seasonal high of Rs5,250 per maund. However, shortage of quality lint is another major factor which has pushed prices up.

The Karachi Cotton Association (KCA) left its spot rates unchanged.

Related Keywords: buyers replenish stock, cotton price, influenced by international trend, Pakistan cotton market, textile goods, upward journey, world cotton market

Cotton price in Pakistan market maintained upward journey on Wednesday, influenced with the recent international trend. Brokers said that deals were made at higher rates by up to Rs150 to Rs200 per maund as the world cotton markets moved higher influencing the domestic trading. Buyers rushed to replenish their stocks at higher level, cotton prices rose above the psychological barrier of Rs5,000 per maund because of rise in the dollar’s value against the rupee which has improved export parity of textile goods.

Related Keywords: cotton activity, cotton prices, domestic market, ease liquidity crunch, falling trend, ginner off load stocks, KCA, Pakistan cotton market, spot rate, under pressure, world cotton market

Pakistan cotton activity failed to pick up pace as cotton prices came under pressure on Thursday as ginners rushed to off-load their stocks in an attempt to ease their liquidity crunch and the falling trend in the world cotton markets including those of New York and India, is another factor affecting price in the domestic market.

Floor brokers said that from the outset there was selling pressure which pushed premium quality and lower grade cotton prices down between Rs50 and Rs100 per maund on ready deals. Phutti (seed cotton) prices also declined as a result.

Related Keywords: boost activity, capital shortage, cotton yarn, Karachi cotton exchange, maintain inventories, Pakistan cotton market, slowdown in sale, textile mill owner, trade turnover, world cotton market

Pakistan textile mill-owners to maintain their inventories on the higher side resumed purchasing, which helped boost activity at the cotton market with trade turnover of cotton improving by 16 percent to 19,200 bales (155 kilograms).

However, the trade activity was comparatively low due to slowdown in the sales of cotton yarn , a dealer said on Monday.

According to a broker at the Karachi Cotton Exchange, big textile mills maintain, at least, three-month stock of cotton in hands.

Related Keywords: Cotton market, India, Karachi Cotton Association, New York, trading, world cotton market

Trading activity continued to remain slow on the cotton market on Saturday with both buyers and sellers making every efforts to turn the prices in their favour. Most buying deals offered by spinners were not obliged by ginners who are holding back their stocks in the hope of a price rise.

Brokers said that the rapidly rising prices of phutti (seed cotton) are instrumental in pushing cotton prices higher which forced ginners to ask for higher price for cotton.

Related Keywords: Cotton market, India, Karachi Cotton Association, New York, trading, world cotton market

With buyers and sellers reluctant to agree on a common price, trading activity botched to pick up on the cotton market on Friday.

Floor brokers said that it seemed that buyers and sellers were marking time before drawing future strategy to get maximum benefit out of duty-free market access given by the European Union (EU) to Pakistani products.