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low demand cotton
2016-03-18 17:00:00
Punjab reduces VAT to 3.63pc on cotton yarn and cloth
Local yarn industry was not able to compete with outside industries as there tax structure on yarn is in the range of 0-2 percent very low compared to the tax structure of Punjab. With the Punjab
2016-03-09 15:35:00
Trading activity picked up rapidly at cotton market
Trading activity at the cotton market on Tuesday picked up rapidly with spinners rushing to book quality lint to meet their near-future demand. The overnight recovery trend sustained itself on
2016-03-07 17:00:00
Pakistan despite quality yarn to perform poorly in cotton export
Pakistan despite being the fourth largest producer of cotton has been performing poorly in cotton trade. The cotton consumption is likely to decline by 12 percent this year. By consuming 2.2 million
2016-03-04 15:00:00
Poor cotton production this season push govt to import 50m bales cotton
Pakistan’s cotton production during this season to March 1 has decline by 33.85 percent to 9.727 million bales due to pest attacks, inferior inputs and lowering yields which continues to hit
2016-03-03 07:26:03
ASF price declines in Pakistan on dull demand
In India, ASF offers were at US$1.84-1.87 a kg during the week. In Pakistan, 1.2D ASF prices were down PakRs5 a kg (down US cents 5) on the week. Prices in India rolled over previous week’s
2016-02-29 15:30:00
MCCI demand imposition of 25 percent RD on fine count cotton yarn
Addressing a press conference here on Sunday, Khawaja Muhammad Usman a spokesman for Multan Chamber of Commerce and Industry (MCCI) categorically denied the claim of the commerce minister that APTMA
2016-02-25 16:00:00
Textile industry pitches lowering excise duty and change in labour laws in Budget
The textile industry, which is the country's second largest employer after agriculture, contributes nearly 14 per cent to industrial production and 4 per cent to the GDP has pitched for incentives
2016-02-25 07:26:30
ASF market remains steady amid weak downstream demand
In China, medium-length staple fiber prices rolled over in the second week of February at US$1.79-2.01 a kg while cotton-type staple was at US$1.80-2.01 a kg. Jilin Chemical Fiber maintained its
2016-02-24 13:00:00
Trading remains lean on grade issue on cotton market
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
2016-02-23 10:30:00
Cotton price in India rises on fresh demand, leads to hike in yarn prices
In India, cotton prices edged up in the third week of February on fresh demand from domestic yarn mills after prices declined in the previous week. Gujarat Sankar-6 cotton gained INR500 to INR33,600
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