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Search Results for: bales cotton

Dwindling cotton stock pushing prices further higher in the Pakistan 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,
SIMA wants CCI to start offloading cotton stock to help textile mills
As the textile mills of the South Indian region are running short of quality cotton, the textile industry has requested the textile minister to direct Cotton Corporation of India (CCI) to offload
Vietnam likely to witness slow down in cotton imports next season
Vietnam is ranked amongst the world’s top 5 nations in textile and clothing exports. The exports of textile and apparel products continued to grow in 2014 despite the difficulties in global
Cotton exports of India likely to fall by 41pc as China curbs purchases
India, the world’s biggest producer and second biggest seller, are likely to witness fall in cotton exports by 41 percent to a five-year low of 7 million bales this crop year ending September
Strong demand from spinners led to surge in cotton prices
Strong demand from spinners provoked by dwindling stock with ginners for the current season crop are creating panic buying from needy spinners who are eager to replenish their stock due to which
Rise in price of prime quality cotton was witnessed at local markets of Pakistan
Prime quality cotton price surged to five-month high at Rs5,340 per maund (37.324 kilograms) at the local markets on Thursday as many textile mill-owners were taking fresh positions in prime quality
Pakistan govt propose imposition of standard ST on cotton in 2015-16 budget
The government of Pakistan in the upcoming budget 2015-16 has proposed imposition of standard sales tax on cotton with a view to generating about Rs 50 billion revenue. Currently, sales tax
Cotton prices were mostly stable in Pakistan local market
With cotton price maintaining stability, many medium-size textile mills continued to make need-based buying on day-to-day basis due to availability of limited working capital with them, a dealer said
Decreasing supplies of quality cotton witnessed rise in prices
With decreasing supplies of good quality cotton from the current corp (August 2014/July 2015) remaining with the ginners, a further increase was seen in domestic cotton prices on Thursday. In fact,
Increase in cotton prices was witnessed over short supply and strong demand
Increase in cotton prices was witnessed on Wednesday due to short supply and strong demand from spinners. According to market estimates, the current stocks of cotton in Pakistan are sufficient only
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