brokers | YnFx - Part 9

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2017-01-19 13:00:00

Cotton prices soar to new high level

On sustained demand for quality cotton from spinners and some exporters due to which cotton prices soared to a new high level on Wednesday. However, no much expansion see in the trading volume as

2017-01-12 13:00:00

Firm trading activity at cotton market

The cotton market remained steady on Wednesday as spinners generally preferred to buy domestic stocks. Earlier, most spinners were holding their hopes to import cotton from India. The Karachi

2017-01-09 10:00:00

Yarn stocks piling up at spinning mills in Tamil Nadu

With the shortage of labour, spinning mills in Tamil Nadu are unable to run their units on a daily basis. The number of shifts has come down to two or one per day. With inadequate workforce, they

2017-01-03 13:00:00

Trading activity at cotton market remains selective

Trading activity at the cotton market remains selective amid firm physical price. Floor brokers said that majority of buyers bought second grade lint on bargaining prices at around Rs 6,425 per maund

2016-12-29 13:00:00

Cotton market recovering with renewed buying interest

The cotton market recovering with renewed buying interest from spinners on Wednesday. Floor brokers said that spinners rushed back to meet their short-term requirement, but their buying remained

2016-12-27 13:00:00

Slow down in cotton trading as holiday mood prevails

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

2016-12-22 13:00:00

Influence of global trend keeps cotton trading slow

The global trend heavily overshadowed sentiment at the domestic market, particularly the temporary shutdown of a large number of spinning units in China due to heavy smog, Under the influence of

2016-12-20 13:00:00

Short supply of quality cotton kept market firm and steady

With buyers taking to the sidelines and preferring to indulge in short-covering to meet their immediate demand, The market behaviour was firm and steady on Monday, but activity declined considerably

2016-12-17 13:00:00

Renewed buying interest from spinners pushes cotton prices higher

Renewed buying interest from spinners and some exporter at cotton market on Friday pushes cotton prices higher. Cotton prices rose by Rs200 to Rs300 per maund (around 37 kilograms). There

2016-12-16 13:00:00

Cotton market found in line with global trend

Talks in the trading ring in Pakistan have confirmed that in a recent meeting the Sui Northern Gas Company has assured a delegation of All Pakistan Textile Mills Association (Aptma) to cut gas tariff

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