Cotton trading remains focused on quality at lint market

News Tags: amid steady physical prices, Buyers made deals for better, cotton bales, Depleting stocks, focus on better grades of lint, KCE, kept quality conscious buyers, on front foot, premium prices, second grade of cotton, secondary buyers, Spinners, spot rate, trading at lint market

Karachi
Cotton trading remains focused on quality at lint market
Summary: 
Depleting stocks kept quality conscious buyers on front foot with focus on better grades of lint amid steady physical prices during trading at lint market. Buyers made deals for better and second grade of cotton on premium prices at around Rs 6,725-Rs 6,675 per maund.

Depleting stocks kept quality conscious buyers on front foot with focus on better grades of lint amid steady physical prices during trading at lint market. Buyers made deals for better and second grade of cotton on premium prices at around Rs 6,725-Rs 6,675 per maund.

Demand for better grades of lint would likely keep sellers in the driving seat until the arrival of 100,000 cotton bales imported. Sellers were steadfast in negotiating on their asking prices on the back of shrinking quality during trading session at major stations of Punjab and Sindh.

https://www.thenews.com.pk/print/253451-cotton-unchanged
0

Modest change in cotton rates

News Tags: 000 bales of cotton changed hands, active buying by mills, cotton bales, Cotton market, Cotton rates move up modestly, Karachi cotton exchange, official spot rate remained unchanged, over 20, ready session, trading process

Karachi
Modest change in cotton rates
Summary: 
Cotton rates to move up modestly on the cotton market on Wednesday during the trading process with active buying by mills, dealers said. The official spot rate remained unchanged at Rs 6,600. In ready session, over 20,000 bales of cotton changed hands between Rs 6250-7000.

Cotton rates to move up modestly on the cotton market on Wednesday during the trading process with active buying by mills, dealers said. The official spot rate remained unchanged at Rs 6,600. In ready session, over 20,000 bales of cotton changed hands between Rs 6250-7000.

While, in Sindh, seed cotton prices were same at Rs 2700-3200, in the Punjab, rates also held the overnight levels at Rs 2700-3300, as per 40 kg.

https://www.thenews.com.pk/print/252955-cotton-unchanged
0

Trading activity at cotton market witnessed steady trend

News Tags: active trading was recorded, cotton bales, Cotton market, helped rates, Karachi cotton exchange, keep present levels, lack of quality lint, process of trading on Wednesday, propelled mills and spinners to keep buying, Renewed buying interest, spot rates remained unchanged

Karachi
Trading activity at cotton market witnessed steady trend
Summary: 
Renewed buying interest at the cotton market helped the rates to keep present levels in the process of trading on Wednesday, as per dealers. At the Karachi Cotton Exchange, active trading was recorded, while spot rates remained unchanged at Rs6,600/maund (37.324kg) and Rs7,073/40kg. Ex-Karachi rates also remained unchanged at Rs6,745/maund and Rs7,228/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

Renewed buying interest at the cotton market helped the rates to keep present levels in the process of trading on Wednesday, as per dealers. At the Karachi Cotton Exchange, active trading was recorded, while spot rates remained unchanged at Rs6,600/maund (37.324kg) and Rs7,073/40kg. Ex-Karachi rates also remained unchanged at Rs6,745/maund and Rs7,228/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

In Sindh, seed cotton prices were same at Rs 2800-3350, in the Punjab, rates were at Rs 2800-3500, as per 40 kg, dealers said.

https://fp.brecorder.com/2017/11/20171130323215/
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Cotton market witnessed renewed buying interest

News Tags: cotton bales, cotton market witnessed, discouraging buying at large scale, paying premium price for good lint, prices remained on higher side, Renewed buying interest, Shortage of quality cotton, spinners sought to replenish stocks, trading could not expand

Karachi
Cotton market witnessed renewed buying interest
Summary: 
The cotton market on Tuesday witnessed renewed buying interest as spinners sought to replenish their stocks, paying premium price for good lint. Consequently, prices remained on the higher side discouraging buying at large scale.

The cotton market on Tuesday witnessed renewed buying interest as spinners sought to replenish their stocks, paying premium price for good lint. Consequently, prices remained on the higher side discouraging buying at large scale.

Due to high cotton prices, phutti (seed cotton) prices moved higher and were being quoted in the range of Rs2,900-3,300 for Sindh quality and Rs3,000-3,400 for Punjab variety.

Higher cotton yarn prices were also adversely impacting yarn market as they threaten value-added textile industry’s viability.

https://www.dawn.com/news/1373485/cotton-market-picks-up
0

Big fall in cotton output to see jump in prices by 7pc

News Tags: Cotton Association of India, cotton bales, due to pink bollworm attacks in some states, likely to see jump in cotton prices, prices have increased by Rs250-300 per quintal last week, six to seven percent in a week, Trade is speculating a big fall in cotton output

Pune
Big fall in cotton output to see jump in prices by 7pc
Summary: 
As the trade is speculating a big fall in cotton output due to pink bollworm attacks in some states, even though there is little clarity yet on the extent of the damage. Prices have increased by Rs250-300 per quintal last week and it is likely to see jump in cotton prices by 6to7 percent in a week.

As the trade is speculating a big fall in cotton output due to pink bollworm attacks in some states, even though there is little clarity yet on the extent of the damage. Prices have increased by Rs250-300 per quintal last week and it is likely to see jump in cotton prices by 6to7 percent in a week.

Various government and trade bodies have undertaken surveys to reassess the crop. A Maharashtra government official, who did not want to be named, said the fall in yields could be 15-20%.

https://economictimes.indiatimes.com/markets/commodities/news/cotton-prices-jump-7-on-fear-of-fall-in-output/articleshow/61828594.cms
0

Dreary trading activity prevailed at cotton market

News Tags: brokers did not turn up, cotton bales, cotton trading activity, kept proceedings listless, owing to fear, remained dreary, sit-in by a religious organisation, spot rates stood unchanged, thin attendance in the trading ring, unrest in the city

Karachi
Dreary trading activity prevailed at cotton market
Summary: 
Cotton trading activity remained dreary due to unrest in the city because of a sit-in by a religious organisation, owing to fear the brokers also did not turn up. There was thin attendance in the trading ring which kept proceedings listless.

Cotton trading activity remained dreary due to unrest in the city because of a sit-in by a religious organisation, owing to fear the brokers also did not turn up. There was thin attendance in the trading ring which kept proceedings listless.

The spot rates stood unchanged at the previous levels of Rs6,600/maund (37.324kg) and Rs7,073/40kg. Ex-Karachi rates also remained firm at Rs6,745/maund and Rs7,228/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

https://www.dawn.com/news/1373251
0

Cotton prices up on renewed buying interest

News Tags: 000 per maund, build up inventories, buyers seen chasing quality cotton, cotton bales, cotton market on Thursday, intense demand, official spot rates increased, prices on ready counter, pushed cotton prices u, Renewed buying interest, seasonal peak level, Spinners, Textile Industry, touched Rs7

Karachi
Cotton prices up on renewed buying interest
Summary: 
At cotton market on Thursday buyers seen chasing quality cotton in order to build up their inventories. This renewed buying interest pushed the cotton prices up to the seasonal peak level of Rs.7,000 per maund. Due to intense demand, prices on ready counter touched Rs7,000 per maund while official spot rates were increased by Rs100 to Rs6,600 per maund.

At cotton market on Thursday buyers seen chasing quality cotton in order to build up their inventories. This renewed buying interest pushed the cotton prices up to the seasonal peak level of Rs.7,000 per maund. Due to intense demand, prices on ready counter touched Rs7,000 per maund while official spot rates were increased by Rs100 to Rs6,600 per maund.

Short supply and fears of crop failure kept buyers panicky. There was strong demand but most deals could not be finalised owing to quality constraints.

https://www.dawn.com/news/1372460/commodities-cotton-prices-soar
0

Steady conditions prevail at cotton market

News Tags: both buyers and sellers, buyers indulged in short covering, cotton bales, cotton market on Wednesday, KCA, KCE, near future demands, panic buying, past two days no longer evident, rationalised their approach, spot rate, steady conditions prevailed

Karachi
Steady conditions prevail at cotton market
Summary: 
Panic buying of the past two days was no longer evident as both buyers and sellers seemed to have rationalised their approach and steady conditions prevailed on the cotton market on Wednesday as buyers indulged in short covering for their near future demands.

Panic buying of the past two days was no longer evident as both buyers and sellers seemed to have rationalised their approach and steady conditions prevailed on the cotton market on Wednesday as buyers indulged in short covering for their near future demands.

Pakistan Central Cotton Committee’s (PCCC) review has set aside all fears and apprehensions that were afloat about the size of the crop in the light of heat wave, smog and fog impact, said Naseem Usman, chairman Karachi Cotton Brokers’ Forum.

https://www.dawn.com/news/1372222/cotton-rates-firm-up-as-crop-size-fears-ruled-out
0

Cotton activity remain firm as prices began to stabilize

News Tags: cotton bales, KCA, leading buyers, level of prices, market estimates, overall behavior at cotton market firm, prices began to stabilise, remained above import parity, spot rate, stayed away from trading ring

Karachi
Cotton activity remain firm as prices began to stabilize
Summary: 
The overall behavior at cotton market on Thursday was firm and prices began to stabilise. Leading buyers stayed away from the trading ring . However, as per market estimates, the level of prices still remained above import parity.

The overall behavior at cotton market on Thursday was firm and prices began to stabilise. Leading buyers stayed away from the trading ring . However, as per market estimates, the level of prices still remained above import parity.

The current spell of rains in Punjab is being reckoned to be healthy for standing cotton plants and could help improve production. However, leading spinners seemed to be unwilling to take any risk and are keen to import cotton once duty is withdrawn.

https://www.dawn.com/news/1370949/cotton-prices-stabilise
0

Cotton market witnessed prices hitting season’s high

News Tags: Baloch cotton produced around 5000 bales per year, cotton bales, more or less 200 bales of Baloch cotton sold, official spot rate was higher by Rs 50, Pakistan cotton market, prices hit seasons high, ready session, Sindh seed cotton prices were up

Karachi
Cotton market witnessed prices hitting season’s high
Summary: 
At Pakistan cotton market, prices hit season's high on Wednesday and the official spot rate was higher by Rs 50 to Rs 6500, dealers said. According to dealers more or less 200 bales of Baloch cotton sold at Rs 7000, Baloch cotton produced around 5000 bales per year.

At Pakistan cotton market, prices hit season's high on Wednesday and the official spot rate was higher by Rs 50 to Rs 6500, dealers said. According to dealers more or less 200 bales of Baloch cotton sold at Rs 7000, Baloch cotton produced around 5000 bales per year.

In Sindh seed cotton prices were up by Rs 100 to Rs 2800-3300, in the Punjab rates were at Rs 2900-3400, as per 40 kg. Besides, in the ready session, over 25,000 bales of cotton changed hands between Rs 5600-6800.

https://fp.brecorder.com/2017/11/20171109233552/
0
 
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