Cotton prices fall in Pakistan due to lack of buying interest

News Tags: cotton arrivals, cotton buyers in Pakistan, cotton imports in Pakistan, cotton prices in Pakistan, cotton spinners, cotton trade, textile exports

Karachi
Summary: 
On Tuesday, cotton prices in Pakistan slid amid lackluster trade due to lack of buying interest from spinners and higher imports of cotton, whereas, cotton prices in the world markets moved higher

On Tuesday, cotton prices in Pakistan slid amid lackluster trade due to lack of buying interest from spinners and higher imports of cotton, whereas, cotton prices in the world markets moved higher.

The spot rate settled at PakRs5,500/maund (37.324 kilogram each), down PakRs50/maund from the previous level. Around 1400 bales of cotton were changed hand in the ready markets of Sindh and Punjab.

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Cotton price in India rises on fresh demand, leads to hike in yarn prices

News Tags: China cotton index, cotton prices in china, cotton prices in india, cotton prices in Pakistan, cotton trade in India, cotton yarn market in India, fabric market in Pakistan, textile mills in India, yarn prices in china, yarn prices in India, yarn prices in Pakistan

Mumbai
Summary: 
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

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 per candy. Other varieties saw prices gain INR200-800 per candy.

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UIG Chairman urges bailout package for cotton farmers

News Tags: bailout package for cotton farmers, collapse of the crop in Pakistan, cotton cultivation in Pakistan, cotton exports worth, cotton farmers, cotton output in Pakistan, cotton prices, cotton prices in Pakistan, textile exports of Pakistan

Pakistan
Summary: 
Mian Shahid, chairman of United International Group, on Sunday demanded a bailout package for cotton farmers affected by recent collapse of the crop in Pakistan. He stated that dismayed farmers

Mian Shahid, chairman of United International Group, on Sunday demanded a bailout package for cotton farmers affected by recent collapse of the crop in Pakistan.

He stated that dismayed farmers were switching to other crops which could reduce area under cotton cultivation by 20 per cent which would further bring production down.

Textile sector would be hard pressed as four billion dollars would be needed to import cotton which would hit the foreign exchange reserves and gross domestic product growth, he added.

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Cotton price drops due to low demand

Cotton prices tumbled across markets in the last week of July with numbers plunging midweek on fears that China, the world’s largest purchaser of cotton, may continue having problems with its economy. The US weather forecast for the southern US are dry, which emerged as good news for the growing cotton crop.

Benchmark December Futures lost further US cent 0.43 per pound for the week and the near month October contract fell US cents 1.83. The Cotlook A index also lost US cents 0.80 per pound while the China Cotton Index inched down 20 Yuan a ton.

News Tags: cotton export to china, cotton price, cotton prices in india, cotton prices in Pakistan

Cotton prices depressed across major markets, yarn follow suit

News Tags: cotlook index, cotton prices, cotton prices in china, cotton prices in india, cotton prices in Pakistan, Cotton yarn prices, cotton yarn prices in china, cotton yarn prices in india, cotton yarn prices in pakistan

Mumbai
Cotton prices depressed across major markets, yarn follow suit
Summary: 
In early June, <a href=" http://www.yarnsandfibers.com/Prices/Price-Forecast-Cotton" target=”_blank”> YnFx had predicted </a> that cotton prices will remain subdued in June as global supply and demand volumes then pointed to sustained weakness while a number of factors were

In early June, YnFx had predicted that cotton prices will remain subdued in June as global supply and demand volumes then pointed to sustained weakness while a number of factors were underpinning the recent improvement. As the month crossed its first half, cotton prices were depressed across major markets on ample supply amid poor demand.

yarnsandfibers.com
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Import duty rumour sets cotton markets in Pakistan on fire

News Tags: cotton prices in Pakistan, import duty on cotton yarn in Pakistan, Karachi Cotton Association

Karachi
Import duty rumour sets cotton markets on fire
Summary: 
Rumours that five per cent import duty will be imposed on cotton yarn in Pakistan set the cotton markets on fire on 27 March. The markets swayed on news that recommendation of duty imposition has been prepared and would be put up for approval in the next meeting of the Economic Coordination Committee (ECC).

Rumours that five per cent import duty will be imposed on cotton yarn in Pakistan set the cotton markets on fire on 27 March. The markets swayed on news that recommendation of duty imposition has been prepared and would be put up for approval in the next meeting of the Economic Coordination Committee (ECC).

http://www.dawn.com/news/1095991/trading-picks-up-on-cotton-market
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