Physical prices remain firm on demand at cotton market

News Tags: buyers purchased better grades, cotton seed, demand of better, KCA, major stations of Punjab and Sindh, physical prices strong, second grade of cotton, slightly higher price, spot rate, Trading sessio

Karachi
Physical prices remain firm on demand at cotton market
Summary: 
During the trading session in major stations of Punjab and Sindh, the demand of better and second grade of cotton kept physical prices strong. Buyers purchased better grades of cotton at a slightly higher price at around Rs 7,550 per maund to Rs 7,625 per maund.

During the trading session in major stations of Punjab and Sindh, the demand of better and second grade of cotton kept physical prices strong. Buyers purchased better grades of cotton at a slightly higher price at around Rs 7,550 per maund to Rs 7,625 per maund.

Buyers bought the commodity at a premium price while ginners made deals for second grade of lint in anticipating paucity in the forthcoming trading sessions at the lint market.

The physical prices would likely remain firm on paucity of better grades arrival of phutti (cottonseed) in ginneries.

https://dailytimes.com.pk/179100/physical-prices-remain-firm-demand-trading-cotton-market/
0

Cotton trading activity likely to remain slow for a couple of months

News Tags: cotton seed, cotton trading in Sindh and Punjab stations, fine grades of lint, higher demand, Karachi Cotton Association, Karachi cotton exchange, remained selective on grade issue, slow trading continued, spot rates stood firm

Karachi
Cotton trading activity likely to remain slow for a couple of months
Summary: 
At the Karachi Cotton Exchange slow trading continued on Thursday, while spot rates stood firm at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also remained unchanged at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

At the Karachi Cotton Exchange slow trading continued on Thursday, while spot rates stood firm at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also remained unchanged at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

The cotton market recorded only two transactions of 1,400 bales at Rs6,900 to Rs6,970/maund. Sadiqabad’s 1,000 bales were sold at Rs6,900/maund, while 400 bales of Noorpur Noranga exchanged hands at Rs6,970/maund.

https://www.thenews.com.pk/print/206602-Cotton-stable
0

Pakistan cotton output likely to fall short of target

News Tags: assess volume of silver fibre crop, CCAC, competitive support price, Cotton growers, cotton production, cotton seed, current season, drop in prices, farmers under sowed, Federal Committee on Agriculture, high temperature, Pakistan cotton, rains hit cotton cultivation, remain lower

Islamabad
Pakistan cotton output likely to fall short of target
Summary: 
At the beginning of current season, the Federal Committee on Agriculture had projected that farmers would plant cotton over an area of 3.009 million hectares and produce 14.101 million bales. But Pakistan’s cotton produce is expected to remain lower at around 10.542 million bales in the current season because farmers under-sowed the cash crop on the fears of further drop in prices.

At the beginning of current season, the Federal Committee on Agriculture had projected that farmers would plant cotton over an area of 3.009 million hectares and produce 14.101 million bales. But Pakistan’s cotton produce is expected to remain lower at around 10.542 million bales in the current season because farmers under-sowed the cash crop on the fears of further drop in prices.

https://www.thenews.com.pk/print/169958-Cotton-crop-likely-to-miss-production-target#
0

Pakistan may need to import 2.5mn cotton bales due to output shortage

News Tags: cotton bales, cotton bales need to be imported, cotton prices unjustifiably high, cotton production to face shortage, cotton seed, Pakistan Cotton Ginners Association, Pakistan cotton sowing, prices of the commodity would ease., supply shortage, twenty five percent lower this year

Karachi
Pakistan may need to import 2.5mn cotton bales due to output shortage
Summary: 
With Pakistan’s cotton sowing remaining 25 percent lower this year compared to the last year, its cotton production likely to face a shortage of around 2.5 million cotton bales during current year, said Girdhari Lal of Pakistan Cotton Ginners Association.

With Pakistan’s cotton sowing remaining 25 percent lower this year compared to the last year, its cotton production likely to face a shortage of around 2.5 million cotton bales during current year, said Girdhari Lal of Pakistan Cotton Ginners Association.

Girdhari Lal further said that with country’s cotton demand hovers around 14 million bales while the production estimated at a little above 11 million bales. According to their estimates, around 2.5 million bales would need to be imported.

https://www.thenews.com.pk/print/146213-Cotton-production-feared-to-remain-short-of-25-million-bales
0

Cotton ginner face tough time with falling prices and shrinking profit margins

News Tags: Cotton Association of India, Cotton Ginners, Cotton ginning industry, cotton seed, face tough time, falling cotton prices, low export demand, major buyers like China, raw cotton, realization from processed cotton, Saurashtra Ginners Association, shrinking profit margin

Ahmedabad
Cotton ginner face tough time  with falling prices and shrinking profit margins
Summary: 
Cotton ginners are in a fix as export demand is less as major buyers like China have not turned up this time. This is hurting realization from processed cotton, thereby reducing profit margins for ginners, said Arvind Patel, Vice-President of Saurashtra Ginners’ Association (SGA), one of the largest clusters of the cotton ginning industry in the country.

Cotton ginners are in a fix as export demand is less as major buyers like China have not turned up this time. This is hurting realization from processed cotton, thereby reducing profit margins for ginners, said Arvind Patel, Vice-President of Saurashtra Ginners’ Association (SGA), one of the largest clusters of the cotton ginning industry in the country.

http://www.thehindubusinessline.com/economy/agri-business/ginning-margins-narrow-as-cotton-prices-slide/article7919793.ece
0

Cotton ginning industry faces loss due to weak prices

News Tags: almost half of ginning units not operational, Cotton ginning industry, cotton lint, cotton prices fallen, cotton seed, due to weak prices, facing loss on trading, Gujarat top cotton growing state, Punjab cotton ginners association, raw cotton, SGA

New Delhi
Cotton ginning industry faces loss due to weak prices
Summary: 
The cotton ginning industry facing loss of about Rs 8 crore a day on trading roughly around 80,000 bales every day due to weak prices. There are around 4,500 ginning units in the country, almost half of which are not operational at the moment

The cotton ginning industry facing loss of about Rs 8 crore a day on trading roughly around 80,000 bales every day due to weak prices. There are around 4,500 ginning units in the country, almost half of which are not operational at the moment

http://www.business-standard.com/article/companies/cotton-ginners-hit-due-to-weak-prices-115110400312_1.html
0

Focus on fine grade lint was seen during trading week

News Tags: Cotton growers, cotton seed, fine grade demand, KCA, Pakistan cotton market, physical prices on firm footing, second grade cotton, spot rate, Trading week

Karachi
Focus on fine grade lint was seen during trading week
Summary: 
During trading week, fine grade demand combined with buyers’ eagerness for fine and second grade cotton for blending purposes kept physical prices on firm footings. During trading activities sellers demanded slightly higher prices for better grades under slower than expected influx of cottonseed in the ginneries during past week, traders said.

During trading week, fine grade demand combined with buyers’ eagerness for fine and second grade cotton for blending purposes kept physical prices on firm footings. During trading activities sellers demanded slightly higher prices for better grades under slower than expected influx of cottonseed in the ginneries during past week, traders said.

http://www.dailytimes.com.pk/business/12-Apr-2015/fine-grade-lint-remains-in-focus-amid-range-bound-trading-past-week
0

Range-bound trading seen at major Punjab and Sindh cotton market in Pakistan

News Tags: cotton seed, cotton trading, lint, Pakistan cotton market, Punjab and Sindh market, range-bound trading, spinner

Karachi
Punjab and Sindh cotton market in Pakistan
Summary: 
Trading in major stations of Punjab and Sindh remained range-bound with growing demand for fine grades, while prices of all grades remained cost-effective. Spinners bought all grades on cautious note besides deals for selective lots in order to build up their inventories on Tuesday.

Trading in major stations of Punjab and Sindh remained range-bound with growing demand for fine grades, while prices of all grades remained cost-effective. Spinners bought all grades on cautious note besides deals for selective lots in order to build up their inventories on Tuesday.

But at some leading centres dull trading was seen due to political crisis, power crisis at textile units and ginneries, grade issue and liquidity problems to buyers.

http://www.dailytimes.com.pk/business/20-Aug-2014/buyers-remain-eager-for-fine-lint-amid-range-bound-trading
0

Pakistan working out strategy to make available quality cotton seed

News Tags: cotton seed, Pakistan cotton production

ISLAMABAD
Pakistan working out strategy to make available quality cotton seed
Summary: 
The Pakistan government having set cotton production target is now working out strategy to make available quality seed to it cotton growers. A joint strategy by Federal Seed Certification and Registration Department (FSC&RD), Ministry of National Food Security and Research and Seed Association of Pakistan (SAP) is being developed for availability of quality cotton seed for Kharif 2014-15.

The Pakistan government having set cotton production target is now working out strategy to make available quality seed to it cotton growers. A joint strategy by Federal Seed Certification and Registration Department (FSC&RD), Ministry of National Food Security and Research and Seed Association of Pakistan (SAP) is being developed for availability of quality cotton seed for Kharif 2014-15.

http://www.nation.com.pk/business/03-Mar-2014/monitoring-system-activated-in-markets-to-ensure-quality-cotton-seed
Cotton Linter
Company News
0

Sino Zim targets 17 percent rise in output of cotton Seed

News Tags: cotton industry, cotton seed, Sino Zim

Zimbabwe
Sino Zim targets 17 percent rise in output of cotton Seed
Summary: 
SINO Zimbabwe Cotton Holdings expects an increase in seed production now with the US$17 million ginning and spinning plant having officially opened and functional in December last year. The plant has two sections namely the ginnery and the spinning where an increase in seed production is certain.

SINO Zimbabwe Cotton Holdings expects an increase in seed production now with the US$17 million ginning and spinning plant having officially opened and functional in December last year. The plant has two sections namely the ginnery and the spinning where an increase in seed production is certain.

http://allafrica.com/stories/201401090326.html
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