Cotton prices remain lower under selling pressure

News Tags: cotton prices, decline in lint prices, ginners long position rushed to unload stock, KCA, lower, lower export orders for yarn, Pakistan cotton market, selling pressure, Spinners, spot rate

Karachi
Cotton prices remain lower under selling pressure
Summary: 
Cotton prices remained lower on Wednesday as ginners fearing further decline in lint prices having long position rushed to unload their stocks at Pakistan cotton market.

Cotton prices remained lower on Wednesday as ginners fearing further decline in lint prices having long position rushed to unload their stocks at Pakistan cotton market.

According to floor brokers, slow moving cotton demand from spinners in front of lower export orders for yarn and high prices of cotton compared to import parity kept prices under pressure.

The situation is highly perplexed because short crop and poor demand from China owning to high cost of Pakistani yarn against Indian and Vietnamese variety kept trading activity slow and restricted.

http://www.dawn.com/news/1217500/cotton-prices-remain-under-pressure
0

Cotton body lowers its output estimate for current season ending

News Tags: Cotton Association of India, crop output, lower

Mumbai
Cotton body lowers its output estimate for current season ending
Summary: 
The Cotton Association of India last month had estimated the cotton crop output at 378.75 lakh bales which has been lowered marginally to 376 lakh bales (of 170 kg each) for the current season ending in September.

The Cotton Association of India last month had estimated the cotton crop output at 378.75 lakh bales which has been lowered marginally to 376 lakh bales (of 170 kg each) for the current season ending in September.

Crop output in the central region including Gujarat, Maharashtra and Madhya Pradesh is expected to increase 19 per cent to 218 lakh bales against 183 lakh bales last year. In the North Zone comprising Punjab, Haryana and Rajasthan, it will be down 15 per cent to 53 lakh bales (62 lakh bales).

http://www.thehindubusinessline.com/industry-and-economy/agri-biz/cotton-body-cuts-output-estimate/article5579175.ece
Cotton Linter
Company News
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Chargeurs Fashion Technologies, the world\'s second-largest apparel interlinings manufacturer, is acquiring Precision Custom Coating\'s interlinings business  
  18 Jul , 2018 Read full story  
Chinese investments flow into the textile industry of Uzbekistan show an increase  
  18 Jul , 2018 Read full story  
Directa Plus\'s graphene enhanced textiles project moves forward with further order  
  18 Jul , 2018 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button