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2018-04-03 10:42:00

Severe shortage of irritation water has resulted in cotton sowing not to take place in Punjab

Acute shortage of irritation water has resulted in cotton sowing not to take place in Punjab which would otherwise have started from April 1, 2018.Cotton sowing in lower Sindh is already suffering

2017-12-12 14:00:00

Spinners paying premium price to get quality lint

Prices at cotton market for the second time in the season seen crossing above the Rs7,000 mark to reach Rs7,050 per maund. However, strong buying was witnessed on Monday as spinners preferred to

2017-10-05 14:00:00

Order flow from spinners and exporters kept prices firm on cotton market

As the day progressed trading activity kept rising on strong demand and flow of buying orders from spinners and exporters kept cotton prices firm on Wednesday. Pakistan is expected to be one of the

2016-12-09 16:00:00

Cotton market firm and steady on selective buying from needy spinners

With selective buying for quality cotton from needy spinners kept cotton market firm and steady on Thursday. The Karachi Cotton Association officially increased spot rates by Rs50, to Rs6,300 per

2016-09-21 16:15:00

Panic buying from leading spinners seen fearing shortage this season

On rumours that India has deferred cotton exports until its crop size is finalized. There was panic buying from leading spinners to replenish their stocks fearing shortage of cotton due to short crop

2016-08-21 13:10:00

Rise in cotton prices seen on sustained buying by mills and spinners

Rise in cotton price was seen on sustained buying by mills and spinners on the cotton market on Saturday, dealers said. According to market sources, sustained demand by spinners and mills did not

2016-05-14 14:30:00

Cotton prices recover as spinners indulged in fresh buying

With spinners getting indulged in forward buying amid short supply position, prices recovered on the cotton market on Friday, dealers said. In the ready business, around 5000 bales of cotton changed

2016-05-06 15:00:00

Rise in cotton prices in response to high demand from spinners

At cotton market as mills rush to secure bales to meet their requirement ginners has raised asking prices in response to high demand from spinners. There is a moved upwards and prices have surged to

2016-04-02 14:00:00

Punjab govt finally announces reduction in VAT rate on yarn to 3.63pc

The Punjab Government has finally announced reduction in VAT rate on all kinds of yarn except polyester filament, from 6.5pc to 3.63pc. In this regard, the excise and taxation department issued a

2015-11-23 12:00:00

Punjab spinning industry pushed in crisis due to difference in VAT rate

Spinning mill owners of Ludhiana demand level playing field with their counterparts in other states as the spinning industry of Punjab is dying and already in huge debts, units are closing down owing

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