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2020-03-16 08:27:56
Cotton market sees sluggish trading activity
Official spot rate was down on the local cotton market on Saturday in the process of sluggish trading activity, dealers said. The official spot rate dropped by Rs 100 to Rs 8900, they added. In the
2019-06-12 00:00:00
Pakistan government to suspend gas supply for 3-month, textile exports to hit
Things are getting bad to worse for the textile industry in Pakistan. Exports growth was already down to a mere 0.4 per cent in October and may even decline in coming months if the government
2018-07-20 10:46:00
Postive trend on cotton market
Cotton analyst Naseem Usman said a spell of monsoon rains in Sindh could help growers to go for cotton sowing again in many areas and compensate earlier losses. The world leading cotton markets also
2018-03-29 10:59:00
Textile industry faces the heat
The exporters are not much optimistic about the implementation of the Rs180 bn export enhancement package announced by prime minister Nawaz Sharif in December. The package allowed the 4-7 pc rebate
2018-03-01 11:00:00
Vardhman Textiles starts hedging cotton prices on MCX
Vardhman Textiles Ltd (VTL) a Punjab based major integrated textile producer in India to cope up with the persistent volatility in cotton prices has started hedging on Multi Commodity Exchange of
2018-02-22 16:00:00
Moderate trading at cotton market
Trade activity remained moderate and lint prices stood firm during trading session at local cotton market. The buyers in Sindh and Punjab stations remained eager for quality lint while deals for
2018-02-03 17:00:00
Cheap Chinese imports via Bangladesh route hit local textile industry
China is exploiting and entering the Indian market at cheap price by routing its yarn and finished fabrics through Bangladesh route giving a difficult time to the textile industries at home,
2018-01-12 14:00:00
Physical prices remain firm on demand at cotton market
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
2018-01-05 14:00:00
Selective buying witnessed at cotton market
During the trading session at the cotton market due to shrinking of better grades of lint, leading buyer made deals for better grades at a slightly higher price to maintain their inventories. Buyers
2017-12-08 12:00:00
PTEA demands restoration of system gas for textile industry
Punjab based textile industry is already facing a serious blow of non-viability due to high cost of doing business. Moreover switching of system gas to high priced RLNG supply would serve to cripple
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