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

Swift trading activity was witnessed at the Pakistan cotton market

News Tags: cotton bales, cotton further, cotton price, cotton trading, mill, Pakistan textile sector, seed cotton, spinner, spot rate

Karachi
Swift trading activity was witnessed at the Pakistan cotton market
Summary: 
As mills and spinners took interest in fresh buying to cover their immediate needs some swift trading was witnessed on the cotton market on Wednesday. In ready session, approximately 15000 bales of cotton changed hands between Rs 5350-5550, however, prices of seed cotton in Sindh and Punjab dropped modestly to Rs 2650-2700. The official spot rate increased further by Rs.75 to Rs5375.

As mills and spinners took interest in fresh buying to cover their immediate needs some swift trading was witnessed on the cotton market on Wednesday. In ready session, approximately 15000 bales of cotton changed hands between Rs 5350-5550, however, prices of seed cotton in Sindh and Punjab dropped modestly to Rs 2650-2700. The official spot rate increased further by Rs.75 to Rs5375.
 

http://www.brecorder.com/cotton-a-textiles/185:pakistan/1210592:cotton-market-trading-activity-gains-momentum/
Cotton Fiber
0

Putting off cotton buying only solution to foresee price lower in near future by textile mills

News Tags: cotton buying, cotton export, cotton price, cotton season, cotton yarn export, ICAC report, new crop arrive, Oswal, spinner, textile mill

Mumbai
Putting off cotton buying only solution to foresee price lower in near future by
Summary: 
Textiles mills and spinners has decided put off buying cotton and has taken to wait-and-watch approach to stocking the commodity, as they feel that when new crop arrives in a couple of month, supply will improve and prices will drop.

Textiles mills and spinners has decided put off buying cotton and has taken to wait-and-watch approach to stocking the commodity, as they feel that when new crop arrives in a couple of month, supply will improve and prices will drop.
 

http://www.business-standard.com/article/markets/textile-mills-spinners-postpone-cotton-buying-as-prices-are-expected-to-fall-114080601083_1.html
Cotton Fiber
0

Egypt wanting to expand its base of African cotton suppliers

News Tags: cotton, cotton importation, Egypt, Egyptian cotton industry, Ethiopia, exports, Imports, long stable cotton, short stable, spinner, weaver

Egypt
Egypt wanting to expand its base of African cotton suppliers
Summary: 
Egyptian cotton is extra long stable and they want to import short stable for which the spinners and weavers want to open more countries to be a source of cotton importation. They want to import short stable to produce a coarser yarn for T-shirts, for denim.

Egyptian cotton is extra long stable and they want to import short stable for which the spinners and weavers want to open more countries to be a source of cotton importation. They want to import short stable to produce a coarser yarn for T-shirts, for denim.

http://www.theafricareport.com/North-Africa/egypt-seeks-more-cotton-imports-from-african-countries.html
Cotton Yarn 100%
0

SGT decides on setting up a state-of-the-art yarn manufacturing facility in Rockingham County

News Tags: Shri Govindaraja Textile, spinner, state-of-the-art, textile operation, yarn manufacturing facility

Eden
SGT  decides on settin up a state-of-the-art yarn manufacturing facility in Eden
Summary: 
Shri Govindaraja Textiles part of the Jayavilas Group of Aruppukottai in Virudhunagar district. The group is the largest spinner in India with a total installed capacity of 1.1 million spindles and a workforce of 30,000 persons has announced it plans to set up its textile operations in Rockingham County in the US with an investment of more than $40 million and create 84 jobs over the next two years in Eden.

Shri Govindaraja Textiles part of the Jayavilas Group of Aruppukottai in Virudhunagar district. The group is the largest spinner in India with a total installed capacity of 1.1 million spindles and a workforce of 30,000 persons has announced it plans to set up its textile operations in Rockingham County in the US with an investment of more than $40 million and create 84 jobs over the next two years in Eden.

http://www.indiantextilemagazine.in/corporate-news/shri-govindaraja-textiles-set-operations-rockingham-county/
Textile Auxiliaries
Company News
0

Spinners, garment manufacturers strongly discord over duty on yarn imports

News Tags: cotton yarn import, garment manufacturer, spinner

Lahore
Spinners, garment manufacturers strongly discord over duty on yarn imports
Summary: 
The Pakistan spinners and garments manufacturers both having strong line of reasoning to support their positions over the duty on yarn imports the ministry is left to find a solution somewhere in the middle to protect the interests of both.

The Pakistan spinners and garments manufacturers both having strong line of reasoning to support their positions over the duty on yarn imports the ministry is left to find a solution somewhere in the middle to protect the interests of both.

Aptma’s recent demand for withdrawal of the duty exemption on India’s yarn to restrict its imports after New Delhi announced the 4pc rebate on its exports after the EU grant Pakistan GSP+ status. Former Aptma-Punjab chairman Shahzad Ali Khan said that the rebate on its yarn exports means that India will become much cheaper than them.

http://www.dawn.com/news/1093797/prgmea-aptma-in-tiff-over-duty-on-yarn-imports
Cotton Yarn 100%
Company News
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Alif Industries to invest Tk 400cr to expand its business in garment sector  
  23 Feb , 2018 Read full story  
Steady conditions prevailed at cotton market  
  23 Feb , 2018 Read full story  
Cotam Enterprises to build new textile complex in Turkmenistan  
  23 Feb , 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