Cotton trading remains focused on quality at lint market

News Tags: amid steady physical prices, Buyers made deals for better, cotton bales, Depleting stocks, focus on better grades of lint, KCE, kept quality conscious buyers, on front foot, premium prices, second grade of cotton, secondary buyers, Spinners, spot rate, trading at lint market

Karachi
Cotton trading remains focused on quality at lint market
Summary: 
Depleting stocks kept quality conscious buyers on front foot with focus on better grades of lint amid steady physical prices during trading at lint market. Buyers made deals for better and second grade of cotton on premium prices at around Rs 6,725-Rs 6,675 per maund.

Depleting stocks kept quality conscious buyers on front foot with focus on better grades of lint amid steady physical prices during trading at lint market. Buyers made deals for better and second grade of cotton on premium prices at around Rs 6,725-Rs 6,675 per maund.

Demand for better grades of lint would likely keep sellers in the driving seat until the arrival of 100,000 cotton bales imported. Sellers were steadfast in negotiating on their asking prices on the back of shrinking quality during trading session at major stations of Punjab and Sindh.

https://www.thenews.com.pk/print/253451-cotton-unchanged
0

Steady conditions prevail at cotton market

News Tags: both buyers and sellers, buyers indulged in short covering, cotton bales, cotton market on Wednesday, KCA, KCE, near future demands, panic buying, past two days no longer evident, rationalised their approach, spot rate, steady conditions prevailed

Karachi
Steady conditions prevail at cotton market
Summary: 
Panic buying of the past two days was no longer evident as both buyers and sellers seemed to have rationalised their approach and steady conditions prevailed on the cotton market on Wednesday as buyers indulged in short covering for their near future demands.

Panic buying of the past two days was no longer evident as both buyers and sellers seemed to have rationalised their approach and steady conditions prevailed on the cotton market on Wednesday as buyers indulged in short covering for their near future demands.

Pakistan Central Cotton Committee’s (PCCC) review has set aside all fears and apprehensions that were afloat about the size of the crop in the light of heat wave, smog and fog impact, said Naseem Usman, chairman Karachi Cotton Brokers’ Forum.

https://www.dawn.com/news/1372222/cotton-rates-firm-up-as-crop-size-fears-ruled-out
0

Cotton activity remain firm as prices began to stabilize

News Tags: cotton bales, KCA, leading buyers, level of prices, market estimates, overall behavior at cotton market firm, prices began to stabilise, remained above import parity, spot rate, stayed away from trading ring

Karachi
Cotton activity remain firm as prices began to stabilize
Summary: 
The overall behavior at cotton market on Thursday was firm and prices began to stabilise. Leading buyers stayed away from the trading ring . However, as per market estimates, the level of prices still remained above import parity.

The overall behavior at cotton market on Thursday was firm and prices began to stabilise. Leading buyers stayed away from the trading ring . However, as per market estimates, the level of prices still remained above import parity.

The current spell of rains in Punjab is being reckoned to be healthy for standing cotton plants and could help improve production. However, leading spinners seemed to be unwilling to take any risk and are keen to import cotton once duty is withdrawn.

https://www.dawn.com/news/1370949/cotton-prices-stabilise
0

Cotton market witnessed prices soaring to two month high

News Tags: 550 per maund on Thursday, another factor behind buying rush, coming weeks, cotton bales, Cotton market, imminent rupee devaluation, KCA, market talks suggest, millers fearing shortage of quality lint, price soared to two-month high, Rs6, spot rate, witnessed panic buying

Karachi
Cotton market witnessed prices soaring to two month high
Summary: 
Cotton market witnessed panic buying by millers fearing shortage of quality lint in coming weeks as the result pri¬ce soared to two-month high of Rs6,550 per maund on Thursday. However, market talks suggest of imminent rupee devaluation as another factor behind the buying rush.

Cotton market witnessed panic buying by millers fearing shortage of quality lint in coming weeks as the result pri¬ce soared to two-month high of Rs6,550 per maund on Thursday. However, market talks suggest of imminent rupee devaluation as another factor behind the buying rush.

Phutti (seed-cotton) arrivals remained robust meeting demand for quality cotton from spinners. The intense demand for cotton from spinners could well be judged for the fact that they purchased around 1.1 to 1.2 million bales more over the same period last year.

https://www.dawn.com/news/1366471
0

Rising trend in cotton prices seen over panic buying for quality lint

News Tags: cotton bales, cotton prices on Tuesday, Ginners, KCA, panic buying, phutti, quality issues continue to haunt, quality lint from buyers, remaining high, Rising trend seen, seed cotton arrivals, Spinners, spot rate, Textile Industry

Karachi
Rising trend in cotton prices seen over panic buying for quality lint
Summary: 
Rising trend seen in cotton prices on Tuesday with panic buying for quality lint from buyers. With Phutti (seed-cotton) arrivals remaining high, quality issues continue to haunt the textile industry.

Rising trend seen in cotton prices on Tuesday with panic buying for quality lint from buyers. With Phutti (seed-cotton) arrivals remaining high, quality issues continue to haunt the textile industry.

Growers have been raising phutti prices against which ginners were forced to increase cotton prices. On ready deals, prices moved higher to Rs6,500 per maund. Resultantly, official rates were also adjusted upward.

https://www.dawn.com/news/1366017
0

Firm trading activity witnessed at cotton market

News Tags: Buyers bought better grades of lint, cotton bales, Cotton market, forward deal, higher than market physical prices, improved demand from garments, KCE, Punjab and Sindh stations, raw grade of lint, sellers in the driving seat, spot rate, textile made up exporters, Trading activity remained firm, trading session

Karachi
Firm trading activity witnessed at cotton market
Summary: 
Trading activity remained firm at cotton market as buyers bought better grades of lint on higher than market physical prices during trading session in Punjab and Sindh stations, keeping sellers in the driving seat.

Trading activity remained firm at cotton market as buyers bought better grades of lint on higher than market physical prices during trading session in Punjab and Sindh stations, keeping sellers in the driving seat.

Buyers made deals in better and second grade of cotton on shrinking stocks. Spinners bought second grade of lint at around Rs 6,500-Rs 6,525 per maund, in parts of Sindh and Punjab stations.

http://dailytimes.com.pk/business/11-Oct-17/cotton-market--witnesses-firm-trading-
0

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

News Tags: arrival of seed cotton, Cotton market, Cotton picking, cotton prices firm, cotton producing districts, flow of buying orders, ginning units, ICAC, KCA, kept rising on strong demand, Pakistan expected to see rise in cotton consumption, spinners and exporters, spot rate, trading activity, world cotton production

Karachi
Order flow from spinners and exporters kept prices firm on cotton market
Summary: 
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 few countries in the world where cotton consumption would rise this year.

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 few countries in the world where cotton consumption would rise this year.

Cotton picking has started in most cotton producing districts of Punjab while many ginning units have also stated their operations. In coming days there is a possibility that higher arrival of phutti (seed cotton) could put cotton prices under pressure.

0

Renewed buying interest witnessed on cotton market

News Tags: allowed steady flow of buying orders, Cotton market, due to shortage of quality lots, global front, helping many spinners, Indian cotton prices, KCA, KCE, readily available lint, recorded moderate to active trading, Renewed buying interest witnessed, rushed back to replenish their stock, spinners unable to get stocks of their choice, spot rate

Karachi
Renewed buying interest witnessed  on cotton market
Summary: 
The cotton market on Tuesday recorded moderate to active trading with readily available lint allowed steady flow of buying orders, helping many spinners who rushed back to replenish their stock. Renewed buying interest was witnessed. However, due to shortage of quality lots many spinners were unable to get stocks of their choice.

The cotton market on Tuesday recorded moderate to active trading with readily available lint allowed steady flow of buying orders, helping many spinners who rushed back to replenish their stock. Renewed buying interest was witnessed. However, due to shortage of quality lots many spinners were unable to get stocks of their choice.

The rising demand helped phutti prices stabilise in the range of Rs2,800-3,000 per 40 kg for both Sindh and Punjab varieties. According to market reports, cotton prices could come under pressure once phutti arrival surges.

https://www.dawn.com/news/1361495
0

Cotton market opened dreary as buyer and sellers stayed away

News Tags: cotton picking activity at halt, cotton producing districts, Karachi Cotton Association, mark Ashura, monotonous as buyers and sellers stayed away, Pakistan cotton market, phutti, prices under pressure, Punjab variety, seed cotton, Sindh quality, slackness in cotton demand, Spinners, spot rate

Karachi
Cotton market opened dreary as buyer and sellers stayed away
Summary: 
The cotton market on Monday began monotonous as buyers and sellers stayed away. Due to slackness in cotton demand, phutti (seed cotton) prices also remained under pressure and were quoted between Rs2,800-3,000 per 40kg for Sindh quality and Rs2,800-3,050 per 40kg for Punjab variety.

The cotton market on Monday began monotonous as buyers and sellers stayed away. Due to slackness in cotton demand, phutti (seed cotton) prices also remained under pressure and were quoted between Rs2,800-3,000 per 40kg for Sindh quality and Rs2,800-3,050 per 40kg for Punjab variety.

Ginner were holding onto stocks from earlier on since cotton picking activity came to a complete halt over the weekend to mark Ashura. According to a leading cotton broker, it will be a couple of days before trading normalises.

https://www.dawn.com/news/1361295/week-opens-with-listless-cotton-trading
0

Active trading activity continued on the cotton market

News Tags: cotton arrival, Cotton market, Karachi cotton exchange, kept trading activity brisk, needy spinners, pushed lint prices higher, rising trend in prices, second consecutive session on Thursday, selling pressure checked, some exporters, spot rate, strong demand, trading session

Karachi
Active trading activity continued on the cotton market
Summary: 
Strong demand from needy spinners and some exporters pushed lint prices higher and kept trading activity brisk on the cotton market for the second consecutive session on Thursday. Consequently, during second half of the trading session selling pressure checked the rising trend in prices.

Strong demand from needy spinners and some exporters pushed lint prices higher and kept trading activity brisk on the cotton market for the second consecutive session on Thursday. Consequently, during second half of the trading session selling pressure checked the rising trend in prices.

However, by and large buyers remained in the forefront and tried to get hold of quality lots. As a result prices moved higher by Rs50 in ready trading. The official spot rates were also revised higher by Rs50 to Rs6,100 per maund.

https://www.dawn.com/news/1356297/commodities-buying-spree-continues-on-cotton-market
0
 
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