Steady conditions prevailed at cotton market

News Tags: buyers kept looking for quality lots, Conditions at cotton market on Thursday, cotton prices rose, demand for cotton yarn, grey fabric rising, KCA, remained steady, spot rate, strong demand for quality lint from spinners, strong demand from textile industry, who strived to build up inventories. shortage of quality lint disappointed many

KARACHI
Steady conditions prevailed at cotton market
Summary: 
Conditions at cotton market on Thursday remained steady as buyers kept looking for quality lots and strong demand for quality lint from spinners who strived to build up their inventories. However, shortage of quality lint disappointed many.

Conditions at cotton market on Thursday remained steady as buyers kept looking for quality lots and strong demand for quality lint from spinners who strived to build up their inventories. However, shortage of quality lint disappointed many.

With the current cotton season (2017-18) fast nearing its end, some panic was seen among spinners who were still short of cotton stocks.

The issue of shortage is primarily related to small spinners who were unable to import cotton to meet their seasonal demand, brokers said.

https://www.dawn.com/news/1391146/cotton-prices-stable-on-strong-demand
0

Moderate trading at cotton market

News Tags: better quality lint, buyers in Sindh and Punjab stations, changed hands between leading buyers and sellers, deals for second grade of cotton, KCA, KCE, lint prices stood firm, premium price, remained eager for quality lint, spot rate, Trade activity remained moderate, trading session at local cotton market

Karachi
Moderate trading at cotton market
Summary: 
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 second grade of cotton changed hands between leading buyers and sellers on premium price around Rs 7,125 per maund.

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 second grade of cotton changed hands between leading buyers and sellers on premium price around Rs 7,125 per maund.

The second grade of lint for blending purpose would remain in higher demand along with growing demand for better grades of lint on slightly higher price by the textile sector.

https://www.thenews.com.pk/print/283978-cotton-unchanged
0

Dull trading activity seen at cotton market

News Tags: continuing to influence domestic trading, cotton bales, cotton yarn and grey fabric by buyer, depressed yarn and grey fabric markets, global trend, KCA, KEA, PCGA, pushed cotton prices under pressure, slow off take, spot rate, taking a toll over, trading at cotton market on Monday, workings of the cotton market

Karachi
Dull trading activity seen at cotton market
Summary: 
Slow off take of cotton yarn and grey fabric by buyer, once again pushed cotton prices under pressure when trading resumed on Monday at cotton market. The depressed yarn and grey fabric markets are taking a toll over the workings of the cotton market, with global trend continuing to influence domestic trading, brokers said.

Slow off take of cotton yarn and grey fabric by buyer, once again pushed cotton prices under pressure when trading resumed on Monday at cotton market. The depressed yarn and grey fabric markets are taking a toll over the workings of the cotton market, with global trend continuing to influence domestic trading, brokers said.

Leading spinners continue to be absent while some small spinners indulge in buying on a day-to-day basis resulting in erratic market behavior.
Brokers said that leading spinners holding substantial cotton inventories have booked lint for import.

https://www.dawn.com/news/1390477/dismal-trading-on-cotton-market
0

Insipid conditions continue at cotton market

News Tags: cotton bales, cotton market on Thursday, depressed local market, domestic market, falling world cotton prices, ginners keen to enter into deals, grey cloth, insipid conditions continue, KCA, KCE, kept spinners away from trading ring, little buying interest, Sluggish off-take of cotton yarn, spot rate

Karachi
Insipid conditions continue at cotton market
Summary: 
The sluggish off-take of cotton yarn and grey cloth in the domestic market has kept spinners away from the trading ring. With little buying interest, insipid conditions continue at the cotton market on Thursday. Though ginners were keen to enter into deals but falling world cotton prices have further depressed the local market.

The sluggish off-take of cotton yarn and grey cloth in the domestic market has kept spinners away from the trading ring. With little buying interest, insipid conditions continue at the cotton market on Thursday. Though ginners were keen to enter into deals but falling world cotton prices have further depressed the local market.

https://www.dawn.com/news/1389685/commodities-lethargy-continues-on-cotton-market
0

Dull trading activity continues at cotton market

News Tags: adding lint to their inventory, amid uncertain outlook, Barring a few deals finalised, Cotton market, discouraged spinners, KCA, kept to the sidelines, lackluster on Wednesday, leading buyers, slow demand for cotton yarn and grey cloth, some small spinners, spot rate, trading activity, value-added textile sector

Karachi
Dull trading activity continues at cotton market
Summary: 
The trading activity at cotton market remained lackluster on Wednesday as leading buyers kept to the sidelines amid uncertain outlook. Barring a few deals finalised by some small spinners. Slow demand for cotton yarn and grey cloth from the value-added textile sector discouraged spinners from further adding lint to their inventory.

The trading activity at cotton market remained lackluster on Wednesday as leading buyers kept to the sidelines amid uncertain outlook. Barring a few deals finalised by some small spinners. Slow demand for cotton yarn and grey cloth from the value-added textile sector discouraged spinners from further adding lint to their inventory.

There are strong indications that the current cotton season could be shorter than normal as very little phutti (seed cotton) has been left behind in the fields.

https://www.dawn.com/news/1389416/commodities-insipid-conditions-on-cotton-market
0

Slow and restricted trading seen at cotton market

News Tags: barring a few small and needy spinners, cotton market on Tuesday, cotton yarn, dull trading, KCA, KCE, Poor demand for lint. leading spinners, spot rate, trading activity slow and restricted, trading ring gave a deserted look

Karachi
Slow and restricted trading seen at cotton market
Summary: 
Due to poor demand for lint from leading spinners. Barring a few small and needy spinners, the trading ring gave a deserted look which keep trading activity slow and restricted at the cotton market on Tuesday.

Due to poor demand for lint from leading spinners. Barring a few small and needy spinners, the trading ring gave a deserted look which keep trading activity slow and restricted at the cotton market on Tuesday.

Sluggish off-take of yarn locally and falling world cotton prices continued to depress lint rates. Leading spinners already having long positions were conspicuous by their absence.

At the Karachi Cotton Association (KCA) spot rates were firm at overnight level of Rs7,000 per maund.

https://www.thenews.com.pk/print/280652-cottonunchanged
0

Prices declined further at cotton market

News Tags: absence of buying interest, came under pressure and moved lowered, decline in cotton prices, falling cotton prices, Ginners, KCA, local spinners, phutti (seed cotton), spot rate

Karachi
Prices declined further at cotton market
Summary: 
The absence of buying interest from local spinners witnessed further decline in cotton prices on Thursday. Due to falling cotton prices, phutti (seed cotton) also came under pressure and moved lowered.

The absence of buying interest from local spinners witnessed further decline in cotton prices on Thursday. Due to falling cotton prices, phutti (seed cotton) also came under pressure and moved lowered.

Ginners are perturbed by the situation as they are still holding substantial quantity of unsold cotton. Barring a few needy spinners who replenished their stocks, the market otherwise remained devoid of activity.

A large number of looms are reported to have shutdown in Faisalabad owing to the flooding of grey cloth coming from India and China via Dubai.

https://www.dawn.com/news/1388196/cotton-prices-fall
0

Prices remain under pressure at cotton market

News Tags: downward trend, influenced by world cotton market, Karachi Cotton Association, kept cotton prices under pressure, lack of buying interest, local textile industry, lower level, market remained devoid of much needed activity, revival of buying interest, second consecutive day on Wednesday, spot rate

Karachi
Prices remain under pressure at cotton market
Summary: 
The lack of buying interest from local textile industry influenced by world cotton markets’ downward trend, kept cotton prices under pressure for the second consecutive day on Wednesday. Although there was a revival of buying interest at the lower level yet the market remained devoid of much-needed activity.

The lack of buying interest from local textile industry influenced by world cotton markets’ downward trend, kept cotton prices under pressure for the second consecutive day on Wednesday. Although there was a revival of buying interest at the lower level yet the market remained devoid of much-needed activity.

https://www.dawn.com/news/1388009/lacklustre-trading-on-cotton-market
0

Cotton prices continues to slip

News Tags: amid slow demand from spinners, CCI, cotton bales, Cotton prices continued to slide, KCA, on Wednesday at cotton market. Ginners holding substantial stocks, rapidly falling prices, spot rate, suffer huge losses, third consecutive session, unsold cotton

Karachi
Cotton prices continues to slip
Summary: 
Cotton prices continued to slide for the third consecutive session amid slow demand from the spinners on Wednesday. Ginners holding substantial stocks of unsold cotton and with rapidly falling prices are likely to suffer huge losses.

Cotton prices continued to slide for the third consecutive session amid slow demand from the spinners on Wednesday. Ginners holding substantial stocks of unsold cotton and with rapidly falling prices are likely to suffer huge losses.

Cotton broker Adil Naseem said that the declining lint price trend indicated that a weaker US dollar against other leading currencies is impacting commodity prices.

https://www.dawn.com/news/1386543/cotton-prices-slip
0

Cotton prices moving further lower

News Tags: after dull trading activity cotton market, cotton bales, cotton prices, falling cotton prices, impacted phutti negatively, KCA, KCE, moving further lower on Tuesday, Punjab quality, Sindh variety, Spinners, spot rate, Textile spinning sector

Karachi
Cotton prices moving further lower
Summary: 
Cotton prices moving further lower on Tuesday after dull trading activity at cotton market. Falling cotton prices also impacted phutti (seed cotton) negatively, with Punjab quality being quoted between Rs2,700-2,900 and Sindh variety in the range of Rs2,700-3,300 per 40kg. Previously phutti prices were being quoted between Rs2,900-3,500 per 40kg.

Cotton prices moving further lower on Tuesday after dull trading activity at cotton market. Falling cotton prices also impacted phutti (seed cotton) negatively, with Punjab quality being quoted between Rs2,700-2,900 and Sindh variety in the range of Rs2,700-3,300 per 40kg. Previously phutti prices were being quoted between Rs2,900-3,500 per 40kg.

However, some buying interest was noted at the lower level as many spinners preferred to cover up their positions amid falling cotton prices.

https://www.dawn.com/news/1386280/cotton-prices-fall
0
 
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