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2018-01-24 15:00:00

Sales tax, duty on cotton imports withdrawn

The Federal Board of Revenue (FBRâ€™s) notification states that textile sector will avail the benefits on imports of raw and ginned cotton having withdrawn sales tax and customs duty on cotton

2018-01-15 16:00:00

India cotton traders cancel export deals after rally in domestic prices

The cancellations of export contracts and higher local prices could cut India's exports to 5 million bales, each of 170kg, in the 2017/18 marketing year started on 1 Octoberâ€”nearly a quarter

2017-11-22 17:00:00

Govt efforts in Pakistan increase textile exports

The Ministry of Commerce of Pakistan has claimed revival of growth in the export sector due to a positive growth of 7% y-o-y in July-October of the exports of textile and clothing . According to

2017-06-01 13:00:00

Slow demand from spinners eased cotton prices further

With slow demand from spinners on Thursday cotton prices eased further. The Karachi Cotton Association also reduced its spot rate by Rs50 on a maund (around 37 kilograms). According to yarn

2017-05-03 10:00:00

Farmers likely to increase acreage under cotton

With cotton crop able to fetch relatively higher prices in 2016-17 and is expected to sustain remuneration levels in the current fiscal as demand for cotton, especially by mills, is also rising and

2017-04-29 12:00:00

Pakistan expecting increase in textile exports of $500m by June

Pakistan government is eyeing more than $500 million increase in textile exports in next three months after achieving a 6.2 percent increase on year-on-year in March worth $1.064 billion. The

2016-05-13 13:00:00

Pakistan cotton industry to spend on cotton imports as drought hit crop

Bad weather has hurt both the quality and quantity of cotton harvested, leaving Pakistanâ€™s textile producers struggling as they face lack of supply and higher prices for import. The textile

2015-12-07 13:00:00

Pakistan likely to import more cotton bales from India

Demand from China may not see a rebound as normally it buys more than 50 per cent of Indiaâ€™s shipments. But Pakistan has, so far, contracted to import one million bales (170 kg each) of

2015-09-02 13:00:00

TCP likely to issue fresh tender once again to offload balance cotton

Trading Corporation of Pakistan (TCP) the state-run grain trader is facing difficulties in offloading cotton, procured on the federal government directives during the last season to support the

2015-05-16 11:00:00

Cotton prices in Pakistan domestic market persists its high rise

The rising cotton prices which had mind- numbing effects on the Pakistan market last week continue to remain fixed in the wake of the fact that the domestic market is left with only 200,00 bales of