Karachi cotton market failed to see any trading activity; in fact officially no deal was recorded. The Karachi Cotton Association (KCA) spot rates also remained unchanged. But it is likely to witness brisk trading activity with the arrival of new crop.
Presently, the Pakistani millers are going through shortage of quality lint as most of the stocks held by ginners are mostly of lower quality from last crop.
Cotton fields have reported that crop in both Sindh and Punjab so far is maturing normally.
However, millers are eagerly waiting for new crop arrival likely to end soon as the new crop from Sindh is expected by the end of this month. However, there is some delay in cotton crop arrival in Punjab due to late sowing.
According to brokers, the heavy monsoon shower and floods might cause damage, otherwise the country could harvest good cotton crop this season.
Avavav has continued its exploration of innovative materials by presenting new garments made with recycled viscose pulp from OnceMore during…
Vegea has increased the production capacity of its biobased material, GrapeSkin, as interest grows in alternatives to fossil-based and animal-derived…
Puma has announced a partnership with Chinese materials company Shincell to develop the next generation of its NITRO running foam.
Thermore, a company in thermal insulation, has introduced Ecodown Fibers T2T. The new free-fibre insulation is produced entirely from recycled…
Eurojersey, Lycra have collaborated to launch Empowered Play, a new approach to functional apparel where technical performance and comfort come…
Graphene-X has introduced its first women’s clothing collection, expanding its use of graphene-integrated fabrics beyond the men’s and unisex products.