Cotton market remain stable

Karachi Cotton Exchange on Tuesday recorded normal trading activity, while spot rates stood unchanged at Rs6,350/maund (37.324kg) and Rs6,805/40kg. Ex-Karachi rates also remained unchanged at Rs6,485/maund and Rs6,950/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

KCE recorded seven transactions of around 4,500 bales from the new crop of Sindh and Punjab at a price of Rs6,275 to Rs6,550/ maund.

Of these, 1,000 bales of Shahdadpur, 1,000 bales of Tando Adam, 400 bales of Sinjhoro, 800 bales of Sanghar, 200 bales of Burewala, 400 bales of Chichawatni and 400 bales of Vehari were traded in the market.

According to an analyst, spinning mills are in demand of the cotton, while arrivals remained shorter than the demand keeping the prices firm.

Recent Posts

Teijin Frontier develops multi-functional comfort textile

Tokyo-based Teijin Frontier has developed a new multi-functional textile for sports and outdoor clothing that offers improved comfort and cooling…

2 hours ago

Telangana launches Singidi Collective promoting sustainable fashion

In a major step towards reviving Telangana’s handloom traditions and environmentally responsible fashion, BRS Working President launched Singidi Collective.

2 hours ago

Mini and BMW iX3 use recycled knitted fabrics

The latest Mini models make wide use of recycled knitted fabrics in their interiors, combining simplicity, sustainability, and modern aesthetics.

1 day ago

BRM showcases advanced webbing solutions for parachute applications

BRM, a leader in the design and manufacturing of engineered woven fabrics, has highlighted its advanced webbing solutions developed for…

1 day ago

Himachal Pradesh to promote cultivation of industrial hemp

Himachal Pradesh has announced a new policy to encourage regulated cultivation of industrial hemp, promoting plans for sustainable textiles products.

1 day ago

Yanpai orders needlepunch lines from Andritz

Zhejiang Yanpai Filter Technology has placed a new order with Andritz for two additional high-performance needlepunch production lines.

5 days ago