The Karachi Cotton Exchange on Monday witnessed dull trading as many mills stopped lint buying, while some were engaged in price negotiations with the ginners.
The spot rates remained unchanged at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also stood firm at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.
Only one transaction was recorded at KCE of 400 bales from Khanpur at the rate of Rs7,000/maund.
According to Naseem Usman, chairman of the Karachi Cotton Brokers Association, the millers are waiting for their refunds, but the government is denying, saying they do not have funds. Even, textile package of Rs180 billion is not being provided to the sector.
Biella Yarn, the flat knitting brand of Suedwolle Group, has unveiled its Fall/Winter 2027/2028 collection, New Romance, at Pitti Filati…
DuPont has introduced its latest Tyvek APX protective fabric to the ASEAN market during the Thailand Safe@Work 2026 exhibition, held…
The Pakistan Readymade Garment Manufacturers and Exporters Association (PRGMEA), has joined the Apparel & Textile Transformation Initiative (ATTI).
W. L. Gore & Associates has unveiled new material innovations to help apparel manufacturers meet growing consumer demand for versatile…
Renfro Brands has expanded its partnership with supply chain technology provider Inspectorio to strengthen responsible sourcing, management, and traceability.
HKRITA has signed a landmark MoU with textile company Jeanologia and recycling specialist Looptworks to establish the Green Machine Circular…