Decline in cotton rates see improvement in trading turnover in Pakistan

Cotton market pulled yarn manufacturers attention with the decline in cotton rates to make some buying, helping improve the situation of cotton trading turnover in Pakistan. It was low trade activities which had continued for the last many weeks impelled the ginners to reduce the price. The price of the commodity saw a decline by around Rs200 per maund to Rs6,800 per maund.

For the moment, the KCA tried to maintain its cotton spot rate at Rs6,850 per maund, remaining unchanged for the fifth working day.

Traders exchanged 2,031 bales (155 kilograms) at Rs6,300 to Rs6,800 per maund as compared to 1,000 bales traded at Rs6,800 to Rs7,000 per maund a day ago. The 2,031 bales included 400 bales exchanged at Rs7,000 on ‘credit’ at Hasilpur trading station, the Karachi Cotton Association (KCA) reported.

Recent Posts

Biella Yarn launches collection combining yarns with human senses

Biella Yarn, the flat knitting brand of Suedwolle Group, has unveiled its Fall/Winter 2027/2028 collection, New Romance, at Pitti Filati…

24 hours ago

DuPont launches Tyvek APX protective fabric

DuPont has introduced its latest Tyvek APX protective fabric to the ASEAN market during the Thailand Safe@Work 2026 exhibition, held…

24 hours ago

PRGMEA joins ATTI to accelerate industry decarbonization

The Pakistan Readymade Garment Manufacturers and Exporters Association (PRGMEA), has joined the Apparel & Textile Transformation Initiative (ATTI).

24 hours ago

Gore introduces material innovations focused on performance and circularity

W. L. Gore & Associates has unveiled new material innovations to help apparel manufacturers meet growing consumer demand for versatile…

2 days ago

Renfro Brands, Inspectorio to strengthen supply chain traceability

Renfro Brands has expanded its partnership with supply chain technology provider Inspectorio to strengthen responsible sourcing, management, and traceability.

2 days ago

HKRITA partners to launch circular textile recycling ecosystem

HKRITA has signed a landmark MoU with textile company Jeanologia and recycling specialist Looptworks to establish the Green Machine Circular…

2 days ago