Normal trading activity witnessed

At the Karachi Cotton Exchange, normal trading activity was witnessed on Wednesday, while spot rates increased Rs50/maund to Rs6,200/maund (37.324kg) and Rs6,645/40kg. Ex-Karachi rates also increased to Rs6,335/maund and Rs6,790/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

KCE recorded seven transactions changed hands of around 5,000 bales from Sindh at a price of Rs6,350/maund to Rs6,400/maund. Deals were noted from Hyderabad, Tando Adam, Kotri, Sanghar, Shahdadpur, Mirpurkhas and Sinjoro.

According to analyst, ginners remained successful in keeping the prices stable in the oversold market. Around 50 ginning factories have commenced operations, while buyers are still cautious in purchasing

After declining trend of a few weeks, market prices are going upward before the arrival of the new crop.

Recent Posts

Study links polyester shirts to higher microplastic exposure

A study has found that wearing polyester-containing T-shirts was associated with higher concentrations of airborne microplastics around participants’ breathing zones.

20 hours ago

Dow introduces silicone-based textile finish

Dow has introduced Dowsil IE-5619 DWOR Emulsion, a finishing technology designed to provide durable water repellency and resistance to oil-based…

20 hours ago

Oxman uses engineered bacteria to grow dye pigments on knitted silk

Design company Oxman has developed Vigils, a project demonstrating how engineered bacteria can produce indigo and melanin pigments directly on…

20 hours ago

Olymp introduces Livinguard Fresh odour-control technology

Olymp is introducing Livinguard Fresh odour-control technology across selected products, expanding the functional features of its officewear collection.

6 days ago

Ciele launches second Woolmark-certified collection

Ciele Athletics has introduced its second Woolmark-certified collection, expanding the use of merino wool across its cold-weather running apparel

6 days ago

Yeti launches merino wool apparel using Nuyarn’s technology

Yeti has expanded its presence in performance apparel with the launch of two merino wool styles developed using Nuyarn Technologies’…

6 days ago