Trading at cotton market stable with increase in cotton demand as mills are going for more buying, amid a decline in production and surge in consumption.
At the Karachi Cotton Exchange on Tuesday witnessed normal trading with spot rates remaining unchanged.
KCE recorded domestic transactions of around 5,000 bales in between Rs6,700/maund to Rs7,000/maund from six stations that included Fort Abbas, Dharanwala, Maroot, Haroonabad, Hasilpur and Mian Channu.
The spot rates stood firm at Rs6,650/maund (37.324kg) and Rs7,127/40kg. Ex-Karachi rates also remained unchanged at Rs6,785/maund and Rs7,272/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.
According to analyst, lint prices are likely to remain up, as prices in the international market had increased and some deals with India are likely to be cancelled, as they are demanding higher prices against booking rates.
Intrinsic Advanced Materials (IAM) is working to increase the use of its Ciclo technology, a biodegradable additive used in polyester…
Lilysilk, a China-based silk apparel brand known for its premium products, has introduced its new SilkContour Collection.
Armedangels is introducing a unisex windbreaker aimed at reducing the use of synthetic materials in outerwear.
Surforce Group has announced that its low-carbon technology for functional nanofiber nonwoven materials has successfully passed official evaluation.
Roica by Asahi Kasei will present a curated range of advanced textile innovations at Performance Days 2026.
SeaDyes has entered the company creation phase of Scottish Enterprise’s High Growth Spinout Programme after receiving £200,000 in funding.