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.
MISSION, a provider of wearable cooling products and sun-protection performance accessories, has introduced its range called the Cool Compression Collection.
Jeanologia introduced Billy AI, a new artificial intelligence platform that can create accurate laser designs directly from a photograph of…
Hyosung TNC is set to present its latest fibre innovations at Performance Days, highlighting the growing demand for soft stretch…
eVent Fabrics and Allied Feather + Down launch down jacket to solve the problem of build-up of moisture both inside…
Circ, based in Danville, Virginia, has announced a new partnership with Xinxiang Bailu Chemical Fiber, one of the world’s major…
Lycra will introduce its new Coolmax CloakFX fibre, designed to make garments look drier by reducing the visibility of sweat…