The price of prime quality cotton witnessed decline by Rs50 per maund to Rs4,750 per maund at open markets in Pakistan on Friday. The Karachi Cotton Association (KCA) also revised down its official rate by Rs50 per maund (37.324 kilogram) to Rs4,600 per maund to reflect adjustment in the commodity price.
The prices were dropped after Banola’s (cotton oil seeds) price decreased by Rs100 to Rs1,150/40kg, at the time when buying should pick up significantly, as last year’s build stocks of cotton with textile mills are believed to be finished by September-end, a broker at Karachi Cotton Exchange said.
However, KCA noticed that traders bought 12,000 bales at Rs4,700 to Rs4,750 per maund (37.324 kilogram) as compared to 12,400 bales bought at a similar price a day ago.
HKRITA has developed an intelligent clothing system that can automatically adjust its thermal insulation according to changes in temperature.
British knitwear manufacturer John Smedley and London-based fashion label Wales Bonner have released their second co-branded collection for Autumn/Winter 2026.
ReFiber has launched a campaign to collect unused clothes from consumers and help address the growing problem of post-consumer textile…
Swedish outdoor brand Peak Performance has introduced its new Treeline shell collection, designed for people who enjoy outdoor activities throughout…
Xtep has launched its new flagship marathon running shoe range, the 160X 8.0 Ultra, featuring a high-end GT1200 carbon sole…
Researchers at National University of Singapore have developed a method to transform difficult-to-recycle carbon fibre and epoxy composite waste into…