Pakistan local markets witnessed renewed demand in almost all kinds of cotton after traders found the offered prices attractive. Trade turnover of cotton increased doubled to 6,000 bales (of 155 kilogram each), as several textile mill-owners found the offered price attractive to have bought the commodity, said a dealer at Karachi Cotton Exchange on Tuesday.
A few exporters took positions in low quality cotton.
The Karachi Cotton Association kept its official rate unchanged for the third working day at Rs5,450/maund.
Following deals were reported, traders bought 6,016 bales at Rs4,350 to Rs5,600/maund (37.324 kilogram) as compared to 2,854 bales bought at Rs5,400 to Rs5,500/maund a day ago.
On the global front, at New York cotton market, price of July futures contract dropped 0.77 cents/pound to 65.39 cents/pound, while price of October futures contract also inched down 0.77 cents/pound to 65.29 cents/pound.
Roica made its debut at Functional Fabric Fair Portland on October 27–28, 2026, showcasing textile innovations developed with European and…
Indian brand SNITCH has entered the men’s innerwear segment with the launch of UNDERPLAY, a collection featuring five styles priced…
Bangladesh is strengthening research and technology cooperation with China to modernise its jute industry and expand the production of high-value…
Brugnoli has partnered with The Lycra Company and Pissei to introduce PaceSetter showcasing the use of bio-based materials in high-performance…
SITRA and TTRI have signed a Memorandum of Understanding to strengthen research and technical cooperation in textile innovation and technology…
Primark has joined Denim Deal, strengthening the initiative’s efforts to scale the use of post-consumer recycled (PCR) cotton in denim…