Due to rise in the demand from the textile industry, the cotton market maintained an upward trend on Saturday with most of the buying confined to premium quality lint at Rs6,000/maund, dealers said.
According to cotton dealers, around 6,400 bales of cotton by different traders in Sindh and Punjab were finalised at an average price of Rs5,500/maund. However, the low quality cotton was being traded somewhere around Rs4,000/maund.
Spinning mills seem busy in short covering, as demand for yarn and textiles starts picking up momentum.
Meanwhile, the Karachi Cotton Association kept the official spot rate unchanged at Rs5,650/maund, or 37.324 kilogram.
Dealers anticipate the commodity to remain trade at the support level of Rs6,000/maund next week.
Toray Industries has developed a polyester-nylon composite fibre, addressing technical challenges associated with combining recycled polymers.
Suedwolle Group, UTO and The Lycra Company to develop a performance activewear collection incorporating polyester fibre made from recycled textile…
Triarchy has launched its first collection using WTRLSS digital dyeing technology, which can reduce water consumption in dyeing and finishing…
DNM Denim is introducing advanced finishing techniques and alternative fibre blends in its SS 28 collection, with a focus on…
Bcomp has partnered with vehicle manufacturer Polestar to incorporate its lightweight, bio-based materials into the Polestar 5 four-door electric grand…
Outerknown has expanded its Woolaroo collection for Fall 2026, introducing fleece garments made with MWool recycled wool from textile manufacturer…