Trading at the cotton market remained slow with stable cotton and preparations for new crop in Pakistan are at a higher level. Cotton sowing has started in Sindh, but water scarcity might affect the production of the crop.
The spot rate at Karachi Cotton Exchange on Monday, remained unchanged. The spot rates remained unchanged at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also stood firm at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.
KCE recorded only two transactions of around 4,000 bales in between Rs6,900/maund to Rs6,975/maund.
According to an analyst, the cotton demand has increased in the world because of an increase in consumption, which has led even a large cotton producer India to import the lint. A giant cotton exporter like India is going to import the lint to fulfil its industry demand.
The BMW M Concept Neue Klasse features extensive use of sustainable natural fibre composites developed through BMW’s partnership with materials…
OXMAN’s latest research project, Vigils, presents an alternative approach to dyeing by using pigmented bacteria to create colour directly on…
Cotton made in Africa (CmiA) has received the highest “Excellent” rating from Siegelklarheit, the German sustainability label assessment platform.
Swimwear brand Arena is introducing its first collection made with Lycra EcoMade fibre, which is produced using 70% renewable, plant-based…
Xiamen Jude Webbing is addressing the technical demands of outdoor equipment by introducing four specialised production processes for high-performance webbing.
DOST-PTRI has launched an initiative to showcase nonwoven textiles made from locally sourced natural fibres as sustainable alternatives to synthetic…