Pakistan
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Prices maintained present levels on the cotton market on Monday in the process of trading activity, dealers said. The official spot rate was unchanged at Rs 8700, they added. In ready session, about 9,000 bales
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Speakers, on the occasion of World Cotton Day on October 7, urged the government to provide pure cotton seed and take necessary measures to tackle weather changes in the country. The Pakistan Institute of Cotton
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Unfavorable weather conditions, attack of Locusts, pests and viruses decrease the production of cotton and it is expected that only one crore (10,000,000) bales of cotton will be produced. Economy has to bear the burden
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Leading mills kept on the sidelines on cotton market on Saturday due to higher retas, dealers said. The official spot rate was unchanged at Rs 8700, they added. In ready session, about 7,000 bales of
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Delay in payment of billions of rupees refunds has restrained the exporters to run their industries due to liquidity and cash flow problems thus they are also unable to fulfill export commitments, exporters said. They
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Trade activity improved on the cotton market on Friday following the fears of short crop in the near future, dealers said. The official spot rate was unchanged at Rs 8700, they added. In ready session,
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The Cotton Crop Assessment Committee (CCAC) has revised downward cotton production target by around 33 percent, i.e. to 10.2 million bales against the initial target of 15 million bales set for the current season 2019-20,
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Untimely rains in the cotton belt, may cause further increase in the prices of lint on the local market on Thursday, dealers said. The official spot rate was unchanged at Rs 8700, they added. In
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Cotton futures rose more than 2 percent to a three-week high on Thursday on Sino-US trade optimism and expectations that the US Department of Agriculture will trim its cotton crop forecasts in next week's monthly
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Seed cotton (Phutti) equivalent to 2.933 million or 2,933,565 bales has reached ginneries across Pakistan till Oct 1, 2019, registering a 27.04 per cent shortfall compared to corresponding period of last year. Copyright Associated Press
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