Pakistan CottonMarket Updates: November 3, 2015

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Cotton arrival decreased by 22.87% – 01:30 PM – November 03, 2015

According to PCGA arrival report as of 01st November 2015, about 1,916,819 less bales have arrived in comparison to last year in the same period. Total cotton arrival for 2015-16, as of 01st November 2015, are 6,465,600 bales, which is about 22.87% Lower than last year’s season for the same period:2014-15; in which 8,382,419 bales had arrived.


Today KCA Spot Rate – 12:35 PM – November 03, 2015

Today Karachi Cotton Association (KCA) spot price decreased  by 50 at (New Crop 2015 -16) 5400 per maund Ex- Gin.


Punjab Cotton Market overnight Commentary – 12:25 PM – November 03, 2015

Yesterday – 2/11/2015: The Punjab market was decreased. Cotton (Crop 2015-16) was traded at an idea price between the ranges of Rs. 5500 – 5600 per maund and Seed cotton (phutty) new Crop 2015-16 @Rs.2400 – 3050 per maund.


Sindh Cotton Market overnight Commentary – 12:15 PM – November 03, 2015

The Sindh cotton market was also increased yesterday 2/11/2015. Cotton (New Crop 2015-16) was traded at an  idea price  between the ranges of Rs 4700- 5500 per maund, and Seed cotton (phutty) new crop 2015-16 at Rs.2400 – 3175 per maund.


PCGA Arrival Report – 12:00 PM – November 03, 2015

From PCGA 03-11-2015
Data of Pak. as on 01-11-2015
Arrival 6,465,600
Last Year Arrival 8,382,419
Last Year Stock 2,083,034
This Year F-Flow 1,801,724
Last Year F-Flow 3,038,035
Factories in Operation 993

NYBOT Cotton Future Contracts Closing – 09:20 AM – November 03, 2015

As on 02nd November 2015 (1 USD = 105.00 PKR)

Month C/lbs PKR / maund
Dec 15 63.29 5468.18
Mar 16 63.13 5454.36
May 16 63.76 5508.79
Jul 16 64.09 5537.30
Dec 16 63.42 5479.41

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