Pakistan Cotton Market Updates: December 7, 2015

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Today KCA Spot Rate– 12:35 PM – December 07, 2015

Today Karachi Cotton Association (KCA) spot price unchanged at (New Crop 2015 -16) 5200 per maund Ex- Gin


Sindh Cotton Market Overnight Commentary – 12:15 PM – December 07, 2015

The Sindh cotton market was a bit decreased on Friday 04/12/2015. Cotton (New Crop 2015-16) was traded at an idea price of between Rs 4800- 5475 per maund, and Seed cotton (phutty) new crop 2015-16 between Rs.2000 – 2900 per maund. While on Saturday 5/12/2015 prices were not available due to local body election.


Punjab Cotton Market Overnight Commentary – 12:10 PM – December 07, 2015

Friday – 04/12/2015: The Punjab market had almost been stable. Cotton (Crop 2015-16) was traded at an idea price between the ranges of Rs. 5300 – 5600 per maund and Seed cotton (phutty) new Crop 2015-16 @Rs 1600 – 3200 per maund. While for  Saturday 5/12/2015 price were not available due to local body election.


Cotton arrival drops by 40pc to just 5.1m bales in Punjab – 11:50 AM – December 07, 2015

Cotton arrival up to 1st December 2015 has dropped to just 5.1 million bales against 8.5 million bales of last year in Punjab, a decline of 40 per cent.The failure of cotton crop in Punjab would further worsen the textile industry crisis in Pakistan, industry experts said and added that a decline of 40 per cent in cotton arrival in Punjab must be an eye-opener to the economic managers of the country, who are living in a state of denial so far as the problems of the cotton economy are concerned


NYBOT Cotton Future Contracts Closing – 10:15 AM – December 07, 2015

As on 04th December 2015 (1 USD = 105.00 PKR)

Month C/lbs PKR / maund
Mar 16 64.71 5590.87
May 16 65.28 5640.11
Jul 16 65.58 5666.03
Dec 16 65.50 5659.12
Mar 17 65.53 5661.71

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