Pakistan Cotton Market Updates: December 23, 2015

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Today KCA Spot Rate – 12:40 PM – December 23, 2015

Today Karachi Cotton Association (KCA) spot price unchanged at (New Crop 2015 -16) 5250 per maund Ex- Gin.


Sindh Cotton Market Overnight Commentary – 12:25 PM – December 23, 2015

The Sindh cotton market was a bit increased due to some fresh buying by mills before the holidays yesterday -22/12/2015. Cotton (New Crop 2015-16) was traded at an idea price of between Rs 4300 – 5600 per maund, and Seed cotton (phutty) new crop 2015-16 between the rates of Rs.2850 – 2975 per maund.


Punjab Cotton Market Overnight Commentary – 12:20 PM – December 23, 2015

Yesterday – 22/12/2015: The Punjab market was almost stable but there was some fresh buying by mills before  the holidays. Cotton (Crop 2015-16) was traded at an idea price of between the ranges of Rs. 5300 – 5600 per maund and Seed cotton (phutty) new Crop 2015-16 @Rs 2000 – 3225 per maund.


International Cotton Market Report – 11:25 AM – December 23, 2015

International Cotton Market Report


NYBOT Cotton Future Contracts Closing – 09:55 AM – December 23, 2015

As on 22nd December 2015 (1 USD = 104.30 PKR)

Month C/lbs PKR / maund
Mar 16 63.16 5420.57
May 16 63.94 5487.51
Jul 16 64.59 5543.29
Dec 16 64.47 5533.00
Mar 17 64.75 5557.03

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