Pakistan Cotton 2015-16 Market Updates – 18th May ‘2016

0
214

Today KCA Spot Rate – 12:50 PM – May 18, 2016

Today Karachi Cotton Association (KCA) spot price decreased  by 50 at (New Crop 2015 -16) 5550 per maund Ex- Gin.


Sindh Cotton Market Overnight Commentary – 11:30 AM – May 18, 2016

The Sindh cotton market was almost stable yesterday – 17/5/2016,  due to demand in rise & because of low availability of cotton stock. Cotton (Crop 2015-16) & Seed cotton (phutty) crop 2015- 16 , prices were   not available.


Punjab Cotton Market Overnight Commentary – 11:20 AM – May 18, 2016

Yesterday – 17/5/2016: The Punjab market was almost stable, due to rise in demand   and low availability  of  cotton stock . Cotton (Crop 2015-16) was traded at an idea price of between the ranges of Rs 5450 – 5600 per maund  while Seed cotton (phutty) Crop 2015-2016,  price was not available.


NYBOT Cotton Future Contracts Closing – 09:30 AM – May 18, 2016

As on 17 May 2016 (1 USD = 104.30 PKR)

Month C/lbs PKR / maund
Jul 16 62.20 5338.18
Dec 16 61.57 5284.11
Mar 17 61.84 5307.28
May 17 62.27 5344.19
Jul 17 62.67 5378.51

LEAVE A REPLY