Today KCA Spot Rate –12:40 PM – June 15, 2016
Today Karachi Cotton Association (KCA) spot price unchanged at (New Crop 2015 -16) 5300 per maund Ex- Gin.
Punjab Cotton Market overnight Commentary –12:00 PM – June 15, 2016
Yesterday – 14/6/2016: The Punjab market was almost stable, due to rise in demand and low availability of cotton stock, besides, also more rains are expected that would increase buying activities . Cotton (Crop 2015-16) was traded at an idea price of between the ranges of Rs 5475 per maund, while Seed cotton (phutty) Crop 2015-2016, price was not available.
Sindh Cotton Market overnight Commentary –11:50 AM – June 15, 2016
The Sindh cotton market was almost stable yesterday – 14/6/2016, due to demand in rise & because of low availability of cotton stock,besides,as more rains are expected, buying activities would be increased. Cotton new (Crop 2016-17) was traded at an idea price of between the ranges of Rs 5850 per maund while old(Crop 2015-16) was traded at an idea price of between the ranges of Rs 5360 per maund & New Seed cotton (phutty) crop 2016- 17 was traded at an idea price of between the ranges of Rs 2900 – 3100 per maund.
NYBOT Cotton Future Contracts Closing –08:30 AM – June 15, 2016
As on 14 June 2016 (1 USD = 104.20 PKR)
|Month||C/lbs||PKR / maund|