Pakistan Cotton 2015-16 Market Updates: 15th June ‘2016

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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
Jul 16 63.04 5405.08
Dec 16 63.91 5479.68
Mar 17 64.62 5540.55
May 17 65.08 5579.99
Jul 17 65.49 5615.15

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