Pakistan Cotton Market Updates – 12th July 2016

Today KCA Spot Rate –01:05. PM – July 12, 2016

Today Karachi Cotton Association (KCA) spot price unchanged at (New Crop 2015 -16) 5750 per maund Ex- Gin.

International Cotton Market Report –12:55. PM – July 12, 2016

International Cotton Market Report

Punjab Cotton Market overnight Commentary –12:45. PM – July 12, 2016

Yesterday – 11/7/2016: The Punjab market was increased after Eid holidays, due to rise in demand   and low availability  of  cotton stock. As   more rains are expected , there would be an increase  of  buying activities too. New Cotton (Crop 2016-17) price was traded at an idea price of  Rs. 6050 per maund while  Old Cotton (Crop 2015-16) price was not available.  New Seed cotton (phutty) (Crop 2016-17) traded at an idea price of between the ranges of Rs. 2300 – 3250 per maund; but (Crop 2015-2016), price was not available.

Sindh Cotton Market overnight Commentary –12:40. PM – July 12, 2016

After Eid holidays, the Sindh cotton market was increased yesterday – 11/7/2016,  due to demand in rise & because of low availability of cotton stock after rains.  Cotton new (Crop 2016-17) traded at an idea price of between the ranges of Rs. 5900 – 5950 per maund  while prices for the  old (Crop 2015-16) were  not available. Seed cotton New (phutty) crop 2016- 17 was traded at an idea price of between the ranges of Rs. 2500 – 3050 per maund but Seed cotton (phutty) Crop 2015-2016, price was not available.

NYBOT Cotton Future Contracts Closing –09:50. AM – July 12, 2016

As on 11 July 2016 (1 USD = 104.30 PKR)