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)
Month | C/lbs | PKR / maund |
Dec 16 | 67.78 | 5817.07 |
Mar 17 | 67.84 | 5822.22 |
May 17 | 67.99 | 5835.09 |
Jul 17 | 68.25 | 5857.41 |
Dec 17 | 68.35 | 5865.99 |