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Pakistan: Textile sector for monitoring of yarn export
KARACHI: The value-added textile sector has drawn Mian Nawaz Sharif’s attention to the export of cotton yarn, the sorely needed raw material of the textile sector, at throwaway prices. In a letter to the
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India: Cotton prices will remain stable
The Central Government on Monday said that the Cotton Advisory Board (CAB) had projected cotton production at 340 lakh bales in the 2012-13 season and exports around 81 lakh bales. The cotton season runs
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‘Cotton output likely to be 340 lakh bales this season’
NEW DELHI: The Cotton Advisory Board(CAB) has projected 340 lakh bales of cotton production in 2012-13 season and expects exports to be at 81 lakh bales in the same period, Parliament was informed today. The
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Cotton output pegged lower at 340 lakh bales
NEW DELHI, MAY 6: The Cotton Advisory Board (CAB) has estimated 2012-13 season production at 340 lakh bales exports at 81 lakh bales, Parliament was informed today. Cotton season runs from October to September.
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Pakistan: Cotton market remains closed
Karachi Cotton markets in Pakistan remained virtually closed as the country traded mere 200 bales (155 kilograms each) during the last 24 hours, a dealer said on Saturday.“Traders remained on the sidelines of the
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Pakistan: Cotton trading gears up
KARACHI: Trade turnover of cotton and its prices surprising improved in Pakistan after a couple of leading spinning groups made fresh buying, a dealer said on Friday. “A couple of leading spinning mills made
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[Plexus Cotton] Cotton market report (April 11, 2013)
NY futures came under pressure this week, as May dropped 367 points to close at 84.66 cents, while December fell 228 points to close at 85.66 cents. The breach of technical support triggered some
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Pakistan: Cotton trading remains low
KARACHI: Cotton market continued to observe thin trade since the Federal Board of Revenue imposed two percent sales tax on cotton yarn, a dealer said on Tuesday. “The imposition of the sales tax has
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Pakistan: Cotton spot rate rises to Rs6,900
KARACHI: The Karachi Cotton Exchange (KCE) increased its cotton spot rate by Rs100 per maund (37.324 kilograms) to Rs6,900 per maund on Wednesday after commodity price maintained upward trend, a dealer said. “The KCE
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Pakistan: Cotton trading falls
KARACHI: Trade turnover of cotton declined after the cotton yarn manufacturing industry remained closed for the third consecutive day in Faisalabad, a dealer said. “Turnover declined to low levels due to shutdown of the
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Howell: Cotton hits 10-month highs as mill buying persists on dips
Cotton futures posted new 10-month highs last week as mill buying to replenish low inventories persisted on pullbacks. Spot May advanced 121 points for the week ended Thursday to close at 86.50 cents after
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Textile exports tilted towards few economies
LAHORE: Exports of Pakistani textiles are vulnerable to a few world economies. The country exports 70 percent of its cotton yarn to China and Hong Kong, while United States and European Union account for
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USDA issues world, U.S. cotton outlook
EDITOR’S NOTE — The following information was compiled by James Johnson, James Kiawu, Stephen MacDonald, Leslie Meyer and Carol Skelly of the United States Department of Agriculture and presented at the agency’s Outlook Conference.
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India: Cotton export registrations rise on hopes of Chinese demand
CHENNAI, FEB. 15: Cotton exports are showing signs of recovery with registrations for shipments jumping 20 lakh bales since the beginning of the year. According to sources, registration for cotton exports has increased to
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Cotton export target too ambitious, say exporters
Meeting the Cotton Advisory Board’s (CAB) export target of eight million bales this cotton year (October to September) might be a tall order. Cotton importers in China (which accounts for about 60 per cent
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Pakistan: Cotton trading improves to 5,400 bales
KARACHI: Trade turnover of cotton improved to 5,400 bales amid surge in price to Rs6,200 per maund (37.324 kilograms) at the open markets across the country on Tuesday after demand for quality cotton yarn
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Outlook for cotton textiles negative-to-stable: India Ratings
MUMBAI: This year’s outlook for the Indian cotton textiles is “negative-to-stable” due to subdued demand, though margins are likely to benefit from softening of raw material prices, India ratings has said in a report. The outlook for synthetic textiles,
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Howell: Cotton prices surge amid perceptions of tighter U.S. supply
Perceptions of tightening U.S. supplies in the face of massive global stocks powered nearby cotton futures to the longest streak of higher closes in almost two years last week amid heavy bull spreading. Spot
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Southeast Asia nudges aside China as India’s top raw cotton buyer
* China’s yarn appetite boosts southeast Asian raw cotton demand * Rising southeast Asian mill demand to benefit Indian raw cotton * Low freight cost gives Indian cotton an edge over U.S. fibre By
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Pakistan: Cotton spot rate enhanced to Rs6,050 per maund
KARACHI: The Karachi Cotton Exchange (KCE) increased its cotton spot rate by another Rs50 per maund (37.324 kilograms) on Thursday to Rs6,050 per maund amid higher demand for high quality cotton at the open
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