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MCX Cotton likely to move in a range of 21513-22093

Cotton on MCX settled down by -0.37% at 21800 due to weak demand from traders and stockists at the spot market. Currently the prices...

USDA-Weekly Cotton Market Review: July 29, 2016

Spot cotton quotations were virtually unchanged from the  previous week, according to the USDA, Agricultural Marketing  Service’s Cotton and Tobacco Program. Quotations for the...

Plains Cotton Cooperative Association (PCCA) Weekly Cotton Market Report: July 29,...

RUMORS AND WEATHER CAPTURE MARKET’S ATTENTION Rumors from China and weather concerns in Texas and parts of India were the topics of conversation this week...

Aptma perturbed over raise in duty on raw cotton

KARACHI: The government has made it difficult for the textile industry to operate in the country after it increased the import duty on raw...

Value added textile sector: PHMA demands additional duty drawback

Value added textile sector has demanded the facility of additional duty drawback to compensate the multiple domestic and international negative happenings that have adversely...

MCX Cotton market under long liquidation; Resistance seen at 21946

Cotton on MCX settled down by -0.37% at 21800 due to weak demand from traders and stockists at the spot market. Currently the prices...

Cotton rests near key support 21500

Cotton futures at MCX opened with negative sentiments and traded lower till early afternoon session. Prices are trading near Rs.21740 per bales down by...

Lint price eases on slow buying amid forward deals

KARACHI: Buyers remained cautious on making deals for all grades during trading in lint market while physical price eased on technical ground, floor brokers...

Pakistan cotton growers may loss up to Rs22 bn during 2015-16

Pakistan Ministry of Textile Industry has estimated a loss of Rs 22 billion to cotton growers during 2015-16, due to lack of quality-based pricing...

Lint trading remains dull amid easing spot rate

KARACHI: Trading remained dull on insignificant buying at lint market while buyers made selective deals for all grades during trading, floor brokers said. The...

Ministry estimates Rs 22 billion loss to cotton growers during 2015-16

Ministry of Textile Industry has estimated a loss of Rs 22 billion to cotton growers during 2015-16, after ginners and downstream industry denied them...

Pakistan Cotton Market Updates – 28th July ‘2016

Ministry estimates Rs 22 billion loss to cotton growers during 2015-16 –01:40. PM – July 28, 2016 Ministry of Textile Industry has estimated a loss...

International Cotton Market Report as on 26th July 2016

Last Night NYC Closing – 26-07-2016 Month Change Open High Low Settle In PKR Maund OCT-16 1.51 72.48 74.42 72.48 73.63 6325.19 DEC-16 1.66 72.40 74.23 72.17 73.95 6352.68 MAR-17 1.39 73.00 74.47 72.94 74.37 6388.76 MAY-17 1.16 72.97 74.22 72.92 74.12 6367.28 JUL-17 0.96 72.80 73.85 72.76 73.75 6335.50 OCT-17 0.87 73.16 6284.82 Bullish Patterns Recognized Bullish Chart PatternsNo Patterns were recognized. Bearish Patterns Recognized Bearish Chart PatternsThe Harami Bearish Pattern is a...

In a first, India to set up its own cotton price...

In a first, the government is planning to launch a cotton price index of its own, taking into account benchmark rates from four different...

Cotton market: rise in phutti supply causing further decline in rates

Prices remained under pressure on the cotton market on Monday in arrivals of seed cotton improved in the process of trading, dealers said. The...

Non-branding causes lower price of cotton in world market

Despite better quality, Pakistan cotton is incapable of getting an attractive price in the world market mainly due to non-branding. Traders said that the...

International Cotton Market Report as on 25th July 2016

Last Night NYC Closing – 25-07-2016 Month Change Open High Low Settle In PKR Maund OCT-16 -0.40 72.48 72.59 71.70 72.12 6195.47 DEC-16 -0.39 72.50 72.63 71.54 72.29 6210.08 MAR-17 -0.34 73.04 73.23 72.24 72.98 6269.35 MAY-17 -0.33 72.67 73.11 72.55 72.96 6267.63 JUL-17 -0.36 72.57 72.91 72.41 72.79 6253.03 OCT-17 -0.15 72.29 6210.08 Bullish Patterns Recognized Bullish Chart PatternsNo Patterns were recognized. Bearish Patterns Recognized Bearish Chart PatternsThis pattern is a more reliable...

Zimbabwe: Cotton market targets 80 000t

Elita Chikwati Agriculture Reporter About 80 000 tonnes of cotton are expected on the market this season as the selling season progresses. Merchants have started...

USDA – Cotton and Wool Outlook: July 14, 2016

World Cotton Mill Use Expands; Growth Varies by Country The latest U.S. Department of Agriculture (USDA) cotton projections for 2016/17 indicate that world cotton mill...

Pakistan Cotton Market Updates: July 25,2016

Cotton Alert 2016 – 17 –03:00. PM – July 25, 2016 Shahdadpur – Sindh Cotton traded at idea price 6450 Punjab Cotton Market overnight Commentary –01:05....