Market Report- Pakistan 7 Oct 2024

Pakistan Local Cotton Market: (The local cotton market is more active and prices showed softness, due to better local supply and higher global prices. Pakistan’s cotton consumption is higher than production, so imports are increasing. However, global trade faces challenges from a stronger US dollar and geopolitical issues, creating both opportunities and difficulties for the...

Market Report- Pakistan 16 Sep 2024

Pakistan Local Cotton Market: (The local cotton market remains firm due to supply disruptions from heavy rains and international price trends. Pakistan’s spinners are increasingly turning to imports to meet demand, while global markets are influenced by lower production forecasts and support from rising crude oil prices. Although demand remains sluggish, a weaker dollar and...

Market Report- Pakistan 9 Sep 2024

Pakistan Local Cotton Market: (Pakistan’s cotton production has plummeted by up to 60%, causing the textile industry to rely heavily on imports amid weak global demand and lower international prices. Adverse weather, pest attacks, and reduced acreage have severely impacted both the quantity and quality of local cotton. This crisis, combined with sluggish international demand,...

Market Report- Pakistan 26 Aug 2024

Pakistan Local Cotton Market: (The local cotton market is struggling with low trading volumes and high prices due to ongoing rains and reduced crop yields. Pakistan’s textile industry is increasingly turning to U.S. cotton imports to meet demand, with a significant gap between consumption and local production. Despite potential price increases, the cotton market remains...

Market Report- Pakistan 22 July 2024

Pakistan Local Cotton Market: (The local cotton market remained dull due to holidays and monsoon delays, keeping prices stable. Pakistan’s ginning factories received 442,041 bales by mid-July 2024, with 395,695 bales processed and 67,152 unsold. Globally, U.S. cotton production and stocks are up, while world ending stocks are projected to decrease) 1- In the local...

Market Report- Pakistan 5 Aug 2024

Pakistan Local Cotton Market: (The local and international cotton markets are facing significant challenges due to weather conditions, economic concerns, and fluctuating demand. Prices for raw and lint cotton have risen locally, but overall demand remains weak, and export viability is low. Both farmers and traders are navigating a complex market with uncertain prospects) 1-...

Market Report- Pakistan 12 Aug 2024

Pakistan Local Cotton Market: (The global cotton market is experiencing downward pressure due to declining prices, weak demand, and a stronger US dollar, creating challenges for both international and local markets. Despite some recovery, uncertainty remains high, with buyers hesitant to make purchases until market conditions stabilize. This situation is particularly difficult for Pakistani farmers...