Pakistan Local Cotton Market: (The local cotton market saw mixed trends, with increased Phutti supply lowering prices and boosting business volumes. Mills favored domestic cotton over imports due to lower prices compared with international prices, but around $2.5 billion worth of cotton and yarn imports will still be needed. Internationally, cotton prices fell due to...
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...
Pakistan Local Cotton Market: (The local cotton market saw increased activity due to improved supply and quality, while spinners benefited from the EFS system for imports. However, Pakistan’s cotton industry faces significant challenges, including a shortfall of four million bales and reliance on imports. Globally, cotton prices remain under pressure despite crop concerns, as weak...
Pakistan Local Cotton Market: (Pakistan’s cotton production has sharply declined by over 63%, driven by climate challenges and pest infestations, leading to local shortages and price stability. The reduced crop arrivals and rising international prices have supported the firm market trend. As a result, spinners are increasingly relying on imports to meet demand) 1- The...
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...
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,...
Pakistan Local Cotton Market: (The local cotton market is under pressure due to crop damage from heavy rains, leading to a surge in prices and increased reliance on imports. With a firm outlook for local cotton prices amid shortages, the global cotton market also faces challenges from declining demand and worsening crop conditions, despite some...
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...
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...
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-...
