Pakistan Local Cotton Market: (The local cotton market faces significant challenges, including reduced arrivals, lower quality, and increased reliance on imports, with Pakistan likely to import 50 lac bales at a cost of $2 billion. The Aptma has urged the government to extend tax exemptions to local cotton to support the struggling textile sector. Meanwhile,...
Pakistan Local Cotton Market: (The local cotton market faced a decline in activity due to reduced arrivals and quality issues, prompting a shift toward competitively priced imported cotton. Pakistan has become the leading importer of American cotton, with imports expected to reach 6 million bales to support its textile sector. Meanwhile, falling oil prices and...
Pakistan Local Cotton Market: (Local cotton market activity remained slow as firm prices persisted despite declining quality, with many buyers securing imported cotton. International cotton prices hit a two-month low amid U.S. election impacts and a strong dollar, further pressuring the local market. Cotton arrivals in Pakistan dropped sharply year-over-year, while lower crude oil prices...
Pakistan Local Cotton Market: (The local cotton market remains firm amid fears of a quality shortage, with buyers also securing imported cotton. Meanwhile, the textile sector struggles due to high costs and increased cotton yarn imports, impacting spinners. Internationally, US cotton prices are at a low due to cheaper polyester and upcoming general elections, while...
Pakistan Local Cotton Market: (The local cotton market saw increased domestic demand and improved quality, with mills favoring local cotton over imports. Meanwhile, US cotton faced pricing pressure due to a stronger dollar and speculative trading, along with increased harvesting activity. Overall, global demand remains low, and the market is highly volatile with fluctuating prices)...
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...
