Pakistan Local Cotton Market: (The local cotton market faced a slowdown due to ongoing elections, yet prices rose in line with international trends. As the crop season nears its end, mills, driven by specific requirements, continue procuring amid the approaching depletion of stocks) 1- Throughout the entire week, the local cotton market witnessed a sluggish...
Author: Mahnoor Tariq
Market Report- Pakistan 6 Feb 2024
Pakistan Local Cotton Market: (This year’s total cotton production in the country is expected to be around one Crore bales. Apart from 84 Lakh 50 thousand bales, 10 to 12 Lakh bales are unregistered, and about 5 Lakh bales have been damaged by whitefly. Given the circumstances, it is speculated that the price of cotton...
Market Report- Pakistan 29 Jan 2024
Pakistan Local Cotton Market: (Local cotton buyers showed in interested in buying due to rising trend internationally and fear of shortage of cotton locally. Although consumer demands are not realistic due to which seems that prices may remain same in a days to come) 1- The local cotton market experienced a rise in business attributed...
Market Report- Pakistan 22 Jan 2024
Pakistan Local Cotton Market: 1- In the local cotton market, business activity came down after Heimtex and prices followed the same pace. Its expected prices in local will remain in same levels in coming days as cotton season is almost over. 2- Seed cotton (Phutti) equivalent to over 8.2 million or exactly 82, 58,115 bales...
Market Report- Pakistan 15 Jan 2024
Pakistan Local Cotton Market: (Buyer interest decreased once more, even though there’s a shortage of good-quality cotton. This decline is influenced by the global slowdown in textile product trends. Inflation has affected the purchasing power of consumers, and it appears that the market will remain slow in the coming days) 1- In the local cotton...
Market Report- Pakistan 8 Jan 2024
Pakistan Local Cotton Market: (Renewed buyer shown their interest in the local cotton market due to a shortage of quality cotton was overshadowed by unexpected price hikes from ginners, leading to slowed business activity. The trend of rising prices, coupled with decreasing cotton stock, indicates the potential for further price increases in 2024, with an...