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-...
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...
Pakistan Local Cotton Market: (For Local cotton, the textile sector is under significant pressure due to declining cotton prices, sluggish demand, and global economic instability, leading to financial crises and operational shutdowns. Buyers are cautious, delaying purchases as they anticipate further market drops. Without government intervention to reduce costs, the industry may continue to face...
Pakistan Local Cotton Market: (local cotton prices remain steady amid weather delays and limited high-quality supply, with many buyers opting for imports. Global demand for cotton is weak due to economic woes but anticipated U.S. cotton shipments later this year may boost prices. The international market’s influence will likely cause local prices to decline with...
Pakistan Local Cotton Market: (In the local cotton market, prices are stable and firm due to weather delays and limited quality cotton but are expected to drop with new arrivals as buyers turn to similarly priced U.S. cotton. Market activity remains cautious, influenced by international factors) 1- In the local cotton market, prices remained firm...
Pakistan Local Cotton Market: (Local cotton prices rose last week due to crop shortages and international trends, the market remains subdued with low business volume as buyers await the full arrival of the new crop by the end of June. Despite recent gains in ICE cotton prices, market confidence remains shaky, influenced by technical buying...
Pakistan Local Cotton Market: (The local cotton market prices rose last week but are now under pressure due to significant drops in ICE cotton prices and the impending arrival of the new crop. Business volume remains low as buyers wait for more substantial crop arrivals. Additionally, the new cotton season has seen a concerning shortfall...
Pakistan Local Cotton Market: (The local cotton market is stagnant, with prices staying low due to international price drops, putting pressure on farmers. Business volume is minimal as the season concludes, with spinners and mills remaining inactive due to uncertainty and decreased international demand) 1- This week, the local cotton market was inactive, with no...
