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...
Author: Mahnoor Tariq
Market Report- Pakistan 10 June 2024
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...
Market Report- Pakistan 3 June 2024
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...
Market Report- Pakistan 20 May 2024
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...
Market Report- Pakistan 25 March 2024
Pakistan Local Cotton Market: (Despite stable local cotton prices amidst decreased business activity, cautious textile spinners face limited stock availability amid high energy costs. Global cotton prices experienced a decline influenced by increased production estimates in India and Australia, while varied production forecasts in the United States contribute to uncertainties in the cotton markets’ supply...
Market Report- Pakistan 16 March 2024
Pakistan Local Cotton Market: (The cotton market locally is steady, but prices worldwide are unsure. People buying cotton are waiting to see if prices will go down, and spinners who make cotton into thread are being careful because the local cotton season is over. What happens next depends to prices internationally) 1- Local cotton market...
Market Report- Pakistan 5 March 2024
Pakistan Local Cotton Market: (The local cotton market is staying steady, but global prices went up and down. Buyers are waiting for prices to drop, and spinners are unsure since the local season ended. The future depends on what happens with international prices) 1- This week, the local cotton market stayed about the same in...
Market Report- Pakistan 19 Feb 2024
Pakistan Local Cotton Market: (The local cotton market showed a bullish trend, mirroring a notable rise in USA cotton prices. As the local season concludes, panic buying resulted, and import viability was compromised by a steep price increase, introducing uncertainty among spinners) 1- Throughout the entire week, the local cotton market showed bullish trend in...
Market Report- Pakistan 12 Feb 2024
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...
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...