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...
Author: Mahnoor Tariq
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...
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...