Today we have conducted our first Management Review meeting of 2021 and our Performance Brilliance Awards of 2020, where we congratulate our team for their outstanding performance during the previous year. The team has worked extremely hard towards achieving companywide set objectives and goals. We also Congratulate Mr. Usman Pirzada (Import & Export Yarn Div)...
Author: Zawar Hakeem
Market Report – Pakistan 27 Jan 2020
Local Cotton Highlights: In the local cotton market, cautious buying was seen by the textile mills as a result of which trading volume decreases. Leading buyers were away from the fresh buying and focusing of their import of cotton. Only needy buyers took interest in routing buying only. In the local cotton market during the...
Special Report – Heimtextil 2020 Frankfurt – by Vigour Impex
This is year’s round up of Heimtextil 2020 includes a lot of exciting insights into what’s in for the future. Team Vigour has been in Germany to attend Messe Frankfurt’s Heimtextil 2020 fair which took place from 7th of Jan to 10th of Jan 2020. This the largest interior textiles show on earth. With more...
Market Report – Pakistan 20 Jan 2020
Local Cotton Highlights: In the local cotton market, modest trade activity was seen and needy buyers showed interest in buying of good quality lint. Ginners were also interested to release their stocks due to the handsome arrival of imported cotton. Due to the increase of rate of New York Cotton the new agreements for the...
Market Report – Pakistan 13 Jan 2020
Pakistan Cotton Market In the local cotton market, modest traded activity was seen and needy buyers interested to buy quality lint but ginners were not interested to sale on these levels in expectations of further increase in prices in a day to come. Ginners are expecting increasing trend in market after the easing of trade...
Market Report – Pakistan 6 Jan 2020
Pakistan Cotton Market: In the local cotton market, trade activity couldn’t improve as only needy buyers showed interest in buying. Despite of lowest production of cotton this year and withdrawal of import duty on cotton, it seems that leading buyers are relaying on import of cotton. Government has announced to abolish 5% sales tax on...
Market Report – Pakistan 30 Dec 2019
Local Cotton Highlights: In the local cotton market, mills and buyers showed cautious buying during this week. Only needy buyers showed interest and activity was moderate. The ginners were interested with decreasing stocks due to which the rate of cotton remained firm. On the other hand, imported cotton arrival has also been started so local...
Market Report – Pakistan 23 Dec 2019
Local Cotton Highlights: During the last week, In the local cotton market, cautious buying was seen by textile and spinning sectors while the ginners has increased the selling because the stocking of cotton becomes very expensive. So overall trading volume was renamed moderate. Although the quality of local cotton is not good but the mills...
Market Report – Pakistan 16 Dec 2019
Local Cotton Highlights: During the last week, the local cotton market and the local textile industry has been involved in cautious buying where ginner’s interest was seen to be increased in the buying of cotton due to which the rate of cotton remained upwards. But the trading volume remained in the medium range. The prices...
Market Report – Pakistan 25 Nov 2019
Local Cotton Highlights: During last week, in the local cotton market, moderate buying interest has been witnessed, most of the buyers kept away from the market due to the financial crunch. Large textile groups were involved in the import agreements of cotton. Importers had signed agreements for the import of 32 lac bales of cotton...