Pakistan Local Cotton Market: (The international cotton market faced adversity due to worldwide inflation and reduced interest in textile goods. Despite the slowdown in global trade, local markets maintained consistent pricing. It seems likely that the market will continue to decline in the coming days due to the anticipated lack of increased demand) 1- The...
Category: Market Watch – Pakistan
Market Report- Pakistan 20 Nov 2023
Pakistan Local Cotton Market: (Global inflation and lower demand for textile products affected the international cotton market negatively. Even though global trade slowed down, domestic markets kept their prices steady. This stability was due to the rising value of the US dollar and the expected shortage of premium cotton soon) 1- The local cotton market...
Market Report- Pakistan 13 Nov 2023
Pakistan Local Cotton Market: (Local cotton market encountered a challenging week marked by global and local factors. The international demand for cotton was constrained by inflation and decreased consumer spending on textile goods. Nevertheless, the local market demonstrated resilience by maintaining stable prices, attributed to currency appreciation and the anticipated shortage of quality cotton in...
Market Report- Pakistan 6 Nov 2023
Pakistan Local Cotton Market: (The cotton market faced a challenging week due to global and local factors. The international demand for cotton was low due to inflation and reduced consumer spending on textile goods. The local market, however, managed to keep the prices stable, due to the appreciation of USD and the expected shortage of...
Market Report- Pakistan 30 Oct 2023
Pakistan Local Cotton Market: (The cotton market faced a challenging week due to global and local factors. The international demand for cotton was low due to inflation and reduced consumer spending on textile goods. The local market, however, managed to register a marginal rise in prices, due to the government support for the farmers. The...
Market Report- Pakistan 23 Oct 2023
Pakistan Local Cotton Market: (The global cotton industry is facing a downturn due to low demand and currency fluctuations. The local and international cotton prices are declining, reflecting the weak market conditions. Buyers are cautious and selective in their purchases, as they anticipate no significant change in the near future) 1- The cotton market was...
Market Report- Pakistan 16 Oct 2023
Pakistan Local Cotton Market: (The local cotton sector faces challenges from reduced textile demand, falling prices, and a stronger PKR. With cautious buyers and essential players in control, uncertainty looms. Ginners are struggling to handle costly stocks, highlighting the need for adaptive strategies to navigate these conditions) 1- The local cotton industry continued to face...
Market Report- Pakistan 9 Oct 2023
Pakistan Local Cotton Market: (The local cotton market had limited activity, mainly attracting essential buyers due to current demand. Buyer caution stemmed from the declining USD, which may further lower cotton prices. Abundant cotton crop supply is also pressuring ginners. It seems that cotton market will remain under pressure and prices may drop further in...
Market Report- Pakistan 2 Oct 2023
Pakistan Local Cotton Market: (The local cotton market saw reduced activity due to a strong Pakistani rupee and ample cotton supply, while international prices stayed high thanks to China’s interest in US cotton. However, a global slowdown due to hyperinflation is anticipated, likely affecting the textile industry in the near term) 1- The local cotton...
Market Report- Pakistan 25 Sep 2023
Pakistan Local Cotton Market: (The local cotton market was active despite a robust cotton crop arrival and currency appreciation, but with low international cotton prices, sentiment leaned towards maintaining softer local prices, likely leading to a future decline) 1- The local cotton market showed good activity beside of that the handsome arrival of cotton crop...