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...