Market Report- Pakistan 9 Sep 2024

Pakistan Local Cotton Market: (Pakistan’s cotton production has plummeted by up to 60%, causing the textile industry to rely heavily on imports amid weak global demand and lower international prices. Adverse weather, pest attacks, and reduced acreage have severely impacted both the quantity and quality of local cotton. This crisis, combined with sluggish international demand,...

Market Report- Pakistan 26 Aug 2024

Pakistan Local Cotton Market: (The local cotton market is struggling with low trading volumes and high prices due to ongoing rains and reduced crop yields. Pakistan’s textile industry is increasingly turning to U.S. cotton imports to meet demand, with a significant gap between consumption and local production. Despite potential price increases, the cotton market remains...

Market Report- Pakistan 22 July 2024

Pakistan Local Cotton Market: (The local cotton market remained dull due to holidays and monsoon delays, keeping prices stable. Pakistan’s ginning factories received 442,041 bales by mid-July 2024, with 395,695 bales processed and 67,152 unsold. Globally, U.S. cotton production and stocks are up, while world ending stocks are projected to decrease) 1- In the local...

Market Report- Pakistan 5 Aug 2024

Pakistan Local Cotton Market: (The local and international cotton markets are facing significant challenges due to weather conditions, economic concerns, and fluctuating demand. Prices for raw and lint cotton have risen locally, but overall demand remains weak, and export viability is low. Both farmers and traders are navigating a complex market with uncertain prospects) 1-...

Market Report- Pakistan 12 Aug 2024

Pakistan Local Cotton Market: (The global cotton market is experiencing downward pressure due to declining prices, weak demand, and a stronger US dollar, creating challenges for both international and local markets. Despite some recovery, uncertainty remains high, with buyers hesitant to make purchases until market conditions stabilize. This situation is particularly difficult for Pakistani farmers...

Market Report- Pakistan 19 Aug 2024

Pakistan Local Cotton Market: (For Local cotton, the textile sector is under significant pressure due to declining cotton prices, sluggish demand, and global economic instability, leading to financial crises and operational shutdowns. Buyers are cautious, delaying purchases as they anticipate further market drops. Without government intervention to reduce costs, the industry may continue to face...

Market Report- Pakistan 15 July 2024

Pakistan Local Cotton Market: (local cotton prices remain steady amid weather delays and limited high-quality supply, with many buyers opting for imports. Global demand for cotton is weak due to economic woes but anticipated U.S. cotton shipments later this year may boost prices. The international market’s influence will likely cause local prices to decline with...

Market Report- Pakistan 8 July 2024

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...

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...