PAKISTAN COTTON MARKET Last week in the local cotton market, the strong trend was witnessed due to the panic buying by the textile and spinning mills. The reason behind the extraordinary increase in the prices is cotton and US dollar value which are increasing continuously. Another reason behind the increase in the rate of cotton...
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)...
PAKISTAN COTTON MARKET: In Last week, improved business activity was seen, buyers and spinners showed interest in buying under the influence of bullish trend in the international market as well as due to drastic decrease in the production of cotton. The business to some extent was satisfactorily however in first three days of the week...
PAKISTAN COTTON MARKET:In Last week, buyers and spinners showed cautious buying because the new wave of COVID 19 has negative impact on the markets. If the lock down is again imposed by United States and Europe then it will have a negative impact on business especially the exports of textile products will be affected. On...
In Last week, buyers and spinners showed cautious buying because the price of phutti and cotton increased considerably. All the big groups of textiles are importing while some mills are buying cotton from the local market. Stable and firm price trend was witnessed in the prices in this week. The price of good quality cotton...
PAKISTAN COTTON MARKET: In the local cotton market during last week, new season 2020-2021 crop trading has started in the cotton market. Active trading trend was witnessed due to the gap of demand and supply of new Phutti crop and due to the functioning of ginning factories. KCA increased Rs. 100 in this week from...
Local Cotton Highlights: Last week, activity was slow in the local cotton market. Buyers were kept on sidelines and didn’t show interest in buying. Most of the buyers had covered their immediate requirements for the next two or three months and will wait for the new crop arrivals. The Month of Ramadan is ahead and...
Pakistan’s largest value added textile exhibition “Texpo 2019” took place during last weekend. It has attracted over $600 million worth of orders by foreign buyers. Organised by the government body TDAP, many foreign buyers were even invited and offered all expenses paid trip. Around 363 foreign buyers from more than 50 countries participated in the...
Local Cotton Highlights: Last week, trading volume decreased in the local cotton market and cautious buying of textile and spinning mills was seen because of the arrival of imported cotton to the big textile and spinning groups. Ginners demanded higher prices of good quality cotton due to which mills are buying the commodity as per...
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