Throughout mood of this week, cotton prices remained mostly stalled despite the fact that current crop (August 2014 / July 2015) supplies are tapering off and the new crop (2015 / 2016) could be delayed by two or three weeks due to continuous winter rains in many parts of Punjab.
Since the beginning of this month except last Friday (March 6, 2015) the Karachi Cotton Association has filled the ex-gin price of grade three cotton uniformly at Rs 5000 per maund (37.32 Kgs). Only on last Friday t
Unavailability of quality lint, propelled mills and spinners to keep on the sidelines on the cotton market on Wednesday. The official spot rate held the week-end level at Rs 5000, dealers said. In the ready session, over 5,000 bales of cotton changed hands between Rs 4700 and Rs 5200, they said.
The prices of seed cotton in Sindh were at Rs 1900 and Rs 2350 and in Punjab rates were at Rs 2000 and Rs 2650, they said. Some brokers said that despite the rising prices, mills and spinners were bu
