KARACHI (February 08, 2010): The week saw less sales due mainly to expected release of fortnightly arrival report which gives insight to determine volume of purchase. The spot rate opened at Rs 4650, was down next day to end at Rs 4600 then moved up by Rs 25 to Rs 4625 which remained unchanged till close of the week. No transaction took place during the last two days for holiday and strike on Friday and Saturday.

KARACHI (February 08, 2010): The current cotton season is on its last leg as about 95 percent crop has already reached ginneries and about 90 percent of total cotton production has been disposed of although academically only half of the season has passed. The growers in lower Sindh have already started their home work for sowing but practically new crop cotton sowing has already started there.

LAHORE (February 05, 2010): Despite some impediments, a booming textile market at home is keeping raw cotton prices at record high levels due to deficit domestic lint output configured for this season (2009-2010). Lint output in Pakistan is now estimated to yield nearly 12.7 million to 12.8 million running bales this season on an ex-gin basis. An export projection of nearly one million bales is being made from the above noted output during this season.

KARACHI (February 01, 2010): Slow pace of buying has now gathered pace, which was visible from the fact that some dealers entered four months deal at higher rates leaving much insight behind. The spot rate entered the week at Rs 4600 per maund.

KARACHI (February 01, 2010): This (2009-10) cotton season has proved to be exceptionally gainful for all stakeholders of cotton business on board, despite their divergent business interests as opined by a few Sindh growers, ginners, spinners, cotton exporters and textile goods exporters.

LAHORE (January 29, 2010): Despite the present withdrawals of the bulls from the New York cotton futures market (ICE) shedding nearly seven cents a pound over the past ten weeks or so, domestic lint prices remain stable to strong due to depleting stocks. However, any flare up in local lint prices is not anticipated at present because the potential rise in cotton prices seems to have already been factored into the prevailing fibre prices.

KARACHI (January 25, 2010): Gradual rise was marked in buying activity, as holiday mood melted away owing to season's fag end, the spot rate with an increase of Rs 25 stood at Rs 4600.

KARACHI (January 25, 2010): Now, season's total cotton output appears close to 13.0 million local weight bales as by 15th January, 10, seed-cotton equivalent to 12.240 million bales (Sindh 4.124 and Punjab 8.116 million bales) had reached ginneries against 10.322 million bales same period last season.

LAHORE (January 22, 2010): After some pause and easiness exemplified by the market last week when cotton prices had recoiled, they have risen again this week close to record levels. Thus lint prices have sprung back to range between Rs 4,550 to Rs 4,750 per maund (37.32 kgs) for the higher grades in both Sindh and Punjab, registering an increase of about Rs 100 per maund since the inception of this week.

KARACHI (January 18, 2010): The curb on yarn exports had impacted negatively, as at one stage buying was down to 4000 bales only. The exporters were also taking their time, but return was expected. Spot rate was down from Rs 4,650 to Rs 4575.