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Cotton

Crescent Textile Mills Limited

Founded in 1950, Crescent Textile Mills Ltd (Crestex) is one of the oldest players in the industry. Six years into its formation, the company started exporting a majority of its products to the US, Europe, Middle East, and Japan. In 1997, Crestex became t

Published 28 May, 2015 12:00am

Cotton

Crescent Textile Mills Limited

Published 28 May, 2015 12:00am

Cotton

Falling trend on grain market

Prices dropped modestly on the wholesale grain market on Wednesday in the process of slow trading, dealers said. On the cereals side, wheat new Bardan quoted at Rs 3125, other commodities maintained overnight levels, they said. On the seeds side, cake low

Published 28 May, 2015 12:00am

Cotton

Cotton market: prices fall as mills evince no interest in fresh buying

Rates fell on the cotton market on Wednesday as leading millers kept on the sidelines in the process of trading, dealers said. The official spot rate was unchanged at Rs 5400, dealers said. In the ready session, over 2000 bales changed hands between Rs 38

Published 28 May, 2015 12:00am

Cotton

oil cake market rates

The July vaida extended overnight weakness on forward cottonseed oilcake market on Wednesday in the process of trading, dealers said. The July vaida closed at Rs 1849.60 on Tuesday and it opened at Rs 1849.40, showing a decline of 20 paisa in the early se

Published 28 May, 2015 12:00am

Cotton

Daily trading report of PMEX

On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.893 billion. The number of lots traded was 20,112. PMEX Commodity Index closed at 2,726. Major business was contributed by gold amounting to PKR 1.504 billion followed by crude oil (

Published 28 May, 2015 12:00am

Cotton

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 28 May, 2015 12:00am

Cotton

Textile industry: government urged to create new job opportunities by spurring growth

All Pakistan Textile Mills Association Chairman SM Tanveer has urged the government to use the growth potential of the textile industry for employment creation and not for revenue generation. "It should avoid burdening the textile industry with further ta

Published 27 May, 2015 12:00am

Cotton

Space for flood water Irsa stops filling of Tarbela, Mangla dams

As the federal and provincial governments are taking necessary pre-monsoon flood protection measures, the Indus River System Authority has stopped filling the Tarbela and Mangla dams to keep sufficient space for management of flood water in the rivers Ind

Published 27 May, 2015 12:00am

Cotton

Moderate trade on grain market

Moderate trading activity was seen on the wholesale grain market on Tuesday, dealers said. On the cereals side, Moong Punjab lost Rs 750 to Rs 9250, Urad Burma also shed Rs 125 to Rs 12500, other commodities held the last levels, they said. On the grams s

Published 27 May, 2015 12:00am

Cotton

Cotton market: Spot rate drops further on modest trade

Spot rate was down further on the cotton market on Tuesday amid modest trading as confusions rising over the issue of Gas Infrastructure Development Cess (GIDC), dealers said. The official spot rate continued downfall, losing more Rs 50 to Rs 5400, dealer

Published 27 May, 2015 12:00am

Cotton

Oil cake market rates

The July vaida was lower on forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The July vaida closed at Rs 1850.00 on Monday and it opened at Rs 1849.60 to show a fall of 40 paisa in the early session, they said. The Dec

Published 27 May, 2015 12:00am

Cotton

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 27 May, 2015 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (May 26, 2015).

Published 27 May, 2015 12:00am

Cotton

Cotton little changed on physical buying, stronger dollar

ICE cotton futures were little changed on Tuesday after a sharp week of losses brought prices back to attractive levels for mill purchases, ending the losing streak, though sharp gains in the US dollar pressured the market. "We've gotten down to levels wh

Published 27 May, 2015 12:00am

Cotton

Latin America: exporters advised to explore non-traditional markets

Pakistani exporters should explore the non-traditional and virgin markets of Latin America to give a quantum jump to its exports, said Gustavo Miranda Augustor Valenzuela, Charge d'Affaires of Embassy of Paraguay. He was addressing the members of Faisalab

Published 27 May, 2015 12:00am

Cotton

Oil cake market rates

Both the futures continued fall on forward cottonseed oilcake market on Monday in the process of trading, dealers said. The May vaida almost matured and closed at Rs 1749.50 on Saturday and it commenced with a decline of Rs 4.50 at Rs 1745.00 in the morni