Trends - cotton crops - Business Recorder

cotton crops

Economic repercussions of reliance on cotton imports

Pakistan’s economy is fundamentally rooted in agriculture, with cotton serving as the cornerstone of its...

Updated 12 Dec, 2024 08:11am

Opinion

The criticality of cotton cess payment

Cotton is the backbone of Pakistan’s agricultural economy; yet the textile industry’s refusal to pay the cotton...

Published 25 Oct, 2024 06:55am

Opinion

Strategic use of refugia in Bt cotton cultivation

The implementation of refugia in Bt cotton cultivation is a critical agricultural practice with far-reaching...

Updated 23 Oct, 2024 07:10am

Opinion

Revival of cotton a must

The significance of cotton for Pakistan’s economy is fundamental, as it plays a pivotal role in agriculture,...

Updated 20 Oct, 2024 06:33am

BR Research

Cotton outlook: breaking the holding pattern?

The world cotton market has entered a new phase of uncertainty. World cotton prices, which thus far had been on a...

Published 15 Oct, 2024 09:09am

Markets

Weekly Cotton Review: Prices improve; business volumes increase

KARACHI: Federal Minister of Trade Jam Kamal Khan has emphasised the need to intensify efforts for the restoration ...

Published 14 Oct, 2024 06:24am

Opinion

Why PCCC crucial for Pakistan’s economy and textile industry

Whenever we think of cotton research and development, the concept of cotton varieties often comes to mind. However,...

Updated 09 Oct, 2024 07:24am

Markets

World Cotton Day: Organic cotton termed essential for environment, local livelihoods

ISLAMABAD: Organic cotton termed essential for the environment and local livelihoods as cotton was one of the most...

Published 09 Oct, 2024 06:26am

Opinion

The impact of reduced cotton production on rural economies and country’s balance of payments

The basic rule of economics is clear: global demand drives global production, and countries with a comparative...

Updated 08 Oct, 2024 08:40am

BR Research

Cotton outlook: making sense of wild statistics

It seems that world cotton markets have either began to ignore the statistics coming out of Pakistan or declared...

Published 20 Sep, 2024 09:00am

Markets

Punjab govt for setting up body to increase cotton yield

LAHORE: The Punjab government has ordered the formation of a committee of experts to increase the production of...

Published 20 Sep, 2024 06:54am

Markets

About 1,434,028 bales of cotton reach ginneries

LAHORE: According to the latest cotton statistics released by the Pakistan Cotton Ginners Association (PCGA) as of...

Published 19 Sep, 2024 07:23am

Markets

Crop reporting releases cotton production statistics

LAHORE: The Crop Reporting Wing of the Punjab Agriculture Department claimed on Friday that 636,000 bales of cotton...

Updated 17 Aug, 2024 07:48am

Business & Finance

Local textile industry facing severe crisis: KCBF chief

LAHORE: The textile industry in Pakistan is facing a severe crisis due to unfavourable weather conditions, decreased...

Published 14 Aug, 2024 06:40am

BR Research

Data Agro Limited

Data Agro Limited (PSX: DAAG) was incorporated in Pakistan as a private limited company in 1992 and was converted...

Published 21 Jun, 2024 08:52am

Opinion

Mulching techniques: increasing cotton yield

Mulching is crucial for boosting the overall growth and yield of cotton crops. It helps by reducing water ...

Updated 02 May, 2024 05:29am

BR Research

Cotton outlook: rangebound?

The October report card brings tense news for cotton watchers. Despite a dramatic rise in local production – where...

Published 16 Oct, 2023 06:30am

Cotton prices: Punjab, Sindh CMs discuss strategy

LAHORE: Sindh Caretaker Chief Minister Maqbool Baqar met with Punjab Caretaker Chief Minister Mohsin Naqvi at Punjab...

Updated 16 Oct, 2023 09:47am

Cotton’s purchase price: PM takes notice of manipulation

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Sunday took notice of purchase of cotton yield below the...

Updated 16 Oct, 2023 09:08am

Markets

High financial charges, costs: profit of Pakistan’s listed textile sector plunges 24% in FY23

High cost of financing and rising input costs took their toll on Pakistan’s listed textile sector, which saw its...

Updated 09 Oct, 2023 10:43pm

Bumper cotton crop: Gohar gives credit to Punjab CM

LAHORE: Federal Minister for Industry and Commerce Gohar Ijaz has given credit to Punjab Chief Minister Mohsin Naqvi...

Updated 09 Oct, 2023 09:07am

Business & Finance

Cotton: APTMA says supports emergency spray operations

ISLAMABAD: APTMA has taken immediate action to support emergency spray operations in collaboration with the...

Updated 15 Sep, 2023 08:53am

Business & Finance

CM, Dar discuss cotton support price

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi and Federal Finance Minister Ishaq Dar chaired a meeting to...

Published 12 Jul, 2023 06:39am

Pakistan

Water supply in canals of South Punjab reviewed

LAHORE: The Punjab Agriculture Department and Irrigation Department have expressed their satisfaction over the...

Published 22 Jun, 2023 05:45am

Markets

Weekly Cotton Review: Spot rate rises as market witnesses bullish trend

KARACHI: A bullish trend in cotton prices was seen on cotton market and the spot rate was hiked by of Rs500 per...

Published 12 Jun, 2023 06:26am

Markets

‘50pc of Punjab area is brought under cotton cultivation’

LAHORE: Cotton cultivation is going on rapidly in Punjab and 50 percent of the area has been brought under...

Published 10 May, 2023 06:03am

Markets

Weekly Cotton Review: Rate stable amid low business volumes

KARACHI: Stability in cotton prices was seen in previous week amid low business volume. There was a bullish trend in...

Published 08 May, 2023 06:40am

Markets

4.554m acres of land: South Punjab sets cotton sowing target

LAHORE: Cotton sowing target for the South Punjab has been set for 4.554 million acres of land which comes to 91...

Published 06 May, 2023 06:23am

Markets

Secretary agriculture finalises cotton revival plan

LAHORE: Cotton crop is of key importance for the country’s economy. Government is taking vigorous steps to revive...

Published 26 Apr, 2023 06:15am

Business & Finance

Economist sees GDP growth in negative arena

ISLAMABAD: All economic indications of the first six months of the current year suggest that Pakistan’s GDP growth...

Published 13 Jan, 2023 07:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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