A maund, a unit commonly used for ginned cotton in the country, is equivalent to 37.324 kilograms. The price idea of ginned cotton from Punjab was said to have ranged from Rs 1,975 to Rs 2000 per maund. The prices of good quality cotton increase by Rs 400 to Rs 500 per maund; while the trading volume also increased. Today the prices are at the same level without any change, as per We use cookies for better user experience. width:auto; Farmers prefer to grown cotton because it is considered as cash crop and … Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on. FEATURED Cotton news Raw Cotton Prices increased about 25 percent. Cotton Prices - 45 Year Historical Chart. That was up 29% mo/mo but 1% below 2019. Nandan Denim, part of leading conglomerate Chiripal Group, commenced its... Mesdan SPA, a subsidiary of Italian firm Savio Macchine Tessili,... GoodWeave International, a nonprofit working to end child, forced and... Dave Rousse 7,000. ISLAMABAD: Cotton prices in local markets have dropped sharply after announcement from All Pakistan Textile Mills Association (APTMA) that they are closing e-Paper Today's Paper float:right; Ahsanulhaq, Chairman, Cotton ginners Forum said that the price of cotton has reached Rs6400 after increase of Rs100 per maund whereas the price of lint cotton also risen. Cotton Monthly Price - US Dollars per Kilogram. Cotton price have reached almost four months high level in the third week of November, increasing by 200 per maund. tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app, KARACHI: Cotton prices hit the season’s highest rate of Rs9,300 per maund in the Punjab as rain-related disruptions in cotton harvest triggered price hike in the local markets, growers and ginners said on Saturday. Pierre Wiertz talks about the vast world of sustainable nonwovens and... Suresh Patel Cotton prices have been stuck to the level of Rs2600 per maund after June 2, and today also the prices are stable at Rs2600, according to Karachi We use cookies for better user experience. Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ... Silvia Venturini Fendi Mumbai Commodities Control - Spot cotton rates shed Rs 10-15 per Maund across Punjab, Rajasthan and Haryana mandis. KARACHI (Azhar Ali Khan): Domestic cotton price on Thursday breached all previous records as it hit Rs 5,000 per maund mark for the first time in the history, ARY News reported. Day on day spot prices lost around US cent 0.5 a pound. Though substandard seed issue remained there, crop survived in rain so far. As a result, cotton price soared to a new record high of Rs9,500 per maund amid reports that some late evening deals were quoted at Rs9,600 per maund. Stakeholders said prices increased because of short supply due to rain especially in Sindh and an increase in the international market. The cotton price was up after pest attack and high temperatures in the cotton fields which affected the quality of the commodity. A maund, a unit commonly used for ginned cotton in the country, is equivalent to 37.324 kilograms. All international benchmark prices increased over the past month. For the last few days, cotton prices have stuck to the level of Rs2650 per maund. The spread between the Mid-South and the Southeast sits at about $25-$30 per ton, and then another $$75-80 … 7,000. We use cookies for better user experience. Head honchos, There's lot more potential in women than what we are witnessing today, Textile industry All rights reserved by Fibre2Fashion Pvt. New York Cotton Futures market increased beyond 66 cents per pound and China remained the largest importer. The cotton prices remained firm on Karachi cotton exchange on Tuesday, while the market witnessed less activity. INDA, a global association of the nonwoven fabrics industry, has been... Pierre Wiertz margin:0px auto; Cotton sales on the online cotton trading platform The Seam were 6,040 bales for an average gross price of 65.82 cents/lb. Conversion Cotton Price Price; 1 Pound = 16 Ounces Cotton Price Per 1 Ounce 0.04 USD 1 Pound ≈ 0,453 Kilograms FEATURED Cotton news Raw Cotton Prices increased about 25 percent. Spot rate committee of Karachi Cotton Association increased spot rate by Rs300 per maund to Rs8,900 per maund. 6m 1y 5y 10y 15y 20y 25y 30y. Private sector commercial exporters were looking for better lots for Rs 7,000 to 7,050 per maund. In ready lint cotton sales reported on … Tractors and Cotton. Pakistan is the fifth largest producer of cotton in the world, the third largest exporter of raw cotton, the fourth largest consumer of cotton, and the largest exporter of cotton yarn. Indian cotton prices were the lowest among the major origins at US cents 90.05 per pound CNF China, while the highest was of Uzbekistan origin […] Spinners are perturbed due to pest attacks on Indian cotton, delay in import permission and poor lint quality. A summary for the approval of minimum support price would be presented in Wednesday’s Economic Coordination Committee (ECC) meeting to be held in Islamabad. However, due to US-China tension, prices in New York Cotton Futures slightly dropped on Thursday. Nowadays cotton can not be sown without tractor and implements. Currently, international cotton price is 71.29 cents per pound whereas domestic price is 76.85 cents per pound. Cotton prices have increased even more last week as a maund of cotton is now selling at Rs300 higher. A maund of Cotton is currently priced at Rs. } Cotton prices across the country hit their highest level. Spot Cotton Rates Drop Across North & Central Indian Mandis, Steady in A.P-Telangana, Karnataka . Cotton prices currently are ruling at Rs 2,330-2,380 per maund against Rs 2,100-2,140 per maund one month back in Punjab. Rates per maund bag or KG on daily basis are updated for your better knowledge of market. The premium for Corc North fuzzy truck sits at about $25 over California pima. The rise in the price of cotton in the country is from Rs 200 to 250 per maund. The local Pakistani markets price of cotton recovered by Rs. There are reports that Indian cotton is exported in the international market as well. Cotton prices go down by Rs800 per maund in local market in one week Cotton prices are expressed in US dollars per 100lbs (1 CFD contains 100lbs, 1 lot contains 1000 of 100-lbs equivalent cotton bales). Pakistan has received offers and now export of raw cotton has been initiated to Bangladesh, Indonesia and Vietnam, resultantly increasing price of the commodity. The federal government on Tuesday decided to set minimum support price of cotton at Rs 4,200 per maund, 24NewsHD TV channel reported, quoting its sources. Head honchos, Athleisure is the current buzzword in fashion. EDANA. Ahsanulhaq, Chairman, Cotton ginners Forum said that the price of cotton has reached Rs6400 after increase of Rs100 per maund whereas the price of lint cotton also risen. The Cotlook A index was 79.80 cents/lb on the 30th, up 85 points. 02-12-2020 16:03. @media (max-width:600px){ Interactive chart of historical daily cotton prices … | On 5th Dec 2020. Due to lockdown amid corona virus, some mills closed operations for weeks while others were closed for months. Cotton production in largest cotton producer state of the US, Texas, has also been affected while crop is also under threat in Mexico. “Ginners of Dherki and Rahim Yar Khan sold some 5,000 bales of prime-quality cotton at the rate of Rs5,000 per maund today (Thursday),” said a senior cotton … View new york city Cotton Futures Other financial transactions on… Cotton Incorporated Monthly Economic Letter Cotton Market Fundamentals & Price Outlook November 2020. “The largest cotton producer district of Pakistan, Sanghar, has been affected badly,” he said. Pakistan: local cotton prices firm 14:30 GMT 11/12/2017 . Nationwide Daily Cotton Arrivals Rise over 7% to 2.32 Lk Bales on Wednesday . Karachi Cotton Association reported that while yesterday cotton was priced around Rs2,900 per maund, today the rates have surged to Rs2,950. Cotton prices have increased even more last week as a maund of cotton is now selling at Rs300 higher. Meanwhile, the open market price of cotton in local exchanges continued to hover around Rs9,000 – although some deals were recorded as high as Rs9,200 per maund. Grace Nyoni Midlands Reporter COTTON farmers in Gokwe are smiling all the way to the bank with their crop being sold for 52 cents per kilogramme up from 49 cents. The NY December futures contract climbed from 67 to as high as 72 cents/lb near the end of October. Cotton prices were down today (17 January) across major origins but were still 11-15% higher year on year. Prices have increased in India after falling for several months, as Cotton Corporation of India intervened into the price hike. Ahsanulhaq, Chairman, Cotton ginners Forum said that the price of cotton has reached Rs6400 after increase of Rs100 per maund whereas the price of lint cotton also risen. Fashion, Apparel percent of the standing crops... Suresh Patel Sidwin Fabric is a manufacturer and exporter of Textiles... 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