Cotton prices at international front maintained firm posture. NYCF December closed in positive with gain of 830 point. Pakistan is again going to face another year of short crop of cotton and will have to import huge quantities of Raw Cotton from other origins to meets its requirements. Indian cotton market will also remain firm because of good minimum support price from the government of India.
Cotton Index Closing
06/10/2020
NYCE CLOSED
Dec : 66.86 + 0.83
Mar : 67.72 + 0.80
May : 68.32 + 0.74
July : 68.69 + 0.61
TOTAL VOL 20918-LOTS
Pak – KCA: 9250 + 100
Index – A: 71.30 + 0.00
Brazil: 58.18 + 0.42
INDIA: 18290 – 60
Pakistan Cotton Sales Report
PUNJAB
Bahawal Pur : 600 Bales @ 9500
Chishtian : 200 Bales @ 9500
Faqeerwali : 1800 Bales @ 9500
FortAbbas : 1000 Bales @ 9500
Haroon – Abad : 2800 Bales @ 9500
Kichi – Wala : 600 Bales @ 9500
Rahim-Yar-Khan : 400 Bales @ 9500
Yazman : 400 Bales @ 9500
Tonsa – Sharif : 200 Bales @ 9375
Dong – Bonga : 200 Bales @ 9500
Mian – Chanu : 200 Bales @ 9200
Layyah : 800 Bales @ 9100
SINDH
Salah – Pat : 1200 Bales @ 9175 / 9200 / 9250 – BCI
Mehrab – Pur & Rasool – Abad : 1400 Bales @ 8975 / 9200 / 9250 – BCI
Rohri : 1200 Bales @ 8975 / 9100 / 9175 – BCI
Kotri : 400 Bales @ 8450
Tando – Adam : 600 Bales @ 8275
Sanghar : 600 Bales @ 8175
Indian Cotton Prices
Indian Cotton Rates/356kg
Shankar’6 : 37200 + 0
Bunny: 37500 + 0
MECH-1: 36600 + 0
MCU-5: 37900 + 0
J-34: 36000 + 0
Y-1: 30800 + 0
H-4: 36300 + 0
V-797: 23500 + 200
NHH-44: 29400 + 300
LRA-5166: 30300 + 400
DCH-32: 38200 + 0
Jayadhar: 25600 + 300
B/Deshi(RG): 35600 + 0
B/Deshi(SG):36300+0