It was another day for bullish rule in the international cotton market. Cotton Prices in the markets like USA, China, India and Pakistan are increasing. Most of the mills were even not ready to quote their prices due to uncertain and upward market in expectation of further rise in textile goods.
Cotton Index Closing
NYC-CLOSED
De68.37+0.73
Mar69.18+0.76
May69.93+0.81
July70.46+0.85
TOTAL V:29311-L
&
KCA:9400+00
TODAY 20100-bls 9500=10,200+Balochi/Afghani-AQ
&
Index-A:72.95+0.00
Brazil-59.68+0.20
INDIA:18930+320 & S6:38000+300
CHINA:CC12958+20-FUT:13375+535
Pakistan Cotton Sales Report
PUNJAB
Haroonabad : 3600 Bales @ 9900 / 10000 / 10200
Marrot : 200 Bales @ 10200
Multan : Afghani : 2000 bales @ 10150
Fort/A : 2400 bales @ 9800 / 9850 / 10000 / 10100
R/Pur : 200 Bales @ 10000 – Balochi
Yazman : 600 Bales @ 9900 / 10000
A/P/East : 400 Bales @ 10000
B / Nagar : 600 Bales @ 9800 / 10000
Faqir – Wali : 1800 Bales @ 9800 / 9950 / 10000
Lodhran : 400 Bales @ 9800 / 9900
Hasil – pur : 200 Bales @ 9875
Chishtian : 200 Bales @ 9850
KWL : 600 Bales @ 9800
Sadiq – Abad : 200 Bales @ 9800
Mian – Channu : 600 Bales @ 9600 / 9700
R – Y – Khan : 200 Bales @ 9700 – AQ
CCW : 700 Bales @ 9500 / 9600
Shujh – Abad : 200 Bales @ 9600
D – G – Khan : 400 Bales @ 9500
SINDH
Kotri : 4000 Bales @ 9650 / 9800 – LDC
MehrabPur > 600 Bales @ 9700
Yarn Prices
100% Cotton Carded Weaving Yarns
Ne 16/1 @ USD 2.13 per kg
Ne 20/1 @ USD 2.20 Per kg
Combed Compact knitting yarns
24/1 @ USD 2.72 Per kg
26/1 @ USD 2.75 Per kg
28/1 @ USD 2.79 per kg
30/1 @ USD 2.82 Per kg
32/1 @ USD 2.89 Per kg
Terms: CIF Far East main ports