International Cotton Prices 18-09-2020

Cotton prices at the global front remained stable with little bearish sentiment. It was expected after the latest USDA demand and supply report as no major change has been projected in global cotton production and consumption. Pakistan Cotton Prices also remained firm and stable especially for the medium grade specification. while for the fine quality …

International Cotton Prices 18-09-2020 Read More »

International Cotton Position 17-09-2020

China Cotton market remained stable with minor increase.Indian Cotton market also remained stable with little downward trend.New York Cotton market was a bit soft and closed in negative.Only Pakistan cotton market was firm and ginners were not willing to decrease the price of fine quality fiber. On the other hand spinners were also seen showing …

International Cotton Position 17-09-2020 Read More »

International Cotton Position 16-09-2020

NYC-CLOSEDDec66.37-0.07Mar67.18-0.06May67.80-0.04July68.34-0.04TOTAL VOLUME 13255-LOTS&KCA:8600+50Index-A:72.10+1.60Brazil:58.62-0.12INDIA:FUT:18050+70 & Shan-6:36600CHINA:12485+00 & CC:12758+76 Pakistan Cotton Sales Report A tug of war continued between the spinners and ginners. Although supply position of cotton is getting better day by day but ginners are still insisting on higher prices looking at the imported cotton parity as imported cotton options for fine quality cotton are …

International Cotton Position 16-09-2020 Read More »

International Cotton Position 14-09-2020

New York Cotton Future ICE cotton futures surprised the textile chain with unpredictable move when mostly people were expecting some stable or downward trend with 7.0 million bales carryout. The main reason behind this dramatic move is said to be the Tropical Storm Sally heading towards the New Orleans area pushing into the cotton fields …

International Cotton Position 14-09-2020 Read More »