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Cotton

Cotton market: prices improve amid tight supplies

December 27, 2014 - BR Report - Tight supplies of phutti helped rates to go up on the cotton market on Friday in the process of trading, dealers said. The official spot rate was unchanged at Rs 4,800, they added. In the ready session, around 20,000 bales of cotton changed hands between Rs 4600-5100, they said. In Sindh, prices were unchanged at Rs 1600 and Rs 2500, in Punjab inferior quality rose by Rs 200 to Rs 2200 while the best type was unmoved at Rs 2600, they said. According to…

Cotton market: Exporters show little interest amid slow arrivals

December 23, 2014 - BR Report - Exporters showed little interest in fresh buying on the cotton market on Monday in the process of slow arrivals of seed cotton, dealers said. The official spot rate was unchanged at Rs 4,750, they added. In the ready session, around 13,000 bales of cotton changed hands between Rs 4600-5000, they said. In Sindh, prices were unchanged at Rs 1600 and Rs 2350, in Punjab prices were at Rs 1800 and Rs 2550, they said. Cotton analyst, Naseem Usman commenting…

How women cotton-pickers wage protest paid off

Dec 8, 2014 - By Agencies - A woman works in a cotton field near the city of Multan Azeema Khatoon, a mother of five, has spent most of her life labouring in sunbaked cotton fields for less than $2 a day. Last year, she and a group of around 40 women struggling to feed and clothe their families on their meagre wages did something almost unheard for poor women working in rural Pakistan – they went on strike. The gamble paid off. Khatoon, 35, says she has nearly doubled her wage in…

Right time to fix cotton price

November 10th, 2014 - Mohammad Hussain Khan - While the cotton-picking season is not far from its end in Sindh, the Trading Corporation of Pakistan has yet to lift lint cotton from ginning factories. It has been over a month since the Economic Coordination Committee (ECC) had announced procurement of 1m bales from cotton ginners to stabilise prices, while approving the support price of Rs3,000 for seed cotton. However, procurement centres have not opened yet to lift cotton bales…

Change on cards: Local seed companies rule agriculture landscape, thus far

Oct 01, 2014 - By Zafar Bhutta - ISLAMABAD: Domestic seed companies catering to the needs of genetically modified (GM) crops are offered a satisfactory return in the country that is a dominant player in agriculture production. These companies, while promoting their seeds, have not disturbed conventional farming practices and farmers freely exchange GM crop seeds without any threat of penalty and flouting the law. Multinational firms, however, are unable to seize the opportunity due to…

Cotton market: selective buying by mills amid lean arrivals

October 01, 2014 - BR Report - Mills, spinners indulged in selective buying on the cotton market on Tuesday to meet the export obligations, dealers said. The official spot rate maintained rising trend, gaining Rs 50 to Rs 5,150, they added. In the ready session, over 7,000 bales of cotton changed hands between Rs 5000 and Rs 5400, they said. In Sindh, rates were at Rs 2400 and Rs 2550, in Punjab prices were at Rs 2300 and Rs 2550, they said. According to the market sources, most of the…

Silver fibre in distress: Pakistan Cotton

September 17, 2014 It is not just the yellow gold thats in vogue these days; its the white gold as well. According to figures released by the Pakistan Cotton Ginners Association (PCGA), between July 1 and September 1, 2014, cotton arrival to the factories increased by 2.1 percent to over 1.76 million bales compared to same period of last year. Dwindling arrival of cotton bales has been observed in Sindh ginneries, which recorded a decline of 12 percent in cotton production whereas the…

Cotton market: mills, exporters make fresh deals

 September 09, 2014 - BR Report - Fears of pest attack after rains, propelled mills to make forward deals on the cotton market on Monday, dealers said. The official spot rate managed to hold overnight level at Rs 5,600, they added. In the session, some 13,000 bales of cotton changed hands between Rs 5600 and Rs 5750, they said. They also said that some deals reported at Rs 5800 in late evening. In Sindh, rates of seed cotton at Rs 2550 and Rs 2650, in Punjab prices came were at Rs 2200…

Modest trade on cotton market on continuing rains

September 06, 2014 - BR Report - Modest trading was seen on the cotton market on Friday as rains continued for the fifth day in some parts of country, dealers said. The official spot rate managed to hold overnight level at Rs 5,600, they added. In the session, some 8000 bales of cotton changed hands between Rs 5600 and Rs 5750, they said. In Sindh, prices of seed cotton were unchanged at Rs 2500 and Rs 2600 and in Punjab prices were at Rs 2550 and Rs 2700, they said.…

Cotton growers advised to timely tackle red bug, dusky

August 19, 2014 - BR Report - Punjab Agriculture Department (PAD) has advised the cotton growers to timely tackle the threat of red cotton bug and dusky cotton bug for ensuring enhanced production of quality cotton. In an advisory issued here on Monday, PAD that these pests suck juices from the cotton plants and cause less production or result in affecting the quality by tainting the end produce. A spokesman of the PAD said that every year country suffer loss of billion of rupees…

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