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Pakistan Cotton Ginners Association (PCGA)

PCGA issues figures for cotton production

November 19, 2012 RAHIMYAR KHAN - Pakistan Cotton Ginners Association (PCGA) has issued fortnightly figures of domestic cotton production. Accordingly, all countrywide ginning factories have so far received seed-cotton (phutti) equivalent to 8,519,075 cotton bales up to 15th November, 2012, that’s 550,257 bales (7pc) in excess to previous year corresponding arrivals. However according to PCGA report seed cotton arrivals in ginning factories of Punjab are 5,723,266 bales up to 15th…

Spot rate slightly up amid modest trading on cotton market

November 17, 2012 Trading activity slowed down on the cotton market Friday in the absence of fresh demand by mills and spinners, dealers said. Official spot rate inched up by Rs 25 to Rs 5,925, they said. Approximately, 16,000 bales of cotton changed hands between Rs 5700-6200, they said. Prices of seedcotton (phutti) in Sindh were at Rs 2650-2850, in Punjab rates were at Rs 2600-2950, they said. In the absences of fresh leads, the mills and spinners did not show so much…

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