Home / Knowledge / News / Textiles / Weekly over view of cotton market
Weekly over view of cotton market
Jun '08
Pakistan has emerged as the fifth largest producer of cotton in the world, employing more than 1.3 million farmers who are cultivating over 3 million hectares, covering 15 per cent of the cultivable area in the country.

Cotton and cotton products contribute near about 10 percent to GDP and around 55 percent to the foreign exchange earnings of the country.

Even though the cotton crop in the present financial year, in various regions, is suffering for a variety of reasons, including poor germination in Punjab, high temperatures during August and September 2007 and pest like mealy bugs attacks, the merchants are quite happy with positive trade deals.

During the week starting from June 16- 21, the market remained in the tight grip of ginners.

According to available reports, a moderate amount of seed cotton was sold at near about Rs2,100 per 40 Kg ex-factory. Cottonseed was priced at Rs900 per maund from new crop in Sindh. The cost of lint cotton was marked over Rs4,000.

Recently heavy rains in Rahimyar Khan District ruined the newly sown cotton, which now requires re-sowing.

At the end of season in June, lint prices set high record of Rs 4,100 per maund, showing an increase of 57.69 percent.

Presently, the spot rates at the Karachi Cotton Association (KCA) remained firm at Rs3,800 per maund and demand for fine lint moved on to the higher side.

For complete quotation of today's price click here

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Courtesy: Commonwealth Bank of Australia

Textiles | On 25th Oct 2016

World’s first cotton shipment using Skuchain’s Brackets

The world’s first trade transaction involving shipment of cotton...

Textiles | On 25th Oct 2016

Cotton yield to increase to 568.29 kg/ha in 2016-17: CAB

At its first meeting for the cotton season 2016-17, the Cotton...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search