Home / Knowledge / News / Textiles / Trading stalled at Karachi Cotton Association
Trading stalled at Karachi Cotton Association
May '10
Pakistani cotton dealers averred that, no deal was inked on the Karachi Cotton Exchange (KCE) last week, over uncertainty on the imposition of regulatory duty on yarn exports.

Dealers further informed that, the Karachi Cotton Association (KCA) spot rates remained stable at Rs 6,400 per maund and Rs 6,859 per 40 kilograms without any changes in rates.

July cotton exports to the US fell by 0.56 cents standing at 81.28 cents per pound, whereas rate for October payments recovered by 0.42 cents registering 78.57 cents per pound.

More so, there seems to be some rumour, doing the rounds of Pakistani cotton market that, the recently imposed regulatory duty will most likely be cut to 7.5 percent from the current 15 percent.

The Ministry of Textile Industry had just recently formed two representative bodies for both the spinning and value-added segments in order to solve their problems. Two renowned industrialists, who were chosen to head these bodies, will soon present a proposal for resolving the sector-based problems.

Fibre2Fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Bani Batra

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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