Home / Knowledge / News / Textiles / Spot rate of cotton reaches record high
Spot rate of cotton reaches record high
Nov '10
As the spot rate of cotton touched Rs 10,000 per maund level, it reached a record high on 8th November when cotton was traded at Rs 10,600 per maund in the upper Sindh region.

Pakistan is expected to experience a deficit in the production of cotton and it is likely to be about 2.1 million bales in the current cropping season. Besides the country is currently witnessing highest cotton prices owing to India's denial to export 550,000 bales of cotton to Pakistan and New York highs.

Markets in Punjab continued to lead as 20,000 bales of cotton were traded there whereas markets in Sindh got the highest price for cotton during the trade.

Textile and spinning industry merged their long standing in the market and bought lints of all grades on cutthroat prices whereas ginners having fine lint stayed firm on their asking rate.

The influx of cotton seed remained stable in Sindh as well as Punjab markets. The cotton seed price soared by Rs 500 per maund in one day to touch Rs 5,000 per maund mark on 8th November.

Fibre2fashion News Desk-India

Must ReadView All

Apparel/Garments | On 27th Jun 2017

Vietnam to build fashion, textile, trading centres

Vietnam's Ho Chi Minh City will build large centres for designing...

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Interviews View All

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mark Paterson
Technical Absorbents Ltd

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

Eric Scholler

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

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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


news category

Related Categories:
July 2017

July 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search