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

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mark Paterson
Technical Absorbents Ltd

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

Ritu Kumar
Label Ritu Kumar

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin

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

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search