Home / Knowledge / News / Textiles / Soaring demand forces lint price to rise
Soaring demand forces lint price to rise
Nov '10
Traders at Karachi Cotton Association (KCA) stated that trading continued to remain range-bound in the midst of strong physical price and escalating spot rate of cotton lint owing to the soaring demand. Brokers revealed that the physical prices of cotton continued to remain at about Rs 11,650 per maund whereas prices of cottonseed also remained steady at about Rs 5,000 per maund.

Higher international price of cotton is forcing the major customers to strengthen their long standing in the market. In spite of the higher price of cotton lint, cotton lint trading remained steady with enhanced volumes at the markets in Sindh and Punjab.

As cotton lint trading took place on the basis of future delivery, the spot rate at KCA mounted by Rs 500 per maund to remain at Rs 10,500 per maund.

The cotton lint prices within the domestic market have been affected by the upward trend in the New York market as well as the higher asking price by Indian traders. Punjab continued to remain the volume leader as over 12,000 bales of cotton lint were traded, which fetched higher prices during the business.

Fibre2fashion News Desk-India

Must ReadView All

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

Hannah Lane

Encouragement from brands will motivate supply chains to become more...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Dinaz Madhukar
DLF Emporio and DLF Promenade

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Bani Batra

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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:
May 2017

May 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