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| Cotton Analysis | [1-0 of 0 stories]
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Cotton market may find direction after Eid holidaysKARACHI (September 06, 2010): Pakistan Cotton Ginners' Association has released its periodical cotton figures according to which seed-cotton equivalent of 0.995 million bales reached ginneries by 1st September, 2010 against 1.291 million bales received last year - a decrease of about 23 percent.
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Cotton market witnesses moderate activityLAHORE (September 03, 2010): Despite New York cotton futures and lint prices having risen to two and a half year high levels, local lint prices saw only moderate gains in a steady market. Recent decline of ready cotton prices in the domestic market indicates a major correctional factor as they had reached very high levels during the recent past, but now some demand seems to have appeared again.
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Cotton prices stable despite conflicting reports on crop damageKARACHI (August 30, 2010): Trading in cotton sustained despite fluctuating prices to meet the orders in hand making a balance. The spot rate leap was restricted, which opened unchanged at Rs 6300, in trading process it enhanced by Rs150 at Rs 6450 and week closing was seen at the same level on August 28,2010.
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Bulls command, control cotton marketsKARACHI (August 30, 2010): Peak of the monsoon rains and floods is over and monsoon weather is on its last leg. However, after effects of the inclement weather would be there for longer time. Continued humid weather and growth of unwanted weeds, vegetation and grass in the fields may prompt attacks of plant pests and diseases in next month.
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Cotton market remains steadyLAHORE (August 27, 2010): Barring a short-lived spike early this week which later petered out, cotton prices have more or less remained steady over the past one week or so. Some volatility creeps in and the market becomes fidgety due to uncertainty bred by rains and floods of gargantuan proportions which have created chaos and havoc over a large part of the country since last one month.
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Cotton prices in ready, spot rates turn downwards sharply on increased phutti arrivalsKARACHI (August 23, 2010): Modest trading in cotton was marked as prices depicted variations. Spot rate raised by Rs 100 to Rs 6600 on the opening day, while rates in ready -- higher than spot rate - Rs 6700. After moving up and down spot rate was brought down to Rs 6300 and lint prices to Rs 6000-6550 on the week closing day on August 21,2010.
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Sharp decline in cotton pricesLAHORE (August 20, 2010): In a major correctional initiative, cotton prices fell precipitously on the ready market on Thursday ranging from Rs 300 to Rs 600 per maund (37.32 Kgs). Sindh prices conceded between Rs 100 to Rs 300 per maund while Punjab suffered a decline Rs 300 to Rs 600 per maund (37.32 Kgs) of cotton on Thursday compared to a day earlier.
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