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Category: News

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Cotton prices hit season’s high

Cotton prices hit season’s high level on the cotton market on Monday as the ginners were reluctant to lower asking prices of fine types, dealers said. The official spot rate was higher by Rs...

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Sugar cane production in Sindh registers decline in FY2018-19

HYDERABAD: Sugar cane production in Sindh recorded a significant drop in 2018-19 season from what it was in 2017-18 caused mainly by seemingly unending controversy over the issue of fixation of cane price, long...

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Nine Dutch companies want to invest in Pak poultry, livestock sectors

ISLAMABAD: The Netherlands Ambassador to Pakistan Wouter Plomp on Wednesday said that nine Dutch companies have shown interested for investment in Pakistan’s poultry and livestock sector. The ambassador said this in a meeting with...

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Higher prices decline business on cotton market

Higher prices propelled mills to keep away from making new deals on the cotton market on Wednesday in the process of trading activity, dealers said. The official spot rate was unchanged at Rs 8700,...

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ICE cotton treads water ahead of weekly export sales

ICE cotton futures were little changed on Wednesday as investors waited for weekly federal export sales data from the US Department of Agriculture for more information on demand for the natural fiber. Cotton contract...

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Listless business seen on cotton market

Not a single deal reported on the cotton market on Wednesday as mills were conspicuous by their absence, dealers said. The official spot rate was unchanged at Rs 8100, they added. In ready session,...

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Withdrawal of Power Division’s summary

The country’s textile industry has approached the government at the highest level for withdrawal of a Power Division’s summary regarding recovery of Rs 21 billion at Rs 1.80 per unit.According to a letter written...

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Recent spell of rains: a blessing for rice farmers

KARACHI: The recent monsoon rains have helped overcome the water shortfall for summer crops, aiding farmers in ensuring a good rice yield and preparing land for potato, gram and canola in Pakistan.“The raining has...

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Cotton futures rise on weaker dollar, WASDE data awaited

Cotton prices rose on Monday, helped by a weaker dollar and as some investors covered their short positions before the government’s monthly demand and supply crop report due on Thursday.Cotton contracts for December rose...