Karachi, The Karachi Cotton Association Tuesday expressed serious concern on the reports that the Government is considering to induct the TCP as alternative buyer in the market to stabilize cotton prices. The KCA is of view that any intervention [...]

Karachi, Textile and clothing exports during the current financial year are likely to rise by 45% on the previous fiscal year, according to projections from the All Pakistan Textile Mills Association (APTMA). APTMA predicts exports of US$20 [...]

LAHORE, Unprecedented gas suspension to the export-oriented textile industry coupled with high interest rate at 14 percent due to government borrowing has not only jeopardized growth of the textile industry and exports but put the survival of [...]

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said banks should play role in development of economy while government should limit borrowings to pave way for affordable private sector credit. Pakistan was not formed for banks rather banks [...]

KARACHI: Spot rate of the average-quality lint increased by Rs100 to reach Rs7,250 per maund on Monday as China heavily lifted the commodity, dealers said. “China, after its national holidays, snapped up raw cotton and yarn in bulk, luring [...]

KARACHI: Cotton market witnessed brisk trading activity on Friday because of ample supplies of the commodity, dealers said. More than 20,000 bales of raw cotton were traded in the local market because of the sunny weather conditions, which lured [...]

KARACHI: Cotton prices remained stable on Wednesday for the second consecutive day amid dull trading because of supply disruptions, dealers said. “Local cotton market will be stable at present, but commodity rates will surge soon after Eid [...]

KARACHI: Spot rate of average-quality lint surged by Rs100 to Rs6,400 per maund on Monday as mill-owners bought the commodity on higher rates ahead of Eid holidays because of transportation problems, dealers said. “Leading buyers lifted cotton [...]