ANALYSIS: Indication Of Surplus Cotton In
This Season
The crucial month of September and early October have been
passed with out any damaging any major lose to cotton crop
except some minor attack in sind due to rain, but yesterday
it was hail storm in some part of Dera Ghazi Khan District
damaging cotton crop in some areas of the district.
October
2004
ANALYSIS: cotton prices steady on aggressive
buying
The robust seed-cotton arrival figures, equivalent of 3.6
million bales, in the first fortnight of this month do
indicate a larger cotton crop this season, but field reports
indicate some damage to cotton crop due to pest attack and
rains.
October
2004
ANALYSIS: overnight gains reported on cotton market
Despite news of heavy seedcotton (kapas/phutti) arrivals over
the past several weeks and very optimistic projections for
output for the current crop (2004-2005, lint prices showed a
fair modicum of stability.
October
2004
ANALYSIS: prices firm up in cotton market
Prices of ready cotton have firmed up within this fortnight
primarily due to exporters entry in the market coupled with
a positive purchasing stance displayed by the Trading
Corporation of Pakistan (TCP).
October
2004
ANALYSIS:Quality of crop may be affected by rain
Heavy rain received throughout Sindh and light rain in Punjab
in cotton growing areas of both the province as result of
this there is a risk of pest attack in these areas.
October
2004
ANALYSIS: aggressive buying halts declining trend in cotton
prices
According to Pakistan Cotton Ginners' Association (PCGA)
report, seed-cotton (phutti) arrivals up to September30 have
registered a robust increase of 85.90 percent (Sindh 59.83
percent and Punjab 103.45 percent) over same period of last
year.
October
2004
ANALYSIS: cotton market gains stability
Cotton prices achieved an element of stability on Thursday
after many days which saw incessant fall of lint values.
October
2004
ANALYSIS: prices collapse on cotton market
Cotton prices collapsed over the past two or three days
conceding about Rs 200 to Rs 250 per maund (37.32 kgs) only
since yesterday, lint prices have lost Rs 100 per maund.
October
2004
Analysis: Whether grower get reasonable price
By the blessing of God we expect a bumper crop this year and
target will be achieved which is 10.7 million bales ,the
quality of cotton is also good ,this happened due to
increase in cultivation area and pest attack is less due to
shortfall of rain.
September
2004
ANALYSIS: cotton selling below government price despite
TCP's entry
Except for some scattered rains in a few cotton areas in Sindh
and Punjab the weather has been very conducive in the past
two weeks. So, the prospects of a bumper cotton crop have
brightened up considerably.
September
2004
ANALYSIS: exporters revive cotton prices
After a sizeable slump recorded in cotton prices over the
previous several sessions, exporters entered the market
which resulted in the increase in lint prices on Thursday by
Rs 25 to Rs 50 per maund (37.32 kgs).
September
2004
ANALYSIS: larger phutti arrivals depress cotton prices
Pakistan Cotton Ginners' Association (PCGA) last week released
its seed-cotton arrivals report but without comparative
figures of last season. However, we give below comparison
with a difference of one fortnight.
September
2004
ANALYSIS: steady condition in cotton market
Cotton prices remained fairly steady on Thursday as seedcotton
(kapas/phutti) arrivals are increasing progressively
indicating a very good cotton season this year (2004-2005)
under the prevailing circumstances.
September
2004
ANALYSIS: weather conditions directly influencing cotton
prices
All eyes are set on weather conditions. Any change in weather
conditions would directly influence cotton crop, either
quantitatively or qualitatively, in almost all cotton
producing countries of Northern Hemisphere.
September
2004
ANALYSIS: larger cotton
arrivals, weak New York advice depress prices
Countdown of crucial period for cotton has already started.
The other day Punjab Agriculture Department was cautioning
cotton growers through e-media to remain vigilant on the
possibility of boll-worm attack in cotton belts of Punjab in
view of the presence of some eggs of boll-worms on cotton
plants in some areas including Rahimyarkhan and Okara
districts.
September
2004
ANALYSIS: conducive weather
conditions brighten bumper cotton crop prospects
Conducive weather is brightening the prospects for a bumper
cotton crop of 11.5 million 375-lb bales in 2004-05 season
with very good cotton quality. As the harvesting is gaining
momentum, more and more ginning factories are resuming
operation in new crop cotton..
August
2004
Analysis: many mills active in cotton market
A flurry of buying activity was witnessed on cotton market
when a number of mills purchased most of the available
stocks in recent sessions. Moreover, lint prices rose about
Rs 50 per maund (37.32 kgs) on Thursday with tendency to
remain on the steady side.
August
2004
Analysis: Pakistan to buy wheat at lower prices
With strong signs that the world will produce a bumper wheat
crop this year, Asian grain buyers may increasingly drag
their feet on signing deals in an effort to put pressure on
suppliers to cut prices.
August
2004
ANALYSIS: some positive developments improve cotton prices
The much-awaited and widespread rains last week in cotton
areas of Sindh and Punjab cotton belts have benefited the
cotton crop. Since cotton sowing was not done at one time
but at different times due to shortage of irrigation water,
the crop throughout the country is at different stages of
growth.
August
2004
ANALYSIS: prospects of bumper new crop further depress
cotton prices
New cotton season 2004-05 has taken its start from August 1,
but previously Pakistan's cotton season used to commence
from September 1 every year.
August
2004
ANALYSIS: panicky sellers surrender to cotton buyers
With the completion of sowings in the late sowing areas,
cotton sowing in 2004-05 season has come to an end. Cotton
harvesting in early sowing areas of Lower Sindh and some
areas of central Punjab in Sahiwal, Chichawatni and Mian
Chunnu has already commenced.
July 2004
ANALYSIS: World cotton and textile prices drift on bumper
crop reports
At last the government, which has been claiming of having
sufficient wheat stocks for the current year (2004-05),
despite reservation of independent analysts, has decided to
import one million tonnes of the commodity to meet the
estimated requirement of the country during the year.
July 2004
ANALYSIS: cotton prices reeling under intense pressure
Cotton prices fell precipitously and recorded a large fall of
Rs200 to Rs300 per maund (37.32kgs) over the past one month
or so.
July 2004
ANALYSIS: free-fall in cotton prices
Cotton prices in Pakistan plunged sharply during last
fortnight and lost anywhere from Rs 100 to Rs 200 per maund
(37.32 kgs) with tendency to concede further ground.
June 2004
ANALYSIS: new crop arrival reports, weak world prices
depress cotton market
Harvesting of new cotton crop (2004-05 season) has reportedly
commenced in the early sown areas of lower Sindh while
sowing is still going on in some areas of upper Sindh and
southern Punjab.
June 2004
ANALYSIS: gargantuan growth in cotton economy
Massive investment is continuing in the textile industry,
which is moving ahead at galloping speed. According to
various reports, another 1.5 million to 2 million
state-of-the-art spindles are being installed during the
current 12 months which is unprecedented in the history of
Pakistan.
June 2004
ANALYSIS: downturn in New York depresses domestic cotton
prices
Further free fall in New York cotton futures prices has
depressed domestic lint values so that little activity is
being reported in the market.
June 2004
ANALYSIS: further fall in cotton prices
Lint prices dipped at least another Rs 50 per maund (37.32kg)
this week following the general decrease in New York cotton
futures prices since last week and also because mills in
Pakistan have booked more imported cotton recently and are
thus adequately covered.
June 2004
ANALYSIS: cotton sellers prevail upon buyers for higher
price
Cotton planting has almost been completed in Lower Sindh,
while it is in progress in Upper Sindh and Punjab.
Previously, there was no shortage of canal water, sowing in
one area was simultaneously, but now due to shortage of
canal waters, cotton growers get water on turn resulting
delay in sowing.
June 2004
|
