The domestic cotton market in Pakistan remains stable. Although the demand for textile mills is weak, the ginning mills still maintain a strong offer. In recent days, there have been several hundred packages of new flower transactions, and the delivery price is Rs. 8700-8900/maund.
Sindh and Punjab provinces are currently offered at INR 8000-8800/maund (113.60-125.00 cents/lb).
According to statistics, during the current fiscal year (2010.8.1-2011.6.15), Pakistan exported 674,587 bags (115,000 tons) of cotton, during which 572,488 bags (9.7 million tons) were shipped.
In May, Pakistan imported a total of 20,960 tons of cotton, and this year (2010.8.1-2011.5.31) has cumulatively imported 283,613 tons.
Sindh and Punjab provinces are currently offered at INR 8000-8800/maund (113.60-125.00 cents/lb).
According to statistics, during the current fiscal year (2010.8.1-2011.6.15), Pakistan exported 674,587 bags (115,000 tons) of cotton, during which 572,488 bags (9.7 million tons) were shipped.
In May, Pakistan imported a total of 20,960 tons of cotton, and this year (2010.8.1-2011.5.31) has cumulatively imported 283,613 tons.
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