Tag: cotton

Cotton nearly unchanged

PAR Apr 27, 2017 0

ICE cotton futures were nearly unchanged in light trading on Wednesday as traders awaited direction from a weekly federal report on US export sales. "...

ICE Cotton Technical Chart and Analysis 26th April 2017

PAR Apr 26, 2017 0

Cotton 1707 continued to fall and registered a lower low and a lower high. This suggests that the downtrend is likely to continue. However, market is...

ICE Cotton Technical Chart and Analysis 20th April 2017

PAR Apr 20, 2017 0

Cotton 1705 registered a higher high which indicates momentum is strong. Moreover, the Stochastic Oscillator and the RSI have continued to increase, s...

ICE Cotton Technical Chart and Analysis 13th April 2017

PAR Apr 13, 2017 0

Cotton 1705 formation suggests that it is consolidating below 14-DMA while holding ground above its critical support of 74.04 cents. However, any upsi...

ICE Cotton Technical Chart and Analysis 7th April 2017

PAR Apr 7, 2017 0

We remain bearish on the market and expecting 73.22 cents, which may further deepen to 73.00 cents. However, a rebound will be limited at 75.52 cents....

Selected buying on steady cotton market

PAR Apr 7, 2017 0

Traders said in Karachi on Thursday that only selected buying of cotton from the current crop (August 2016/July 2017) is being conducted as prices rem...

ICE Cotton Technical Chart and Analysis 30th March 2017

PAR Mar 30, 2017 0

Closing below 50-DMA will keep the bear alive in next couple of session and targeting 75.52 cents level. However, a rise above 76.63 cents will cause...

Hectic trade activity on cotton market

PAR Mar 29, 2017 0

Hectic trade activity was witnessed on the cotton market on Tuesday as some mills indulged in forward buying as ginners were ready to oblige them. The...

Irsa projects big water shortage

PAR Mar 28, 2017 0

Indus River System Authority (Irsa) on Monday projected a 35 percent water shortage for crops in upcoming Kharif season staring from April 1, 2017 fea...

Modest business in steady cotton market

PAR Mar 23, 2017 0

Domestic cotton market appeared to be in a steady state on Wednesday even as ginners were in selling mood by starting to unload their stocks. The weat...

ICE Cotton Technical Chart and Analysis 22nd March 2017

PAR Mar 22, 2017 0

Cotton 1705 is likely to test its channel support area on daily chart, where a break below will drag the market towards 76.17 cents (50-DMA). However,...

PMEX daily trading report

PAR Mar 16, 2017 0

On Tuesday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,992. The total traded value of Metals, Energy and COTS/FX was re...

Cotton prices up on rise in demand

PAR Mar 16, 2017 0

Rates picked up on the cotton market on Tuesday as some leading spinners showed interest in fresh deals, dealers said. The official spot rate was unch...

Cotton prices steady on modest trade activity

PAR Mar 16, 2017 0

Prices were steady on the cotton market on Wednesday in the process of modest trade activity, dealers said. The official spot rate was unchanged at Rs...

Business Punjab stops cotton sowing before April 15

PAR Mar 15, 2017 0

LAHORE: The government of Punjab has issued directives, telling farmers to refrain from cotton sowing before April 15 and complete cultivation by May...