KARACHI (May 10, 2008): Hovering worries about the size of cotton production for the new season and rising oil prices causing unrealistic rise in the prices, brokers said on the cotton market on Friday. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 3375.

FAISALABAD (May 10, 2008): City District Government has sanctioned Rs 1.5 billion for public development works with the financial support of industrialists and traders of the district. This was disclosed by City District Nazim, Rana Zahid Tauseef while addressing the members of Pakistan Textile Exporters Association (PTEA) at a handing over ceremony of machinery to Liver Centre.

KARACHI (May 10, 2008): The Chairman of All Pakistan Textile Mills Association (Aptma), Iqbal Ebrahim, has commented on the report attributed to the Governor State Bank of Pakistan that the textile sector has abused the R&D support. He said that the export of textile sector has increased from $8.564 billion to $10.757 billion in 2006-07 as compared to 2004-05, an increase of 25.6 percent.

FAISALABAD (May 10, 2008): Muhamamd Javaid Aslam, Chairman of Pakistan Hosiery Manufacturers Association (PHMA) (North Zone) has said that export-oriented value-added sector is battling for its survival in the face of stiff competition from neighbouring and other countries in the international market and the rising costs of doing business with a large number of industries closing down, leading to mass unemployment of skilled and unskilled labour including large number of female workers.

KARACHI (May 09, 2008): The cotton hedge trading has been resumed on Karachi Cotton Exchange after a gap of 32 years with the finalisation of a deal of 200 bales of the 2008-09 crop for August delivery. Market sources told Business Recorder on Thursday that traders and textile mills were anticipating that new cotton crop would also be short of demand.

LAHORE (May 09, 2008): Alam Cotton Mills is the 6th textile mill in Pakistan and among the only 36 companies worldwide to have this certification from Uster Technologies AG, Switzerland. In addition, Alam Cotton Mills, a spinning mill with the state of the art machinery set up from Switzerland, also holds the license to produce Com4 yarns in Pakistan and it is also ISO 9001:2000 certified.

MIRPURKHAS (May 09, 2008): District Naib Nazim, Mirpurkhas, Dr Zafar Ahmed Kamali has called for adopting modern agricultural technology to obtain higher production of crops, particularly cotton crop, to be able to earn more for the national exchequer through its export.

LAHORE (May 09, 2008): Alam Cotton Mills is the 6th textile mill in Pakistan and among the only 36 companies worldwide to have this certification from Uster Technologies AG, Switzerland. In addition, Alam Cotton Mills, a spinning mill with the state of the art machinery set up from Switzerland, also holds the license to produce Com4 yarns in Pakistan and it is also ISO 9001:2000 certified.

MIRPURKHAS (May 09, 2008): District Naib Nazim, Mirpurkhas, Dr Zafar Ahmed Kamali has called for adopting modern agricultural technology to obtain higher production of crops, particularly cotton crop, to be able to earn more for the national exchequer through its export.

LAHORE (May 09, 2008): With decreasing ready stocks of cotton from the current crop (2007-08) remaining unsold with the ginners and the forthcoming season (2008-09) still several months away before it can provide sizeable supplies to the domestic textile industry, lint prices in the ready market continue to give a steady appearance.

NEW YORK (May 10, 2008): Cotton futures settled firmer Friday on investor buying sparked by a charge in crude to new record highs, but profit-taking pared gains and analysts feel the market may gradually consolidate its gains into next week. ICE Futures' July cotton contract gained 0.70 cent to close at 71.55 cents per lb, trading from 70.54 to 72.25 cents.

WASHINGTON (May 10, 2008): USDA cotton export sales highlights for latest reporting week. Net Upland sales of 563,900 running bales were 12 percent below the previous week, but 58 percent above the prior 4-week average.

WASHINGTON (May 10, 2008): The US Agriculture Department set the prevailing world market price for upland cotton at 57.77 cents per pound, effective through May 15. The price is adjusted to US quality and location for Strict Low Middling, 1-1/16 inch upland cotton.

NEW YORK (May 10, 2008): Thursday's closing prices of New York cotton in US cents/lb.

NEW YORK (May 09, 2008): Cotton futures closed higher on Thursday on investor short-covering as players put the final touches on tweaking positions ahead of Friday's government crop report, brokers said. ICE Futures' July cotton contract rose 0.48 cent to finish at 70.85 cents per lb, trading from 70.05 to 71.14 cents.

NEW YORK (May 09, 2008): Cotton futures closed higher on Thursday on investor short-covering as players put the final touches on tweaking positions ahead of Friday's government crop report, brokers said. ICE Futures' July cotton contract rose 0.48 cent to finish at 70.85 cents per lb, trading from 70.05 to 71.14 cents.

NEW YORK (May 09, 2008): Wednesday's closing prices of New York cotton in US cents/lb.

NEW YORK (May 09, 2008): Wednesday's closing prices of New York cotton in US cents/lb.

NEW YORK (May 08, 2008): Cotton futures closed mixed Wednesday as the market dawdled in a band while players adjusted positions ahead of a government crop report at the end of the week, brokers said. ICE Futures' July cotton contract rose 0.01 cent to finish at 70.37 cents per lb, trading from 69.37 to 70.61 cents.

NEW YORK (May 08, 2008): Tuesday's closing prices of New York cotton in US cents/lb.