Pakistan'S Cotton Market Is Still In The Doldrums, And The Number Of New Flower Listing Has Increased.

< p > cotton market in Pakistan is still in the doldrums, new flower listing has increased, and purchasing power of textile enterprises is not enough to bring pressure on domestic cotton prices.

The procurement of textile enterprises is still more cautious. Only for immediate demand, there is limited volume and new flower sales have increased. The price of the ginning plant is between 6400 and 6450 rupees /maund (78.90-79.50 cents / pound).

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< p > new export quotes in the traditional export market are mainly for 7/8 month shipment. Indonesia purchases hundreds of tons of Type1467 cotton, to Jakarta CFR price 82.00-83.00 cents / pound; Type1503 to India Du Gore CFR price 83.00-85.00 cents / pound.

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< p > hot and humid weather in Pakistan, the growth of new flowers is gratifying. The day temperature is still high this week, between 38-40 degrees Celsius: the meteorological department predicts that the hot and humid weather will continue for a while. Cotton farmers are concerned about pests and diseases. At present, local pests are not serious.

The growth of crops is normal, and the monsoon has an impact on cotton seedlings. Potential heavy rainfall and flood disasters will pose a threat to crops.

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< p > the seed cotton purchase in some early sowing areas continued, mainly from the early sowing area in the southern part of Sindh province.

Many cotton ginning plants start off intermittently, and the quality of seed cotton and lint is good. The seed cotton price is 2600-2700 rupees /40 kg (according to today's Pakistan rupee RMB exchange rate 1:0.616 conversion, equivalent to 2-2.08 yuan / Jin).

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P > according to Pakistan's "commercial records", the early arrival of the Pakistan seasonal wind and rain this year may have a negative impact on cotton production.

Pakistan a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > officials said that the cotton production in Pakistan is expected to be 2 million 397 thousand tons in the 2013/14 year, and the cotton planting area will be 48 million 600 thousand mu, up 5.7% over the same period last year.

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< p > Pakistan textile officials say that if future rainfall is intermittent, it may be beneficial to cotton production, and if rainfall continues, it will have adverse effects on cotton production.

It is reported that the Pakistan cotton crop assessment committee (CCAC) will meet in July 5th to discuss planting area and output this year.

According to the forecast of Pakistan meteorological department, the rainfall in Pakistan is normal in July, and the rainfall in August will gradually increase.

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