The official spot rate was unchanged at Rs 8,800, they added. USDA’s Cotton Systems report indicated 1,349 RBs were consumed in October. This has made domestic cotton cheaper than the imported cotton, however, large availability of cotton in the current year and forecast of a big crop ahead has kept the buying subdued. Cotton sales on the online cotton trading platform The Seam were 6,040 bales for an average gross price of 65.82 cents/lb. As of 2020 November 29, Sunday current price of Cotton is $73.240 (per pound) and our data indicates that the commodity price has been stagnating for the past 1 year (or since its inception).. Cotton has been showing a declining tendency so we believe that similar market segments were mildly popular in the given time frame. Cotton Market Report and Price Trend COTTON Highlights from 09 Nov,2020 - 20 Nov,2020 Cotton prices increased in the global market stimulated by the latest news about the COVID-19 vaccine. Cotton Price Forecast, Cotton (CT) price prediction. An upward trend in prices was noted in the cotton markets of New York, China, India on Monday which was replicated in Pakistan too. About the Cotton commodity forecast. A maund, a unit commonly used for ginned cotton in the country, is equivalent to 37.324 kilograms. Cotton stocks also climbed 27% on the month to 1,714 RBs. Cotton prices have increased even more last week as a maund of cotton is now selling at Rs300 higher. LXXXVIII No. This page offers detailed financial information on US Cotton #2; live price charts, forecasts, technical analysis, news, opinions, reports and discussions." During 2018-19, global cotton area and production are projected at 33.1 million Cotton Corporation of India (CCI) has slashed the price of its cotton to promote sales. Besides updating you about the tractor and implements prices on our website now you will find today cotton price and phutti rate in Pakistan 2020. Prices of seed cotton in Sindh were at Rs 3000-4000, in the Punjab seed cotton prices were at Rs 3600-4100 and in Balochistan, rates of seed cotton were at Rs 3600-4200, they said. Price target in 14 days: 75.721 USD. 5500 - 5800 at the Time of Harvesting ... USA, Pakistan, Brazil, Uzbekistan, Turkey, Australia, Turkmenistan and Mexico are major cotton producing countries in the world. Cotton prices in India increased by Rs100 too. Vol. We have started to post cotton rate on daily basis. Cotton Price and Phutti Rates Today Live Updates December 2020. That was up 29% mo/mo but 1% below 2019. Rates improved marginally on the cotton market on Tuesday in the process of trading activity, dealers said. CCI slashes cotton prices to boost sales 18 Jun, 2020, 01.02 PM IST. KHARIF 2019-20 PRE-SOWING PRICE FORECAST OF COTTON Cotton Price per Quintal will be around Rs. 80 KARACHI : Friday, November 06, 2020 K.C.A Official Spot Rate for Local Dealings in Pak Rupees FOR BASE GRADE 3 (THREE) STAPLE LENGTH 1 … We will updated the phutti rates as per market situation.