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Weekly review of Pakistan's cotton businessThe textile sector, which plays an important role in the country's economy, exports and employment, is on the verge of collapse. The All Pakistan Textile Mills Association (APTMA) has urged the government to restore energy concessions as the industry is unable to survive as energy prices in regional countries are relatively low, making it impossible for the Pakistani textile sector to compete with them Is.The government has withdrawn power subsidies given to five export industries, including the textile sector, to meet IMF conditions, increasing the cost of electricity from Rs 19 per unit to Rs 40 per unit. Interest was also raised by 3% from 17% to 20%, and the dollar interbank rate rose by Rs 19 to Rs 286. It had reached up to Rs 300 in the open market but later declined somewhat.Cotton prices remained stable in the local cotton market last week. In the beginning of the week, some groups of textile mills showed interest in buying cotton. Later on Wednesday, there was a sudden rise in the dollar rate after which the ginners became cautious and started demanding higher prices, while the spinners remained silent due to higher prices.Cotton prices in Sindh province ranged between Rs 19,000 and Rs 20,500 per head, depending on the quality, which is available in small quantities. The price of footi in Sindh ranged from Rs 6500 to Rs 8500 per 49 kg. Cotton rates in Punjab ranged from Rs 19,000 to Rs 20,000 per head, while cotton rates ranged from Rs 7,000 to Rs 9,500 per 40 kg. Cottonseed cake and oil prices remained relatively stable.The spot rate committee of the Karachi Cotton Association increased the spot rate by Rs 2,00 per head and capped it at Rs 20,000 per head. Cotton demand and prices are expected to increase in the domestic cotton market, but cotton stocks are very low in the domestic market while deliveries of imported cotton are getting delayed due to L/C issues and sharp rise in dollar prices. This will increase the price of imported cotton.Karachi Cotton Brokers Forum President Naseem Usman has said that cotton rates remained stable in the international cotton markets. According to the USDA's weekly export report, one lakh seventy thousand six hundred bales were sold for the year 2022-23. China remained on top by purchasing 81 thousand 600 bales. Vietnam finished second after buying 78,900 bales, including 900 bales from China and 100 from Japan. India bought 18,400 bales and stood third.

Stable trend in cotton yarn market in South India amid Holi With the Holi festival round the corner, domestic demand for cotton yarn has come down in South India. As a result, cotton yarn prices in Tiruppur have taken a stable trend. Actually, apart from the coming of the festival, the holiday of the workers in the factories has also been a major reason for this. According to traders, the absence of laborers and the financial closure slowed down production activities in March. Domestic demand was weak as compared to export demand, but prices held steady at Mumbai and Tiruppur.In Mumbai, the market experienced weak demand from the downstream industry. However, export buying turned marginally better and cotton yarn prices held steady. Jai Kishan, a Mumbai-based trader, said, "Workers were going on leave for the Holi festival, and the financial closure in March also curtailed production activities. Hence, local demand was slow. However, there was no drop in prices." I."In Mumbai, cotton yarn of 60 count of warp and weft varieties traded at Rs 1,525-1,540 and Rs 1,450-1,490 per 5 kg (GST extra), respectively. Cotton yarn of 80 cards (weft) was priced at Rs 1,440-1,480 per 4.5 kg. The price of 44/46 count carded cotton yarn (warp) was ruling at Rs 280-285 per kg. 40/41 count carded cotton yarn (warp) was trading at Rs 260-268 per kg and 40/41 count combed yarn (warp) was trading at Rs 290-303 per kg.Meanwhile, prices remained stable in Tirupur market as well. Trade sources said demand was moderate, which may support the current price level. Mills located in Tamil Nadu were running at 70-80 per cent production capacity. The market may get support next month when the industry renews its production in the next financial year. In the Tiruppur market, 30 count combed cotton yarn was trading at ₹280-285 per kg (GST extra), 34 count combed at ₹292-297 per kg and 40 count combed cotton yarn at ₹308-312 per kg.In Gujarat, cotton prices declined again after a marginal gain in the previous session. Trade sources said spinners were buying cotton, but they were cautious about prices. The mills were trying to grab cheap deals. Cotton arrivals in India were estimated to be around 1.58 lakh bales (170 kg) per day, while 37,000 bales were recorded in the Gujarat market. The prices were hovering between Rs 62,500 to Rs 63,000 per candy of 356 kg.

Slow trading in Pakistan's cotton marketThe local cotton market remained stable on Monday with thin trading volumes. Cotton analyst Naseem Usman told that the price of cotton in Sindh is Rs 18,000 to Rs 20,500 per head. The price of cotton in Punjab is Rs 18,500 to Rs 20,000 per head.The rate of footi in Sindh ranges from Rs 7,000 to Rs 8,300 per 40 kg. The rate of footi in Punjab ranges from Rs 7,000 to Rs 9,200 per 40 kg. The spot rate remained unchanged at Rs 20,000 per head. Polyester fiber was available at Rs 355 per kg.

डॉलर के मुकाबले रुपया 3 पैसे कमजोरआज शाम को डॉलर के मुकाबले रुपया 3 पैसे की कमजोरी के साथ 79.63 रुपये के स्तर पर बंद हुआ।सेंसेक्स में गिरावट 372 अंक टूटकर बंदआज शेयर बाजार में गिरावट के साथ क्लोजिंग हुई।आज जहां सेंसेक्स करीब 372.46 अंक की गिरावट के साथ 53514.15 अंक के स्तर पर बंद हुआ।वहीं निफ्टी 91.60 अंक की गिरावट के साथ 15966.70 अंक के स्तर पर बंद हुआ। Rupee weakens by 3 paise against dollarToday evening, the rupee closed at Rs 79.63 with a weakness of 3 paise against the dollar.Sensex closed down by breaking 372 pointsToday the stock market closed with a fall.Today, where the Sensex closed at a level of 53514.15 points down by about 372.46 points.On the other hand, Nifty closed at 15966.70 points down by 91.60 points.

RAJASTHAN COTTON SOWING 

Sensex rises further, opens up 246 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 246.05 points to open at the level of 54132.66 points. On the other hand, the Nifty of NSE opened with a gain of 71.40 points at the level of 16129.70 points.Rupee opens 5 paise stronger against dollarRupee opened strongly against the dollar in the foreign exchange market today. Today the rupee opened with a strength of 5 paise at Rs 79.55 against the dollar. At the same time, on Tuesday, the rupee closed at Rs 79.60 with a weakness of 16 paise against the dollar.

सम्पूर्ण भारत का जुलाई 13, 2022 का मौसम पूर्वानुमानदेश भर में बने मौसमी सिस्टमकम दबाव का क्षेत्र दक्षिण ओडिशा तट और दक्षिण आंध्र प्रदेश तट पर बना हुआ है।मॉनसून ट्रफ अब बीकानेर, कोटा, सागर, रायपुर, दक्षिण ओडिशा और उत्तरी आंध्र प्रदेश के तटीय क्षेत्रों के ऊपर कम दबाव के क्षेत्र के केंद्र और फिर दक्षिण पूर्व की ओर बंगाल की पूर्वी मध्य खाड़ी से गुजर रही है।अपतटीय ट्रफ रेखा गुजरात तट से उत्तरी केरल तट तक फैली हुई है।पूर्व पश्चिम कतरनी क्षेत्र लगभग 20 डिग्री उत्तर अक्षांश के साथ चल रहा है।पिछले 24 घंटों के दौरान देश भर में हुई मौसमी हलचलपिछले 24 घंटों के दौरान, दक्षिण मध्य प्रदेश, विदर्भ के कुछ हिस्सों, तेलंगाना, गुजरात और उत्तरी मध्य महाराष्ट्र में मध्यम से भारी बारिश हुई।कोंकण और गोवा, तटीय कर्नाटक, केरल, अंडमान और निकोबार द्वीप समूह, दक्षिण छत्तीसगढ़ और हिमाचल प्रदेश और राजस्थान में एक या दो स्थानों पर हल्की से मध्यम बारिश हुई।गंगीय पश्चिम बंगाल, झारखंड के कुछ हिस्सों, असम, लक्षद्वीप, मराठवाड़ा, तटीय आंध्र प्रदेश, छत्तीसगढ़, मध्य प्रदेश के शेष हिस्सों, पूर्वी राजस्थान, हरियाणा, पंजाब, उत्तराखंड और जम्मू कश्मीर के कुछ स्थानों पर हल्की से मध्यम बारिश हुई।उप-हिमालयी पश्चिम बंगाल, सिक्किम, आंतरिक कर्नाटक, तमिलनाडु और दिल्ली और पूर्वी उत्तर प्रदेश में एक या दो स्थानों पर हल्की बारिश हुई।अगले 24 घंटों के दौरान मौसम की संभावित गतिविधिअगले 24 घंटों के दौरान, दक्षिण मध्य प्रदेश, विदर्भ के कुछ हिस्सों, उत्तरी मध्य महाराष्ट्र, कोंकण और गोवा और दक्षिण गुजरात में मध्यम से भारी बारिश संभव है।गुजरात के शेष हिस्सों, तटीय कर्नाटक, केरल, अंडमान और निकोबार द्वीप समूह, ओडिशा, तेलंगाना के कुछ हिस्सों, छत्तीसगढ़ के कुछ हिस्सों और दक्षिणपूर्व राजस्थान, उत्तराखंड और हिमाचल प्रदेश में एक या दो स्थानों पर हल्की से मध्यम बारिश संभव है।सिक्किम, जम्मू कश्मीर, पूर्वोत्तर भारत, उप-हिमालयी पश्चिम बंगाल, ओडिशा, उत्तरी छत्तीसगढ़, दक्षिण झारखंड, आंतरिक कर्नाटक, तेलंगाना के शेष हिस्सों और तटीय आंध्र प्रदेश में हल्की से मध्यम बारिश संभव है।उत्तर प्रदेश, उत्तरी पंजाब, उत्तरी हरियाणा, तमिलनाडु, लक्षद्वीप और रायलसीमा की तलहटी में हल्की बारिश संभव है।

GUJRAT Kharif-2022 Season Sowing Report As On 11 July 2022

Punjab government engaged in saving cotton crop from pest infestation, formed 37 teams for inspectionPunjab Agriculture Minister constituted 37 teams to inspect the cotton crop in Malwa region. The Agriculture Minister directed the officials to deal with the possible outbreak of the pest on the cotton crop in the sensitive Malwa belt. On Monday, Agriculture Minister Kuldeep Singh Dhaliwal constituted 37 departmental teams to inspect and report on the status of cotton crop in six districts of Malwa amid the menace of pink locust pest.He directed the officials to deal with possible outbreak of pest on cotton crop in the sensitive Malwa belt from tomorrow. The minister announced in a meeting held at the Mandi Board headquarters in Mohali that he would also visit the affected parts. Dhaliwal, who took charge of the department last week, said marketing would be strengthened to make crop diversification a success and take farmers out of the wheat-paddy cycle.He said that emphasis would be laid on marketing of these crops to promote maize and other allied crops. He also asked the officials to check the sale of spurious pesticides, fertilizers and seeds and take strict action against those selling such products. Dhaliwal said that direct sowing of paddy is being encouraged by the Punjab Government and also said that the State Government agencies like Mandi Board, Punjab Agro, Punseed, Godown will be strengthened.

Next 5 years will prove to be a golden year for the giners of GujaratA special conversation with Arif Bhai Shah, the general of Mahua station in Bhavnagar districtThere are ups and downs in the cotton industry, but for the last 3 years, the graph of the ginning industry is moving in the direction of growth. Especially in Gujarat. In Gujarat, many spinning mills units are continuously setting up their plants, due to which the cotton consumption is increasing continuously here. Due to high demand, giners are not reading the need to find buyers. At present 75 lakh cotton bales are being consumed in the state of Gujarat. It is likely to increase further in the coming times. In such a situation, the next 5 years can prove to be golden years for the ginners of Gujarat.Only 10 percent acreage increasedRegarding Bhavnagar district, he told that about 6 lakh cotton bales are produced here, out of which 2 to 2.50 lakh bales are in Mahua district. This year, like the whole country, there has been an increase in sleeping here too. But due to late arrival of rain, only 10 percent of the area has increased more. He said that the price of cotton had increased earlier this year in 2011 as well, but then the price was controlled after March, but this time the prices of cotton have remained in the sky for the whole year.Step into ginning industry since 2005Arif Bhai's father Dawood Bhai Shah used to do cotton tiding work. Arif says that in 2005, when I did anti in business, I saw a lot of profit in the ginning industry. This is the reason why we entered the ginning industry since 2005. Earlier our goods used to go mostly to the south but due to the increase in spinning mills, now good buyers are easily available locally only. Right now we have 1 ginning factory which is managed by my father, me and my brother Siraj Shah together.VisionIt is a dream to start a spinning mill, but the labor cost at our station is very high.want this improvementBorrowing trend in the industry should end and most deals should be closed on cash.

Rupee weakens by 16 paise against dollarToday evening, the rupee closed at Rs 79.60 with a weakness of 16 paise against the dollar.Sensex closed down by breaking 509 pointsToday the stock market closed with a fall.Today, where the Sensex fell by about 508.62 points, closed at the level of 53886.61 points.On the other hand, Nifty closed at a level of 16058.30 points down by 157.70 points.