Daily Cotton Market Report 24 MARCH, 2017
Market Current
Prices
Prices on same Date last year
I. Cot look Index (Cents/lb)
(23.03.2017) ‘A’ Index

86.85

66.30
II. New York Cotton Market Contract No. 2 (cents/lb)
(23.03.2017)
‘'May" 2017 Contract
'‘July" 2017 Contract


77.27
78.48


58.39
58.10
III. China Cotton Index (23.03.2017)

Yuan/M. Ton
(Cents/lb.)

15896
109.86


11,709
80.92
1V. Indian Cotton Index(23.03.2017)
Shankar-6
Rs. Per Candy
(Equivalent Cents/lb.)


43,850
85.50


VI. Karachi Cotton Association
Ex-gin Price(22.03.2017)

Rs. per 40 kgs.
Rs. per maund
(Equivalent Cents/lb.)



7,288
6,800
78.93



5,626
5,250
61.05



New York Cotton Market Closing Delivery Contract no. 2.
as. On 23 March 2017
Contract
Open
High
Low
Previous
Close
Change
May-17
77.61
77.97
77.23
--
77.27
-0.07
July-17
78.59
79.10
78.43
--
78.48
-0.02
Oct-17
--
--
--
--
76.09
+0.49
Dec.-17
75.00
75.60
74.00
--
75.49
+0.33
March-18
75.19
75.19
74.94
--
75.21
+0.38



Sowing Position of Cotton Crop as .on 08.8.2016
(Million Hectares)
Province Target
2016-17
Area Sown % age Over
2016-17 2015-16 Target Last Year
Punjab 2.310 1.776 2.243 76.88 -20.82
Sindh 0.660 0.636 0.621 96.36 +2.41
Pakistan 2.97 2.412 2.864 81.21 -15.78



1st COTTON CROP ASSESSMENT COMMITTEE MEETING
2016-17
Province Expected Production (million bales)

First Cotton Crop Assessment
06-09-2016

Second Cotton Crop Assessment
06-10-2016

Third Cotton Crop Assessment
05-12-2016

Punjab 7.500 7.300 6.903
Sindh 3.733 3.700 3.600
Khyber Pakhtunkhwa 0.001 0.001 0.001
Baluchistan 0.038 0.038 0.038
Pakistan 11.272 11.039 10.542



Targets of Cotton Crop Area and Production
for the year 2016-17
Province Area
(Million hectares)
Production
(Million bales)
Punjab 2.310 9.500
Sindh 0.660 4.500
Khyber Pakhtunkhwa 0.001 0.003
Baluchistan 0.038 0.098
Total of Pakistan 3.009 14.101



SEED COTTON PRICES
CROP 2016-17
Market Seed Cotton Raw Cotton
(lint)
Cotton Seed Cotton Seed Cake Spot
(Rs. Per 40 Kgs)
22.03.2017 22.03.2017 22.03.2017 22.03.2017
Rahim Yar Khan 3750 7609 1875 1661
Vehari -- 7180 1768 1643
Burewala -- 7180 1768 1689