The August **–**, **** trading week saw a sharp divergence across three of Asia’s largest domestic cotton markets. Pakistan’s KCA spot rose *.** per cent on Tuesday following flood damage in Punjab and Sindh. India’s Shankar-* remained unchanged at &#****;*** (~$*.**) per kg, supported by comfortable surplus supplies. China’s ****B dipped mid-week but rebounded on Friday and extended its gains into August **, rising *.** per cent.
Key price movement
BCI Cotton KCA Spot (** mm, Domestic Pakistan) jumped from PKR ***.**** (~$*.**) per kg on Monday to PKR ***.*** (~$*.**) on Tuesday a gain of *.** per cent and then remained unchanged through Friday. Shankar-* (** mm, Domestic India) traded flat at &#****;*** (~$*.**) per kg throughout the week. BCI Cotton ****B (** mm, Domestic China) opened at CNY **,***.** (~$*,***) per tonne and drifted to a weekly low of CNY **,***.** (~$*,***) on Thursday. It then rebounded *.** per cent on Friday to close at CNY **,***.** (~$*,***). The recovery extended on Monday, August **, with the price rising to CNY **,***.** (~$*,***), up *.** per cent.
