Karachi Cotton Exchange Shut Brokers Face Devastating Losses

Emergency Closure Disrupts Karachi Cotton Exchange Operations The Karachi Cotton Exchange building remains sealed for the fifth consecutive day, severely impacting cotton brokers and the wider market. Consequently, the Karachi Cotton Association (KCA) has been unable to issue crucial cotton spot rates, essential for trade. The Evacuee Property Trust Board (EPTB), supported by the Federal … Read more

KCA Building Plea Withdrawn: Resolve Urgent Takeover

Karachi Cotton Association Withdraws Building Plea The Karachi Cotton Association has formally withdrawn a petition in the Sindh High Court challenging the evacuation of its building on I.I. Chundrigar Road. This decision follows a period of significant uncertainty that affected the national cotton and textile sector. On December 12, the association issued a press release … Read more