Cotton Prices Fell Due To Low Commercial Activities. large-scale cotton textile imports from India reports affected markets last week, resulting in local cotton cotton prices fell. This past week, a significant rise in cotton prices had hoped that the ginners will go before the series but could not do so, last week, cotton prices declined by Rs 100 to Rs 5200, however, they remain limited to the Karachi Cotton Spot rate of cotton in association with an increase of Rs 50 rupees per 4900 reached.
The cold move the Punjab cotton belt of fog because pallet demand grew, but other areas decreased and the market were mixed, pallet prices from 1600 to 2750 rupees per 40 kg live, textile Mills and private exporters in the local market carefully when purchasing Christmas and New Year holidays on the global purchasing activities of the cotton wool continue to suffer slow and prices came down.
Forum Ehsan ul Haq, Chairman cotton ginners ”per week like cotton prices in Pakistan reached 5 thousand 300 last week it expected the prices to reach the level of 5 thousand 500 per min but the Indian rupee fell 2 cents per pound of cotton offers affordable but local large cotton textile groups imports reports from India to Pakistan Cotton affected markets and prices may not predictability.
and therefore the Aquaculture organizations Cotton ginners the government of Pakistan has demanded immediate duty on imports of cotton from India to Pakistan should be implemented to prevent economic exploitation of farmers and cotton ginners.
The previous week, the New York Cotton Exchange attend Delivery cried deals 1.4 cents to 68.55 cents per pound, March delivery of cotton deals 2.05 cents declined 59.58 cents per pound, India 525 rupees loss to 32 thousand 612 rupees per candy China With the rise in cotton prices 340 UN was 13 thousand 185 tons per UN.