Cotton Price in International Market

Costs dropped humility on the cotton market on Monday as foreign made cotton began coming to from India and mostly in view of arrival of the Pakistan Cotton Ginners Association (PCGA) fortnightly report in a matter of seconds, merchants said. The official spot rate was around Rs 50 to Rs 5450, merchants said. In Sindh, seed cotton cost of low sort was unaltered at Rs 2500 while the best quality was lower by Rs 300 to Rs 2800 and in Punjab rates of second rate quality was inactive at Rs 2600 while the great sort was lower by Rs 240 to Rs 3000, they said.

cotton price

The country is likely to face massive shortfall in cotton production target of 24.49 million bales set for the current season (2415-16) after rains, floods and Cotton Leaf Curl Virus (CLCV) attacks badly damaged the crop

Read more;Today Gold rate in Pakistan 24 November 2015

Write your comments here!