Further increase in cotton prices in the country
Cotton prices have risen further in the country. Chairman Cotton Ginners Forum Ehsan-ul-Haq said that rains in Sindh and whitefly attack in Punjab have affected cotton production.
The per capita price of cotton in the country has gone up by Rs 300 to Rs 9,500 last week. Large export orders of textile products and shortage of quality cotton have accelerated.
The total production of cotton till September 30 was 35% less than last year. The total domestic production of cotton till September 30 was 1.98 million bales.