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Related Keywords: Bio pesticide, competitive prices, cotton, Cotton growers, generic, import, non pesticide chemical

The Cabinet Committee on Legislative Cases (CCLS) on Friday approved import of bio-pesticide ‘Gossy­plure’ to help eradicate the population of pink bollworm that attacks cotton crop.

Punjab government and cotton growers had been urging for the bio-pesticide’s import which was barred due to some legal issues.

The CCLS approved the import of Gossyplure as a generic chemical under Form-16 of the Pakistan Agriculture Pesticide Act, 1971. Consequently, the Ministry of National Food Security and Research (MNFSR) removed its impediment in import.

Related Keywords: among the six nations, Bangladesh most attractive destination, competence in supply of quality products, competitive prices, European retailers, Kurt Salmon, leading global strategy consulting company, Myanmar making comeback, six garment producing nations, study conducted based on the production cost indices, textile and apparel industry

Bangladesh is the most attractive destination of European retailers among the six nations due to its competence in the supply of quality products at competitive prices, according to the study conducted based on the production cost indices (PCIs) of six garment-producing nations – Bangladesh, China, India, Morocco, Myanmar and Turkey by Kurt Salmon, a leading global strategy consulting company focused on the retail industry.

India is third, followed by Morocco, Myanmar and Turkey.

Related Keywords: amid dwindling cotton stocks, competitive prices, cotton market on Monday. Ginners holding not more than five lakh bales, cotton yarn, higher prices, KCA, next cotton season is more than four months away, quality cotton, Slow trading witnessed, small and medium units, spinner accumulated seasonal cotton needs, spot rate remain unchanged

Slow trading witnessed amid dwindling cotton stocks and higher prices at the cotton market on Monday. Currently, Ginners are holding not more than 500,000 bales. Moreover, the next cotton season is more than four months away.

Many leading spinners have already accumulated their seasonal need of cotton while small and medium sized units are looking for quality cotton at competitive prices.

At the Karachi Cotton Association, its spot rates remained unchanged.

Related Keywords: APTMA, arrest decline in the size of domestic cotton, competitive prices, failure of cotton crop, import of cotton, make raw material available to industry, Pakistani textile manufacturers, Textile Industry, withdraw three percent import duty on cotton

Pakistani textile manufacturers urged the government to withdraw three percent import duty on cotton to arrest the decline in the size of domestic cotton. All Pakistan Textile Mills Association (Aptma), ChairmanTariq Saud, Chairman said that the removal of duty was essential so as to make raw material available to the industry at competitive prices.