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Cotton business remains dull in Pakistan with further drop in prices

Related Keywords: cotton business, drop in prices, dull in Pakistan, Ginners, lint price, new crop cotton stock, Pakistan textile industry, raw cotton, value of seed cotton

Cotton business remains dull in Pakistan with further drop in prices and not much stocks of new crop cotton (2015-16) remain unsold with ginners. This week cotton market witnessed a decrease in the value of seed cotton prices by about Rs 100 per 40 kgs, while lint prices dropped by Rs 100 to Rs 150 per maund (37.32 kgs).

Sino-Zim Cotton expects flat production with no changes in targeted capacity

Related Keywords: boost production capacity, cotton business, high quality cotton fibre, production plant, Sino-Zim cotton holding, value added products

Sino-Zim Cotton Holdings a prime leading producer of high quality 100% Cotton fibre and value added products in Zimbabwe and Africa has brought in new equipments for its production plant and its efforts to boost the production capacity of its cotton business in the coming year sees no change.

The company projected an increase in cotton seed and lint output at its $17 million plant commissioned by President Mugabe last year but with the challenges currently prevailing in the cotton industry the projections are expected to remain unchanged at 35 000 tonnes.

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