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Cotton prices fall in Pakistan due to lack of buying interest

Related Keywords: cotton arrivals, cotton buyers in Pakistan, cotton imports in Pakistan, cotton prices in Pakistan, cotton spinners, cotton trade, textile exports

On Tuesday, cotton prices in Pakistan slid amid lackluster trade due to lack of buying interest from spinners and higher imports of cotton, whereas, cotton prices in the world markets moved higher.

The spot rate settled at PakRs5,500/maund (37.324 kilogram each), down PakRs50/maund from the previous level. Around 1400 bales of cotton were changed hand in the ready markets of Sindh and Punjab.

Pakistani ginners demand ban on cotton and yarn import from India

Related Keywords: area under cotton in pakistan, cotton crop in Pakistan, Cotton import from India, cotton imports in Pakistan, yarn import from india, yarn imports in Pakistan

The Pakistan Cotton Ginners Association (PCGA) has demanded complete ban on the import of cotton lint and yarn from India through Wahga border. The move comes at a time when the prime ministers of both the countries are in discussion to improve trade relation between the two nations.

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