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Reduction in cotton prices

Related Keywords: commodity prices, cotton, cotton crop, cotton markets, cotton prices, ginneries, phutti, yield

The world leading cotton markets gave mixed trend with New York cotton closing steady and Chinese cotton moved lower. The following deals were reported to have changed hands on ready counter: 4,000 bales, station Tando Adam, at Rs 8,900 to Rs 9,200;1,000 bales, Hyderabad, at Rs 9,000 to 9100; 1,600 bales, Sanghar, at Rs 8,900 to Rs 9,100; 2,000 bales, Shahdadpur, at Rs8,950 to Rs9,200; 1,000 bales, Kotri, at Rs8,900 to Rs9,100; 200 bales, Haroonabad, at Rs 8,900; 200 bales, Burewala, at Rs 8,900; 200 bales, Jhang, at Rs 8,950; and 200 bales, Chichawatni, at Rs 8,950.

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