Related Keywords: demand for raw cotton, destroyed standing cotton crop, due to loss in recent flood, import various qualities of cotton, KCA, Pakistani lint remains cheaper, Pakistani textile and spinning sector, Punjab and Sindh region, to meet shortfall
The Pakistani textile and spinning sector will have to import more than 1.1 million bales of various qualities of cotton in the next eight months of FY2015-16 in order to meet the shortfall and its demand for raw cotton that has gone up to around 15 million bales (of 175 kg each). This is due to the loss of one million bales of cotton in the recent floods, which destroyed standing cotton crop in Punjab and Sindh according to Karachi Cotton Association (KCA).
