Related Keywords: cotton bales, Cotton prices moved higher, fetch better prices, ginners hold back stock, imported in violation, Indian cotton, Karachi port, KCA, Ministry of National Food Security and Research Department of Plant Protection, Pakistan rejecting consignment, Plant Quarantine rules, spotrate unmoved
Cotton prices moved higher on Wednesday on reports of Pakistan rejecting a consignment of around 10,000 bales of Indian cotton worth $3.3 million at the Karachi port by the Ministry of National Food Security and Research Department of Plant Protection as it was imported in violation of the country's Plant Quarantine rules. The consignment has to be returned by importers at their cost.
