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Pakistan holding half a million of unsold cotton stock from current season

Related Keywords: Pakistan cotton market, Pakistan ginnery

Pakistan ginners are encumbered with nearly half a million unsold bales from the current season. They were anticipating better prices to meet the demand of European Market after have got the status of GSP-Plus but prices have fallen down beyond their expectations. The Pakistan Cotton Ginners Association (PCGA) hold responsible the policy makers for allowing import cotton and yarn from India.

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