Related Keywords: cheaper rate, cotton economy, cotton yarn exporters, energy and gas outages, finer count yarn, free market mechanism, from India, landed cost, Pakistan local spinning industry, rising import, TCP
Pakistan local spinning industry concern over the rising import of finer counts yarn (above 30 counts) at cheaper rates from India at the time when they are already facing energy and gas outages leading to high cost of doing business.
According to Cotton analyst Naseem Usman, TCP’s intervention help cotton growers get better price but it is encouraging spinning industry to go for imported cheap cotton from across the border.
