Related Keywords: around 37 kilograms, badly affecting the local industry, cotton prices eased further, from pure cotton fabrics, Karachi Cotton Association, less consumption of cotton yarn, on a maund, reduced spot rate by Rs fifty, shifted to polyester and cotton blend fabrics, Slow demand from spinners, spinning mills
With slow demand from spinners on Thursday cotton prices eased further. The Karachi Cotton Association also reduced its spot rate by Rs50 on a maund (around 37 kilograms).
According to yarn broker, as many as 80 spinning mills have been shifted to polyester and cotton blend fabrics from pure cotton fabrics which resulted into less consumption of cotton yarn.
