Related Keywords: cotton stock, mill, Pakistan cotton market, raw cotton, ready cotton
With most of raw cotton and textile business moving at a slow pace, activity in the cotton economy is said to be close to a standstill. At ready cotton market conditions continued to remain dull, though a few sales of ready cotton took place, but several mills were also unloading their cotton stocks.
Textile mills aver that their cost of production has shot up due to increases in cost of power, gas and labour wages. Not many credible reports were being received regarding any cotton import activity by the mills.
