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Daily Times July 20, 2021 CottonLocal market in the last week witnessed a significant drop in cotton prices due to ongoing monsoon weather and rains. Ginners stopped buying rain affected cotton and as a result the factories stopped their operations. Ginners who had phutti in stock started demanding high rates. Trading volume also decreased due to uncertainty among ginners and traders of phutti, and significant decrease in the rate of cotton. Transportation costs also increased due to unavailability of vehicles as most of the trucks are busy in carrying sacrificial animals. Market sources said the cotton trade may be resumed after Eid holidays.

Andhra pradeshShaukat tareenPakistan cotton centre research instituteCabinet economic committeeCotton cooperationEconomic coordination committeeFinance minister shaukat tareenPakistan cotton centre researchஆந்திரா பிரதேஷ்ஷௌுகத் தரீன்பொருளாதார ஒருங்கிணைப்பு குழுநிதி அமைச்சர் ஷௌுகத் தரீன்