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Date exports down to alarming level

Textile mills less interested in cotton buying amid lockdown fear

Textile mills less interested in cotton buying amid lockdown fear Business April 25, 2021 KARACHI: Lack of interest among buyers remained persistent in the local cotton market during the outgoing week, but some lots of quality lint were sold, which caused the spot rate to rise by Rs500 per maund. Traders said ginners were left with hardly 65,000 bales, which they were selling slowly and gradually in the market, as textile mills were less interested in buying due to cotton yarn prices. Cotton prices in Sindh remained at Rs10,200 per maund to Rs10,600 per maund. Rates in Punjab varied between Rs10,800 per maund to Rs11,500 per maund.

Sindh farmers forced to sell wheat harvests to middlemen at lower rates as govt delays procurement

Sindh farmers forced to sell wheat harvests to middlemen at lower rates as govt delays procurement By File photo of wheat growers in the field. The majority of wheat growers in Sindh have been forced to sell their harvests to middlemen at lower rates. This happened due to a delay in procurement from the Sindh government. On the other hand, the Sindh agriculture minister says 12 procurement centres were established in Badin district. KARACHI: The provincial government couldn’t begin the procurement drive on time, forcing majority of the wheat growers in Sindh to sell their harvests to middlemen at lower rates,

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