Panic buyer causes cotton prices to rise in Pakistan
According to the traders, the cotton prices have been lifted to an 11-year high of Rs14,500/40kg due to dwindling supplies and delayed imports.
Karachi
According to the traders in Pakistan, the
cotton prices have been lifted to an 11-year high of Rs14,500/40kg due to
dwindling supplies and delayed imports.
Due to the stockpiling spree by textile and
spinning mills, the prices of cotton have been pushed up to Rs14,300/40kg. This
is the highest in over a decade. In the same manner, the prices of seed cotton
have also reached their highest ever level of Rs7,200/40kg. The highest prices
of cotton have been recorded in some areas of Balochistan including Khuzdar. It
can be said that this jump in the prices of cotton is due to the sharp rupee
depreciation, expected shortfall in production, and delay in the arrival of
cotton imports.
This price hike has caused the profits
margins for the spinning mills to decrease. As per the sources, the government
will have to intervene before it is too late. On the other hand, growers are
happy with this price hike. The analysts have predicted that if the prices will
keep on increasing, the production of cotton will also increase in the next
year.
According to the sources, there has been a
delay in the exports of textiles because of the increase in the shipment prices
and other reasons. This has also affected the financial position of some mills.
Exporters couldn’t match up to the dollar rates and cotton rates to set prices.
Source – The News
Also Read:
allergy pills non drowsy best allergy medication for itching tablet for allergy on skin
prednisone sale prednisone 10mg sale
cure stomach pain when standing avapro pills
order amoxil generic generic amoxil 250mg buy amoxil 250mg without prescription
order amoxicillin 500mg generic buy amoxil 1000mg online cheap order amoxicillin 1000mg online
monodox online buy doxycycline 100mg online
purchase ventolin inhalator generic albuterol inhaler albuterol pill
order deltasone 10mg sale deltasone 40mg pills deltasone brand
augmentin 625mg brand clavulanate brand oral augmentin
order generic azithromycin 500mg buy azithromycin 250mg without prescription cheap zithromax 500mg
buy prednisolone 5mg online prednisolone order order omnacortil 5mg pill
order generic clomid 100mg clomiphene pills serophene sale
neurontin 600mg without prescription cheap neurontin sale cheap generic gabapentin
viagra 100mg pill cheap generic viagra sildenafil without prescription
rybelsus 14mg oral buy rybelsus without a prescription buy rybelsus 14 mg pill
slot casino casino online games for real money play poker online real money
pregabalin 150mg drug order lyrica 150mg online lyrica without prescription
hydroxychloroquine oral hydroxychloroquine 400mg ca buy generic hydroxychloroquine online
aristocort buy online buy cheap triamcinolone buy triamcinolone 10mg generic
buy aralen pill aralen for sale order chloroquine for sale
cost acyclovir 800mg purchase allopurinol generic buy zyloprim generic
rosuvastatin tablet where to buy rosuvastatin without a prescription where can i buy ezetimibe
purchase toradol online cheap toradol 10mg for sale order generic colcrys
order atenolol 50mg online cheap atenolol 50mg for sale order generic tenormin
medrol 4mg without prescription can i buy medrol online depo-medrol where to buy
how to buy inderal buy inderal 10mg for sale oral clopidogrel 150mg
how to write an essay about my life buy cheap essays online assignments for sale
methotrexate online order methotrexate 5mg for sale warfarin canada
purchase flomax pill buy generic flomax over the counter order celecoxib 200mg online cheap
order nexium pills oral topiramate 200mg buy topamax cheap
ondansetron 4mg without prescription oral zofran 8mg purchase aldactone pill
buy sumatriptan 50mg sale order generic levofloxacin 250mg buy levaquin 500mg online
order dutasteride without prescription avodart where to buy ranitidine 150mg price
proscar drug buy propecia medication fluconazole 100mg usa
ciplox us – purchase ciprofloxacin for sale erythromycin 500mg drug
metronidazole ca – order azithromycin 250mg for sale azithromycin 500mg generic
buy furosemide 100mg generic – capoten price captopril order online
glycomet 500mg tablet – lamivudine over the counter buy generic lincocin over the counter
order retrovir 300 mg for sale – allopurinol cheap
order quetiapine 50mg online cheap – buy luvox 100mg for sale buy eskalith online cheap
amoxil uk – amoxicillin 500mg canada cipro oral
… [Trackback]
[…] Information to that Topic: indiantextilejournal.com/panic-buyer-causes-cotton-prices-to-rise-in-pakistan-2/ […]
buy azithromycin tablets – buy flagyl 200mg without prescription order ciplox 500 mg pills
depo-medrol ca – buy zyrtec 5mg online buy azelastine 10 ml sprayer
buy clarinex 5mg for sale – brand desloratadine 5mg albuterol over the counter