Pakistan: Cotton market remains stable amid low trading volume

Aug 18, 2021  |  by Zhao Xinhua


The local cotton market remained stable amid a lower trading volume. Trading activities hopefully will be fully resumed from Monday. The cotton rate remained between Rs12,500 to Rs12,800 per maund. In Punjab, rates were between Rs13,200 to Rs13,500 per maund.

The country’s textile and clothing exports grew by 22.94 percent in the current financial year compared to the same period in the previous year, shows data released by the Pakistan Bureau of Statistics. Pakistan’s total textile and clothing exports during 2020-21 grew to USD 15.4bn against USD 12.526bn of the previous year.
 
Source: dailytimes.com.pk

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