Pakistan Local Cotton Prices and Market Commentary 2nd March 2018

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Though not quite unexpected, tightness has gripped the domestic cotton market since the beginning of this week. Specially, the cost of good quality cotton has risen sharply. It is now estimated that about six hundred thousand bales of cotton from the current crop (August 2017/July 2018) is lying unsold with the ginners from which hardly 160,000 bales (155 Kgs) are of better quality.

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