Pakistan Local Cotton Prices and Market Commentary 3rd April 2018

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President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has said that tough competition from China, increased cost of doing business, high energy tariff, excessive smuggled cloth in the market and decline in orders from Afghanistan have rendered 50 thousands of 300,000 power looms units in Punjab closed and around 30,000 labourers unemployed.

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