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Cotton trade drops amid higher price demand by ginners Business April 18, 2021 KARACHI: As expected, ginners are demanding higher prices from buyers due to shortage cotton bales in the market with their stocks down to 70,000 bales, traders said on Saturday. With cotton production having declined around 40 percent, ginners are demanding higher prices, as very little stock of around 70,000 bales is left with them, traders said. Spinners were less interested in the purchase of lint from the local market during the outgoing week. They are not ready to purchase lint at higher rates, although prices remained stable in the local market amid low volumes.

New yorkUnited statesUnited states department of agricultureNaseem usmanPakistan textile mills associationCommittee on agricultureKarachi cotton associationEconomic coordination committeeKarachi cotton brokers associationFederal committeeCotton brokers association chairman naseem usmanYork cotton marketUnited states departmentCentral asiaபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்