Pakistan Local Cotton Market: (The local cotton market faced a decline in activity due to reduced arrivals and quality issues, prompting a shift toward competitively priced imported cotton. Pakistan has become the leading importer of American cotton, with imports expected to reach 6 million bales to support its textile sector. Meanwhile, falling oil prices and...
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Market Report- Pakistan 7 Oct 2024
Pakistan Local Cotton Market: (The local cotton market is more active and prices showed softness, due to better local supply and higher global prices. Pakistan’s cotton consumption is higher than production, so imports are increasing. However, global trade faces challenges from a stronger US dollar and geopolitical issues, creating both opportunities and difficulties for the...
Market Report- Pakistan 2 Sep 2024
Pakistan Local Cotton Market: (The local cotton market is under pressure due to crop damage from heavy rains, leading to a surge in prices and increased reliance on imports. With a firm outlook for local cotton prices amid shortages, the global cotton market also faces challenges from declining demand and worsening crop conditions, despite some...