Spot rate of cotton increased to Rs 7,234 per 40 kg, along with Ex-Karachi rates that went up by Rs 135 and Rs 145 to Rs 6,885 per maund and Rs 7,379 per 40 kg, respectively, as upcountry expenses.
The next cotton crop size is uncertain as of now, owing to shortage of irrigation water in lower Sindh. Sowing of cotton has begun in Sindh and is expected to start in Punjab from April 15 for avoiding possible pest attacks. Punjab government is carrying out training sessions for cotton farmers in the area to improve sowing and picking practices. (KD)
ALCHEMPro News Desk – India
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