Karachi Cotton Association (KCA) statistics show that the prices continued an upward trend. Rates fluctuated around Rs2850 per maund a week ago, and reached Rs2875 early last week.
Cotton prices did not stabilize and by end of last week they climbed to Rs2900 per maund. On July 23 also the trading rates remained the same.
However, prices have yet not found their stand and are most likely to waver for a while.
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Karachi Cotton Association (KCA)
marketing@alchempro.com
