Rising prices in the domestic arena is definitely a matter of delight for cotton growers; however, on the other hand, manufacturers are going through a real tough period.
With each passing week, cotton prices are moving up and up, leading the manufacturers are shelling out more money for purchasing this most required raw material.
Since February, the market is burdened with heavy fluctuations, baffling the users. Such variations are creating confusion in the market and taking its toll on the manufacturers. The unstable trend in the international markets seems to be affecting the domestic scenario.
Today, according to Karachi Cotton Association (KCA), prices for this particular raw material stayed at 3,700 per mound.
For further statistics click here.
Karachi Cotton Association
marketing@alchempro.com
