Karachi: Following a global increase in cotton prices, the price of cotton in Pakistan has increased by Rs 700 per quintal.
According to the facts, global cotton prices are at an all-time high. Cotton prices in the United States have climbed by 6 cents per pound in only two days.
Cotton achieved an 11-year high of 98 cents per pound in the United States.
Cotton prices are rising in Pakistan, China, and India as well. In only two days, the price of cotton in the country has risen by Rs 700 per man to Rs 13,800.
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