Updated on
Summary The total number of bales purchased stands at 72.71 lacs
LAHORE (Dunya News) – Cotton production has seen 15-year low after a 34 percent plunge owing to humidity, rains and intense temperature.
Cotton Ginners Forum Chairman Ahsanul Haq said that at least 92 lac bales have been produced across the country in the ongoing season. Textile industries have purchased at least 41 lac bales due to the lower production.
The total number of bales purchased stands at 72.71 lacs.
According to the Ginners Chairman, rains among other factors have severely affected the crop. Export sales have also fallen to 3.55 lacs from the previous 36,000 bales.
Featured
