KARACHI: Heavy monsoon rains devastated crops in Sindh and Punjab regions, resulting two-week high raise in cotton prices, reported in bloomberg.com on Thursday.
Pakistan the fourth- largest cotton grower, witnessed storms in the Sindh and Punjab regions during the past week that have damaged as much as 1.5 million bales on fields farmers have yet to harvest, said Mian Rashid Mehmood, the vice chairman of the Pakistan Cotton Ginners Association.
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