KARACHI: Pakistan cotton prices decreased along with very thin volumes traded at market on Monday. It is note worthy that demand on local and foreign end is continuously on declining trend which led to decline in cotton prices.
The Karachi Cotton Association (KCA) official rates decreased by Rs 100 per maund and closed at the level of Rs 5,400 per maund. The rates of seed cotton in Sindh were Rs 1,800 and Rs 2,300, while in Punjab, cotton rates were Rs 2,200 and Rs 2,650 dealers said.
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