Wednesday, April 7, 2010
Cotton stock shrinks to 213k bales
8:35 PM | 
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RAHIM YAR KHAN: The cotton price jumped Rs100 to arrive at Rs5700 per maund in Rahim Yar Khan, Geo News reported Wednesday.A former member of Pakistan Cotton Ginners Association (PCGA) Ehsanul Haq told Geo News that cotton stock in the country has shrunk to 213,000 bales.
Ehsan said the cotton price gained three cents up 82.75 cents within a week in New York cotton Exchange, causing an upward trend in the price of the commodity in the local market.
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