Saturday, 30 April 2011
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Pakistan: Cotton plunges to Rs9,500 per maund
KARACHI: Cotton price dipped by Rs 1,000 to Rs 9,500 per maund this week, mainly due to lack of interest from cotton mills and exporters, brokers said Saturday. Member of Cotton Brokers and Advisory Committee Amir Naseem said that the market has witnessed a declining trade in cotton since past few weeks as spinners were not taking interest in local cotton because of sufficient stock of cotton
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