Wednesday, April 14, 2010

Snap shot on Cotton position in Pakistan

Hi! It is about mid of April, In Pakistan right now we as Textile manufacturer eying on the available cotton stocks which we have to use till mid of July before the arrival of new cotton crop.
Today we have a shortfall of cotton despite a good crop last year. It is because an increasing demand in local industry and this year due to Chineese cotton yarn demand. The prices of the cotton and cotton yarn increase to the History highest mark. Customers of finished products are looking to thier suppliers, who are increasing prices on daily basis and with no certainity that today price will prevail till tomarow. In Pakistan specially Home Textile exporters are praying for a good crop next year.

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