WhatsApp Logo Subscribe
For News Alert

News

Cotton price rises by Rs1,000/40kg

November 3, 2022 01:29 PM


Twitter Share Facebook Share WhatsApp Share

The price of cotton has been increased by Rs1,000 per 40 kilograms taking the rate to Rs18,000 per 40 kilograms, reported 24NewsHD TV channel on Thursday. 

Chairman of Cotton Industries Forum Ehsanul Haque said, “For the first time in the country's history, more than 70 percent of textile mills have become completely or partially inactive due to severe economic crisis.”

“The world is experiencing an upward trend due to the record-breaking rise in cotton and cotton seed prices in the United States,” he added.

Chairman of Cotton Industries Forum implied that zero percent status of taxes should be restored for export industries for the improvement of exports. 



Most Read

  1. Hania Aamir and Zaviyar Nauman's Nikkah glam gives ‘heart attack’ to many Hania Aamir and Zaviyar Nauman's Nikkah glam gives ‘heart attack’ to many
  2. Actress Khushboo shot dead in Nowshera Actress Khushboo shot dead in Nowshera
  3. Guard shoots dead his employer in Lahore’s Ghalib Market Guard shoots dead his employer in Lahore’s Ghalib Market
  4. Sania Mirza seeks forgiveness ahead of Hajj pilgrimage Sania Mirza seeks forgiveness ahead of Hajj pilgrimage
  5. Wajdan’s high demands from Chahat Fateh Ali Khan shock everyone Wajdan’s high demands from Chahat Fateh Ali Khan shock everyone
  6. Pakistani stars voice frustration after losing to India in T20 World Cup Pakistani stars voice frustration after losing to India in T20 World Cup

Opinion

  1. Premier Shehbaz and Chinese model
    Premier Shehbaz and Chinese model

    By Naveed Aman Khan

  2. Modi's myth broken, yet in power
    Modi's myth broken, yet in power

    By Naveed Aman Khan

  3. Xi, Shehbaz and CPEC phase - 2
    Xi, Shehbaz and CPEC phase - 2

    By Naveed Aman Khan

  4. Pakistan's UNSC Triumph: A New Era
    Pakistan's UNSC Triumph: A New Era

    By Dr Asif Channer

  5. Shehbaz, Deng, Xi and transformation
    Shehbaz, Deng, Xi and transformation

    By Naveed Aman Khan

  6. Higher voter turnout rejection of Modi’s policies in Kashmir
    Higher voter turnout rejection of Modi’s policies in Kashmir

    By Dr Ghulam Nabi Fai