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Global cotton market is still oversupplied, but since Sep, the global cotton prices have diverged obviously. For Pakistani spot cotton index, G3 1-1/16, prices have risen from Rs. 8,000 to 9,200 per maund, an increase of 15%, which is mainly attributed to the tight supply caused by sharp reduction o
In Pakistan, cotton areas have gained strong support from the high cotton prices and good rainfall during the planting period. Moreover, yearly increase of 14.4% of cotton areas by July 5are also supportive to complete the target of cotton production in new season. In 2019/20 season, Pakistani cotto
