Business
Cotton crop withstands impact of floods and rains – SUCH TV
Cotton Ginners Forum Chairman Ehsan-ul-Haq has said that the cotton crop remains largely safe across the country despite heavy rains and floods.
He noted that while rains and flooding have caused some damage in Bahawalnagar and Muzaffargarh districts, the overall condition of the crop is satisfactory.
According to him, cotton prices are currently stable at Rs16,300 per 40 kilograms in Punjab and Rs16,000 per 40 kilograms in Sindh.
He said the purchase and sale of cotton is being seen limited due to the disruption of the transport system due to rains and floods.