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    Pakistan Cotton Experts Asked The Government To Buy And Export Surplus Cotton.

    2011/10/26 11:30:00 20

    Cotton Requires Government Cotton

    Pakistan's cotton experts believe that the state can take advantage of the current fiscal year.

    cotton

    The increase in exports is despite the fact that the cotton industry has exported more than half of its cotton output.


    In the cotton season, the total cotton output in Pakistan is expected to reach 15 million packages, said Ulakh, President of the Pakistan cotton gin Association's Multan regional branch.

    The biggest cotton demand in Pakistan's textile industry is 11 million bales.


    He suggested that the government should plan to buy about 300-400 million bales of cotton from cotton growers and cotton mills and export them.


    In fiscal year 2011, Pakistan.

    Spin

    Exports of goods increased by 35% to $13 billion 800 million, and exports in the last fiscal year amounted to $10 billion 200 million, but the increase in exports was mainly due to the price of products.

    increase

    Brought about.


    Pakistan may have to rely on increasing exports to maintain its export level in the last fiscal year, as cotton prices fell from 14000 rupees / Mende in the last cotton season to the current 6000 rupees / Mende.


    Cotton mills and cotton farmers began to worry about the worst because the textile department said they did not buy cotton, which led to the conclusion that cotton mills and cotton growers made cotton waste.


    Ulakh said: "the government should purchase additional cotton to protect the interests of cotton mills and cotton growers through subsidies."

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