New Cotton Planting In Pakistan Is About To Be Completed, And Market Prices Continue To Slump.
Recently, the main cotton producing areas in Pakistan continue to be hot and dry. At present, the planting work in the late sowing area of the northern part of Sindh province and the southern part of the southern part of punchpu is about to be completed. However, due to the hot weather and locust disaster, some species need to be replanted. Because of the more cotton seed problem, cotton seed companies are trying to buy again to ensure that they continue to sow seeds.
Up to now, locust damage to Pakistan cotton is relatively small, only in a few cotton areas. But cotton farmers are still worried about its possible damage to cotton and locusts. The government will continue to take measures to eliminate locusts. It is estimated that the total output of cotton will reach 1 million 240 thousand tons -144.5 million tons this year. At the same time, some early sowing cotton fields in the southern part of Sindh province continued to pick and pick, and the price was 3800-4000 rupees /40 kg. 6 cotton ginning plants have been processed.
Pakistan's cotton market continued to slump last week. At present, new cotton and Chen cotton are both sold, and the new flower price in Xin De province is 7900-8000 rupees / mod en, and the transaction price in Punjab is about 8300-8400 rupees / Moore. Textile mills are still very cautious in purchasing, especially imported cotton. According to the quality of Chen cotton, the middle class spot pick up price is 7200-8300 rupees / Moore.
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