The Karachi Cotton Association (KCA) held a meeting on Thursday where representatives of the All Pakistan Textile Mills Association (APTMA) and the Pakistan Cotton Ginners Association (PCGA) were present to discuss the issue of increasing the cotton crop in the country and improving the quality of cottonseed.

Shorter Pakistani crop during the period 2017 – 2018, than earlier expected, has seen domestic prices rise to higher levels.Traders said in Karachi that Pakistan may harvest a crop of 11.5 million bales (155 Kgs) during the current season 2017/2018.

The rise in International cotton prices in America is said to have gone beyond 79 cents per pound this week.Indian prices for the natural fibre has also sharply risen following the fatal pink bollworm attack on the crop in Maharashtra.

Yarn prices have also shown increase in recent months while the large spinning units are said to be faring much better. If the cotton demand continues to increase, local lint prices may rise.

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