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Pakistan : Cotton prices bounce after long steady run

Pakistan : Cotton prices bounce after long steady run

Write: Dixon [2011-05-20]
Karachi Cotton Association (KCA) reported sharp fluctuations for long period. Cotton prices finally stabilized at Rs2800 and remained so for 4-6 weeks.
However, once again, on September 22 the rates jumped to Rs2,850 and today the prices have reached Rs2875.
A-Index stood at 71.80 and B-Index was at 69.90.
Complete quotations here.