Pakistan : Cotton prices maintain a rising trend
Write:
Kisho [2011-05-20]
Karachi Cotton Association (KCA) statistics show that prices continued an upward trend. Rates remained stable at around Rs 2900 per maund during the last week of July.
Cotton prices started moving upwards from August 1 at Rs 2950. It took another leap today, reaching Rs 3000 per mound.
However, prices have yet not found their stand and are most likely to waver for a while.