COTTON RISE
While manufacturers and end customers cotton expect that the cotton crop this year will be a solid, which stabilizes the market is more fundamental. However, the global economic downturn and there can make their own adjustments.
Specifically, in Karachi textile exports in the first week of January fell 4.7% y / y, reaching only 5.96 billion dollars, as the prices for the calculations were last year.
For textile manufacturers in general are now quite favorable situation with cotton prices, experts say.
