Huzaifa Jamshed, Daily Dawn, Dawn TV
Lahore: For the first time in the country’s history, about 50 percent of the ginning factories in the cotton belt of Punjab have become inactive due to the non-sale of cotton.
This is the first time in the 78-year history of Pakistan that 50 percent of the factories in the cotton belt of Punjab have closed or become inactive due to the non-sale of cotton.
Due to this crisis in the cotton ginning sector, the trend of decreasing cotton prices in the cotton markets of Punjab has continued, while due to the forecast of more rains in Punjab and Sindh this week, cotton was harvested and harvested, and there are concerns that the quality of the cotton will also be further affected.
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