The Karachi Cotton Association (KCA) has opposed governmentâ€™s proposal to impose grading fee on cotton trade, saying the trade is already paying various duties and taxes including cotton cess.
Though the KCA appreciated governmentâ€™s move to strengthen cotton grading and standardisation system in the country which would help fetch higher price for the commodity and its made-ups in the international market, it expressed reservation over governmentâ€™s proposal to impose grading fee at Rs5 per bale on cotton trade.
The association referring to various duties and taxes, including cotton cess at Rs50 per bale, which was raised from Rs20 to Rs50 per bale. The KCA has called for reconsidering imposition of grading fee.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
Countries Served Worldwide