Related Keywords: first quarter of current fiscal year, higher demand on international front, lower commodity prices in domestic market, Pakistan raw cotton exports, registered ten percent growth, unlikely to achieve initial cotton production target
Pakistan’'s raw cotton exports during the first quarter of current fiscal year (FY16) registered a 10 percent growth due to lower commodity prices in the domestic market and higher demand on the international front. India, Indonesia and Vietnam were leading buyers of Pakistani cotton.
Bangladesh also procured some commodity during the first three months of this fiscal year, when prices were less than Rs 4,800 per maund in the domestic market. They procured some quantity from Pakistan to meet their demand as Indian cotton crop arrives after Pakistan''s crop.
