The cotton cultivation and production performance for 2024-25 highlights a significant shortfall, revealing a concerning decline compared to the previous year. Nationally, a target of 3.118 million hectares was set for cotton cultivation; however, only 1.974 million hectares were achieved—merely 63% of the target. This marks a 17% decline compared to 2023-24. A deeper provincial […]
By Sajid Mahmood Pakistan is currently grappling with a critical cotton crisis that has severely impacted its agricultural and industrial sectors. The sharp decline in cotton production has compelled the country to import over 5 million bales of cotton this year, placing a financial burden of approximately $2 billion on the national treasury. This situation
Weekly Cotton Price Movement. This report provides a comprehensive analysis of the weekly movements in cotton prices across various international and domestic markets.This report provides a comprehensive analysis of the weekly movements in cotton prices across various international and domestic markets. The data encompasses a range of categories including ICE Cotton Futures, CotLook Index A,
Monthly Cotton Price Movement: May 2024 Global Cotton Review May-2024 ICE Cotton Futures: May 2024 exhibited significant fluctuations in the ICE Cotton Futures market. The month began with notable increases across all contracts, with the July’24 contract rising from 76.51 cents/lb on May 1 to a high of 82.43 cents/lb by May 28. The Oct’24,
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Cotton Made in Africa (CmiA) is a sustainability initiative aimed at improving the living conditions of African smallholder cotton farmers while promoting environmentally friendly cultivation practices. CmiA focuses on several key aspects: Key Terms in CmiA Cotton Additional Terms These systems and terms ensure that CmiA cotton maintains high standards of sustainability, social responsibility, and
Understanding Letters of Credit (LC) Letters of credit (LCs) are financial instruments used in international trade to ensure that payment will be made from a buyer to a seller. There are several types of LCs, each designed to meet different needs and circumstances in trade transactions:Understanding Letters of Credit (LC) What is Revocable Letter of
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