Rs 45 billion cotton imported due to low yield

Chairman Cotton Brokers Forum, Naseem Usman has said that in the current season cotton of Rs 45 billion has been imported till now. It is expected that at the end of the season, cotton of about Rs 55 billion would have been imported.
He said that in the current season lot of reduction has been observed in the production of cotton. To fulfil the demand of spinning and textile mills the cotton of about Rs 45 billion has been exported during the period from August 2007 to February 2008. In the current season 800,000 bales of more cotton would be imported.