The personage inside course of study says, because Pakistan cotton prices to 7,000 rupees/maund, therefore, Pakistan may have 100 enlargement.the faced off of destiny. About 50 spinning mills have closed, the reason is cotton prices, in addition, there are 50 factories industry shut down soon.
On the other hand, the textile industry is facing adverse situation, a situation that sales price of yarn market prices low 15%.
  Cotton and lack of funds, cotton procurement cost $7,000 r/maund, this is the history of the highest cotton never happened to purchase prices, which is the main reason. Enlargement.the closed Now, the government should take the free market mechanism for short-term measures.
  Since last year, global cotton, cotton, especially China lacks rising prices. In addition, the textile industry prohibited yarn, another free market mechanism, the impact of the textile industry value-added sectors.
  The cotton price soaring, will suddenly spinning entrepreneurs to the edge of the cliff, therefore, also go against value-added business. For these reasons, the global buyers to lose value as a supplier of Pakistan's department of faith and trust.
During this period, 15% of the yarn will extend to export tax on September, but, owing to the textile department seriously consider clear on July 27 percent of tax cancel, therefore, may not be extended to September, such doing is to help farmers, because the delayed time will lead to further enlargement.the closed, trigger chaos cotton farmers.
  Therefore, in order to avoid damage more cotton growers, the government will reconsider hitherto made policy decision.
"Chinese textile net source."
Author: tiger tiger
editor: lara