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Wednesday, April 6, 2011

#pakistan misses cotton output target

Pakistan has missed cotton production target of 14 million bales by about 2.4 million bales.

As Pakistan’s total cotton requirement is about 15 million bales, the country will have to import about 3.4 million bales.

The commissioner said that cotton production fell by 7.93 percent to 7.78 million bales in Punjab from last year’s 8.4 million bales.

In Sindh, production declined by 10.37 percent to 3.79 million bales from 4.2 million bales last year.