Soaring cotton prices have created all kinds of difficulties for the manufacturers. Months of February and March proved worst for the users. Through out these two months cotton rates remained volatile.
However, since more than last 20 days cotton users have heaved a sigh of relief as the prices got stuck at one point. This stability has been able to ease the tension of manufacturers.
Today, according to Karachi Cotton Association (KCA), prices for this particular raw material stayed at Rs3,300 per mound.