| GEO Business|
| Textile value-added sector demands ban on cotton export|
| Updated at: 1321 PST, Saturday, July 26, 2008|
KARACHI: Textile value-added sector has demanded from the government clamping a ban on the export of cotton.
Fashion Apparel Forum president, Naqi Bari in a meeting of the value-added exporters’ organizations said that the survival of the textile sector has endangered due to lower cotton production and its exports. He said that the sale of 1 million bales of cotton to India has been contracted, which has triggered the cotton prices mounting to the highest peak at Rs4200 per bale, making it impossible for the small textile mills buying cotton.