# 18pc sales tax cripples cotton ginning - Newspaper - DAWN.COM

> Several Pakistani cotton ginning factories shut down after the federal budget kept an 18% sales tax on cottonseed and oil cake. The Karachi spot cotton rate fell Rs 4,000 to Rs 17,500 per maund, and Punjab prices dropped Rs 5,000.

- Date: 2026-07-03 · published 2026-07-03T12:00:00.000Z
- Category: policy · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/18474-18pc-sales-tax-cripples-cotton-ginning-newspaper-dawn-com
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

The tax keeps Pakistani cottonseed meal uncompetitive and reduces crushing, which lowers local oil cake supply and pressures domestic meal prices.

## Read by commodity

- CSM: bearish ▼

## Sources

- dawn.com: https://www.dawn.com/news/2012867

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.