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Cottonseed (phutti) prices in Pakistan rose Rs400 to Rs700 per maund over recent weeks in Rahim Yar Khan, reaching Rs3,700 to 4,000 per 40 kg. Weather damage, a bollworm attack and heavy September rains cut yields and reduced arrivals.
Lower Pakistani cottonseed supply raises local feed input costs, supporting cottonseed meal prices in South Asia while the crop is smaller than last year.
dawn.comIrfanul HaqOct 1, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
