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Pakistan's domestic cotton prices continued to fall in the past week, with the Karachi Cotton Association cutting its spot rate by Rs 200 to Rs 17,800 per maund. Falling New York futures, weak local quality, and textile liquidity constraints were cited, alongside a 50-basis-point policy rate increase to 12%.
Weak cotton and textile demand reduces crushing activity for cottonseed, leaving cottonseed meal supply and pricing under mild pressure.
Not 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.