Never So High

Never So High Nishtar IF cotton were not a highly inflammable commodity, one could have easily said that the cotton market is aflame. For there is a real scramble for cotton. Any good lot on offer has a ready buyer and price seems to be no consideration at all. The inordinate delay in the import of cotton under PL 480 is said to be the major factor behind the recent spurt in cotton prices. But no less important a factor is the remarkable buoyancy in the cotton piece-goods market. It is not just that increased agricultural production is at long last having its impact on cloth offtake. According to informed sources, the boom in textiles is in no small measure due to smuggling of textiles on a massive scale to Pakistan where textile production has been seriously disrupted by political disturbances.