Baxia Markets
By
June 08, 2021

Cotton cash contract gets stable

fundamental analysis top header -01

 

Special efforts are being made to increase cotton production and prevent diseases and pests. To encourage farmers to increase their production, the government announced a supportive price to protect the revenue of the farmers. This will create a positive interference for the supply and demand balance for the cotton market.

 

 

Apart from the economic policies, the government also provides certified, pest resistant, and climate tolerant high yielding seed varieties to farmers for the coming season. With the Federal Seed Certification and Registration Departs working hard to test over 30,000 tons of cotton seeds, cotton farmers will have one more reason to be confident in their future production.

 

cotton0607finished

 

As the major cash crop and industrial raw material for the textile sector, Cotton was on a downward trajectory for various reasons. The government’s interference will help stabilize the market and boost confidence among farmers.

 

We love to hear new ideas from traders and want to know what you think! 

 

If you like this topic and want to suggest future topics that you find helpful, let us know by clicking the ‘submit your feedback’ button below.

 

Open Live Account  

 

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. 

 

Nothing contained in this website should be construed as investment advice. Any reference to an investment's past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. 

Subscribe by Email