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Global cotton crisis: Floods in Pakistan could damage 45 percent of country’s cotton

The devasting floods in Pakistan could be the beginning of a new cotton crisis. An estimated 40 to 45 percent of the country’s cotton crops have been ravished by storms. This will have a disastrous effect on the world’s cotton cycle, sending prices to rocketing heights. Pakistan is one of the world’s biggest cotton producers, the fifth largest...

1 Sept 2022