LAHORE: The country’s cotton production surged by 40 per cent year-on-year to 2.004 million bales by Sept 15, according to data released by the Pakistan Cotton Ginners Association (PCGA) on Thursday. The sharp increase has come despite prolonged rainfall and flooding in several cotton-growing regions, raising hopes of a reduced import bill for raw cotton and edible oil.

The PCGA report shows that ginning factories in Punjab received 690,000 bales during the period, reflecting a 28pc increase from last year, while Sindh reported a........

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