KARACHI (APP) Cotton price has plunged by Rs 800 to Rs 7,800 per maund in Sindh this week, over a bumper crop and fall in demand for yarn and textile products, brokers said Saturday. Rs 650 per maund to Rs 8,000 per maund on June 18, 2011. Good quality new phutti price dropped by Rs 500 to 3,200 to Rs 3,300 per 40 kg in Sindh while it plummeted by Rs 800 to Rs 2,900 to Rs 3,100 in Punjab. Binola price also closed lower at Rs 1,150 per maund in Sindh and Rs 1,200 per maund in Punjab.