Cotton arrivals increase by 13.75 percent: PCGA

December 19, 2013

MAQBOOL HUSSAIN BUKHARI

Pakistan Cotton
Pakistan Cotton

Pakistan Cotton Ginners Association (PCGA) has released cotton arrivals figure for first two weeks of December on Wednesday. PCGA fortnightly report shows that around 1,22,49,949 cotton bales were distributed to the ginners by December 15, which shows an increase of 13.75 percent than last year when ginners received 1,07,68,861 bales.

PCGA Chairman Mukhtar Ahmed Khan Baloch said on Wednesday about cotton seed (phutti) arrivals, sales and unsold stock of cotton. He said that 9,962,296 cotton bales were given to the textile units and exporters bought 315,804 bales. Thus, overall 10,278,100 bales were traded so far.

Baloch said that total 998 out of 1,200 ginning factories are operational in Sindh and Punjab in which Punjab contributed 86,35,886 bales which is 12.95 percent more than last year when Punjab contributed 76,45,861 bales and Sindh contributed 3,614,063 bales which is 15.72 percent more than last year when it contributed 3,123,000 bales.

After the total trading of 10,278,100 bales, there are 1,971,849 bales available with ginners as unsold stock. He mentioned district wise cotton arrivals in Punjab as under: Multan 452,101 bales which is 32.53 percent more than last year, Lodhran 315,981 bales with 45.11 percent increase, Khanewal 865,334 with 7.76 percent, Muzaffargarh 384,907 bales with 2.25 percent increase, Dera Ghazi Khan 381,754 bales showed an increase of 40.05 percent, Rajanpur 405,762 bales showing an increase of 13.39 percent, Layyah 261,600 bales with 52.93 percent more than last year, Vehari 811,755 bales with 99 percent increase, Sahiwal 486,954 bales decreased by 5.09 percent, Pakpattan 165,4236 which is 26.95 percent less than last year.

District wise cotton arrivals in Sindh as under: Hyderabad 296,694 bales showing an increase of 24.97 percent, Mirpur Khas 354,976 bales, showing decrease by 8.53 percent, Sangarh 1,372,745 bales, Nawabshah 278,180, Naushero Feroze 237,229, Khairpur 217,181 bales, Ghotki 188,410 bales, Sukkur 333,190 bales, Dadu 35,455, Jamshoro 187,279, Badin 53,525 and Balochistan received 58,281 bales.

Courtesy Business Recorder

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