Cotton arrival at Pakistan ginneries up 43.83% as on Dec 15

In the major cotton producing province of Punjab, total cotton arrivals increased by 26.68 per cent year-on-year to 3.773 million bales, according to the report prepared by PCGA, in joint cooperation with All Pakistan Textile Mills Association (APTMA) and the Karachi Cotton Association (KCA). While in Sindh province, cotton arrivals were up 68.42 per cent to 3.500 million bales as on December 15 during the ongoing cotton season 2021-22.

Of the total arrival of 7.274 million bales at various ginneries in Pakistan, 7.212 million bales were pressed by ginners, of which 6.906 million bales were sold, leaving an unsold stock of 305,072 bales with the ginners, as on December 15, according to the PCGA report.

The textile mills in Pakistan consumed 6.890 million bales, while another 16,000 bales of cotton were sold to exporters, according to the data. The Trading Corporation of Pakistan (TCP) has not procured any bale of cotton so far this season.

As of December 15, a total of 119 ginning factories were operational in Punjab compared to 275 ginneries that were operational during the same time last season. Similarly, 14 ginning units were operational in the Sindh region, compared to 109 operating units during the corresponding period last year.

In the previous cotton season 2020-21, Pakistan had produced around 5.645 million bales of cotton, much lower than 8.571 million bales in the previous season, due to water shortage and attacks by cotton leaf curl virus (CLCV) and other pests.

Fibre2Fashion News Desk (RKS)