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Over 7.347 million bales of cotton have arrived in 2021-22 season at various ginneries in Pakistan, as on January 1, 2022, up 36.81 per cent compared to arrival of 5.370 million bales during the corresponding period of last season, according to the latest fortnightly report on cotton arrivals, released by Pakistan Cotton Ginners’ Association (PCGA).
In the major cotton producing province of Punjab, total cotton arrivals increased by 17.81 per cent year-on-year to 3.838 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 66.12 per cent to 3.508 million bales as on January 1 during the ongoing cotton season 2021-22.
Of the total arrival of 7.347 million bales at various ginneries in Pakistan, 7.312 million bales were pressed by ginners, of which 7.035 million bales were sold, leaving an unsold stock of 277,185 bales with the ginners, as on January 1, according to the PCGA report.
Over 7.347 million bales of cotton have arrived in 2021-22 season at various ginneries in Pakistan, as on January 1, 2022, up 36.81 per cent compared to arrival of 5.370 million bales during the corresponding period of last season, according to the latest fortnightly report on cotton arrivals, released by Pakistan Cotton Ginners’ Association (PCGA).
The textile mills in Pakistan consumed 7.019 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 January 1, a total of 64 ginning factories were operational in Punjab compared to 185 ginneries that were operational during the same time last season. Similarly, 43 ginning units were operational in the Sindh region, compared to 72 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)
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