MULTAN, Oct 18 (APP):Cotton arrivals at country’s ginning factories reached over 4.08 million bales by October 15, registering a 7.53 percent increase compared to the corresponding period of last year, according to the fortnightly report issued by the Pakistan Cotton Ginners’ Association (PCGA). According to a spokesperson, the PCGA report stated that total arrivals stood at 4,081,265 bales against 3,795,637 bales recorded during the same period last season, reflecting an …
Cotton arrivals cross 4.08 million bales, up 7.53 percent: PCGA
MULTAN, Oct 18 (APP):Cotton arrivals at country’s ginning factories reached over 4.08 million bales by October 15, registering a 7.53 percent increase compared to the corresponding period of last year, according to the fortnightly report issued by the Pakistan Cotton Ginners’ Association (PCGA).
According to a spokesperson, the PCGA report stated that total arrivals stood at 4,081,265 bales against 3,795,637 bales recorded during the same period last season, reflecting an increase of 285,628 bales. Total pressing by factories reached 3,733,154 bales.
Province-wise data showed that Punjab received 1,638,497 bales, marking a 7.79 percent increase, while Sindh recorded arrivals of 2,442,768 bales, showing a growth of 7.35 percent.
In Punjab, Bahawalnagar district led with 418,750 bales, followed by Bahawalpur with 294,606 bales and Dera Ghazi Khan with 236,514 bales. Lodhran recorded a remarkable growth of 102.89 percent in arrivals, while Layyah registered 76.68 percent growth. Multan’s arrivals grew 11.59 percent to 23,977 bales.
However, districts including Khanewal, Vehari, and Rahim Yar Khan recorded declines of 31.07 percent, 26.56 percent, and 12.66 percent respectively, while Muzaffargarh and Rajanpur experienced sharp drops of 74.51 percent and 63.80 percent.
In Sindh, Sanghar topped the district-wise arrivals with 1,137,903 bales, followed by Sukkur with 264,500 bales and Naushero Feroze with 223,200 bales.
Textile mills purchased 3,452,335 bales, while exporters and traders bought 97,400 bales, bringing total sales to 3,549,735 bales. Unsold stock currently stands at 531,530 bales compared to 630,471 bales last year.
A total of 471 ginning factories were currently operational across the country.
