AGL 35.80 Decreased By ▼ -1.20 (-3.24%)
AIRLINK 139.80 Increased By ▲ 1.03 (0.74%)
BOP 5.06 Decreased By ▼ -0.01 (-0.2%)
CNERGY 4.11 Decreased By ▼ -0.02 (-0.48%)
DCL 9.15 Decreased By ▼ -0.10 (-1.08%)
DFML 51.05 Decreased By ▼ -0.45 (-0.87%)
DGKC 80.45 Decreased By ▼ -2.70 (-3.25%)
FCCL 24.63 Increased By ▲ 0.03 (0.12%)
FFBL 46.40 Increased By ▲ 0.30 (0.65%)
FFL 9.20 Increased By ▲ 0.03 (0.33%)
HUBC 151.48 Increased By ▲ 1.22 (0.81%)
HUMNL 11.18 Increased By ▲ 0.19 (1.73%)
KEL 4.15 Decreased By ▼ -0.03 (-0.72%)
KOSM 8.83 Increased By ▲ 0.11 (1.26%)
MLCF 34.05 Decreased By ▼ -0.70 (-2.01%)
NBP 60.00 Increased By ▲ 1.85 (3.18%)
OGDC 142.90 Increased By ▲ 4.40 (3.18%)
PAEL 27.00 Decreased By ▼ -0.11 (-0.41%)
PIBTL 6.14 Increased By ▲ 0.10 (1.66%)
PPL 115.09 Increased By ▲ 1.84 (1.62%)
PRL 24.50 Increased By ▲ 0.06 (0.25%)
PTC 12.05 Decreased By ▼ -0.04 (-0.33%)
SEARL 58.32 Increased By ▲ 0.02 (0.03%)
TELE 7.88 Decreased By ▼ -0.11 (-1.38%)
TOMCL 41.32 Decreased By ▼ -0.18 (-0.43%)
TPLP 9.20 Decreased By ▼ -0.15 (-1.6%)
TREET 15.30 Decreased By ▼ -0.10 (-0.65%)
TRG 54.57 Increased By ▲ 2.62 (5.04%)
UNITY 29.07 Increased By ▲ 0.02 (0.07%)
WTL 1.45 Increased By ▲ 0.02 (1.4%)
BR100 8,408 Increased By 30.7 (0.37%)
BR30 27,180 Increased By 64.2 (0.24%)
KSE100 79,333 Increased By 315.4 (0.4%)
KSE30 25,027 Increased By 114.4 (0.46%)

Cotton production in the country has declined by 19.52 percent as the arrivals recorded at the ginneries as on November 15 stood at 74,53,150 bales, showing a decrease of 19.52 percent from 92,61,398 bales received in the corresponding period of last year.
The President of Pakistan Cotton Ginners Association (PCGA), Masud Majeed, and Shehzad Ali Khan, vice chairman, briefed reporters about the fortnightly report. Punjab contributed 45,88,486 bales, Sindh 28,64,664 bales and Balochistan 17,364 bales to take the total to 74,53,150 bales. District-wise production data showed that Multan contributed 2,18,414 bales, Lodhran 1,26,151 bales, Khanewal 4,69,184 bales, Muzaffargarh 1,35,433 bales, Dera Ghazi Khan 1,81,317 bales, Rajanpur 1,30,636 bales, Layyah 1,01,884 bales, Vehari 5,14,923 bales, Sahiwal 3,64,195 bales, Pakpattan 1,80,500 bales, Okara 32,700 bales, Kasur 4750 bales, Toba Tek Singh 1,89,664 bales, Faisalabad 82,130 bales, Jhang 99,690 bales, Mianwali 64,900 bales, Bhakkar 57,100 bales, Rahim Yar Khan 4,93,800 bales, Bahawalpur 5,31,015 bales, and Bahawalnagar 5,92,700 bales.
Sindh's district-wise production figures were: Hyderabad 2,86,886 bales, Mirpurkhas 3,17,607 bales, Sanghar 12,99,991 bales, Nawabshah 2,64,773 bales, Naushero Feroze 1,55,431 bales, Khairpur 1,63,025 bales, Ghotki 94,874 bales, Sukkur 1,78,324 bales, and Dadu 87,273 bales.
Balochistan added 17,364 bales to the total. The arrivals figures recorded so far are the lowest Pakistan ever had. PCGA claimed that 2 million bales were destroyed in recent floods in Punjab and Sindh. Policy-makers may hope that bumper cotton crop will help the government make deficiency in other areas, taking the annual growth rates to over 7 percent.
PCGA chairman Masud reiterated demand to the government to announce relief and bail-out package for cotton ginning factories of flood-hit areas and survey of such areas should be completed very soon. The report said that the ginners pressed 68,99,381 bales. Only 3,54,500 bales were exported by commercial exporters (which were purchased from Sindh), and merely 31,800 bales were purchased from Punjab. The textile industry purchased 60,95,976 bales and 10,02,674 bales were available with ginners as unsold stock.

Copyright Business Recorder, 2010

Comments

Comments are closed.