Home / Knowledge / News / Textiles / PCGA urges TCP to buy low grade cotton
PCGA urges TCP to buy low grade cotton
Dec '11
The Pakistan Cotton Ginners' Association (PCGA) has made a request to President Asif Ali Zardari to ask Trading Corporation of Pakistan (TCP) to buy low grade cotton from the market to support cotton prices in the country.

From a record high of more than PKR 14,500 per maund, the prices of cotton have now declined to PKR 3,000 per maund owing to bumper arrival of cotton, which is of lower grade that does not meet the requirement of textile sector for their value-addition exports.

In the current 2011-12 season, Pakistan is estimated to have a bumper cotton production of 14.8 million bales.

“PCGA has urged President Zardari to intervene and direct the TCP to buy low grade cotton that is lying with us and one that is lying in Punjab which is also of low category, in order to support cotton prices in the country,” Mr. Amanullah Qureshi, Chairman PCGA, told fibre2fashion.

“We have talked to the PM about it and he is considering the matter. We also had a meeting with the Textiles Ministry department and we are hopeful that the Government will act positively in this matter and they would take the initiative to solve the issue,” the PCGA Chief added.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search