In spite of several adversities like diseases, floods and pest attacks in Sindh and heavy rains in Punjab, a rise has been noted in Pakistan's cotton production through November this year, compared to the output of last year's corresponding period.
This is apparent from the quantum of cotton that reached the ginneries by December 1 this year. According to the fortnightly report of the Pakistan Cotton Ginners Association (PCGA) around 9,650,102 bales of seed cotton reached cotton ginners by December 1 this year, which is 1,292,877 bales or 15.47 percent higher than last year's corresponding period's sourcing of 8,357,225 bales. During the fortnight from November 16 to December 1, 2011, ginners received 1,681,283 bales.
Of the 9.65 million bales that reached ginneries, 7,269,048 bales were bought by textile units, while 342,959 have been sold to the exporters. Thus, 7.612 million bales were traded without any involvement of Trading Corporation of Pakistan (TCP), while 2,038,095 bales are still lying unsold.
However, PCGA claimed that the Federal Government is disinclined to allow TCP to step in to procure cotton under pressure from All Pakistan Textile Mills Association (APTMA).
There are in all 1076 ginneries operational in Punjab and Sindh regions of Pakistan.
While Punjab's overall cotton production grew by 43.30 percent from last year's 5,262,066 bales to 7,540,302 bales this year, a drop of 31.84 percent has been noted in Sindh's output which plummeted from last year's 3,095,159 bales to 2,109,793 bales this year. Balochistan contributed 34,800 bales to the overall production this year.
Fibre2fashion News Desk - India
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