Home / Knowledge / News / Textiles / Pakistan raw cotton exports break all records
Pakistan raw cotton exports break all records
01
May '12
The exports of raw cotton from Pakistan have broken all records to surge to US$ 362 million during the first nine months of the current fiscal year that began on July 1, 2011.

In July-March period of last fiscal, Pakistan exported raw cotton worth US$ 277 million. In comparison, exports have risen by US$ 85 million during the same period in the current fiscal, showing a rise of 30.87 percent, according to the data released by Pakistan Bureau of Statistics.

The US$ 362 million exports achieved during the nine-month period were also higher than US$ 360 million worth of total cotton exports made by Pakistan during the last fiscal year.

In March 2012, Pakistan exported raw cotton worth US$ 68 million, as against exports of US$ 47 million during the same month last year, thus registering a month-on-month increase of 47 percent.

During July-March period, Pakistan exported around 1.2 million bales of raw cotton and is expected to surpass last fiscal's record by June 2012.

Exporters attribute the surge in exports to a number of positive factors including bumper cotton crop of more than 14.6 million bales this year, low cotton prices in Pakistan's domestic market, high demand in export markets, and unclear Indian export policy.

After witnessing a decline in cotton prices in the initial months of the current fiscal, cotton prices in Pakistan are again on the rise. If the domestic market starts giving better returns compared to international market, then exports will automatically see a downtrend, according to industry analysts.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


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