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Pak ginners enjoy early cotton arrivals this season
05
Sep '12
From Pakistan’s current year’s output, seed cotton (phutti) sufficient enough to produce 1.731 million bales of cotton has reached cotton ginners of the country by August 31, 2012, the Pakistan Cotton Ginners Association (PCGA) has said.
 
As stated by PCGA Executive Member Ihsan-ul-Haq, this year as cotton plantation in most of the areas of Punjab and Sindh took place earlier during February to March, arrival of new crops as well as ginning started early, in second week of June.
 
This, for the first time, facilitated early compilation of an extensive country-wide cotton output report by August 31, 2012, which is almost a month ahead of the usual date of September 30, he said adding that the report would be updated fortnightly till April 30, 2013.
 
According to the production report released by PCGA, seed cotton sufficient to produce 1.731 million bales of cotton has reached the domestic cotton ginning factories by now. This includes an equivalent of 967,654 cotton bales received by ginneries in Punjab and 763,591 cotton bales received by Sindh ginneries.
 
As per the report, presently 286 ginning factories are operational in Punjab, and 154 in Sindh.
 
About 1.507 million cotton bales reached domestic textile mills from ginneries by August 31, while another 2,000 bales have been exported.
 
Mr. Ihsan-ul-Haq said that if registration of cotton export agreements would have started earlier, it would have been made possible to ship larger quantity of cotton over the past two months.
 
As of August 31, Pakistan ginneries have an unsold stock of 221,478 bales, which includes 47,347 pressed bales and 174,121 bales of un-ginned phutti, the report stated.
 

Fibre2fashion News Desk - India


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