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Pakistan cotton ginneries receive 12.88mn bales by Jan 15
20
Jan '14
Cotton ginneries in Pakistan received 12.882 million bales as on January 15, 2014, showing a rise of 7.16 percent compared to arrival of 12.022 million bales during the corresponding period of last season, according to the fortnightly report on cotton arrivals, prepared by the Pakistan Cotton Ginners’ Association (PCGA), in joint cooperation with All Pakistan Textile Mills Association (APTMA) and the Karachi Cotton Association (KCA).
 
The data shows total cotton arrivals growing by 5.01 percent year-on-year to 9.162 million bales in Punjab province, and by 12.87 percent year-on-year to 3.72 million bales in Sindh province.
 
Of the total arrival of 12.882 million bales, around 12.773 million bales were pressed by ginners, of which 11.354 million bales were sold, leaving an unsold stock of 1.419 million bales with the ginners, as on January 15, the PCGA said.
 
The textile mills in Pakistan consumed 11.016 million bales, while another 338,538 bales of cotton were sold to exporters, the data showed.
 
At present, a total of 194 ginning factories are operational in Punjab compared to 618 ginneries that were operational during the same time last season.
 
Similarly, 69 ginning units are currently operational in the Sindh region, as against 94 units being operational during the corresponding period last year.
 
In 2012-13 cotton season, Pakistan’s cotton output fell by 12.81 percent year-on-year to 12.915 million bales, compared to the previous season’s production of 14.813 million bales, mainly because of less sowing of the crop.
 

Fibre2fashion News Desk - India


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