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Pakistan cotton ginneries receive 13.242mn bales by Feb 15
18
Feb '14
Cotton ginneries in Pakistan received 13.242 million bales as on February 15, 2014, showing a rise of 4.82 percent compared to arrival of 12.633 million bales during the corresponding period of last season, according to the consolidated statement of cotton arrivals in factories of Pakistan, prepared by the Pakistan Cotton Ginners’ Association (PCGA), using data collected with joint cooperation from All Pakistan Textile Mills Association (APTMA) and the Karachi Cotton Association (KCA).
 
The data shows total cotton arrivals growing by 2.55 percent year-on-year to 9.493 million bales in Punjab province, and by 11.03 percent year-on-year to 3.748 million bales in Sindh province.
 
Of the total arrival of 13.242 million bales, around 13.184 million bales were pressed by ginners, of which 12.115 million bales were sold, leaving an unsold stock of 1.068 million bales with the ginners, as on February 15, the PCGA said.
 
The textile mills in Pakistan consumed 11.762 million bales, while another 353,369 bales of cotton were sold to exporters, the data showed.
 
At present, a total of 130 ginning factories are operational in Punjab compared to 367 ginneries that were operational during the same time last season.
 
Similarly, 10 ginning units are currently operational in the Sindh region, as against 33 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.
 
Meanwhile, the PCGA has offered to supply certified and well germinated cotton seeds to Afghanistan, in order to boost the cotton industry in the neighbouring country.
 

Fibre2fashion News Desk - India

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