Home / Knowledge / News / Textiles / Cotton arrival rises 3.69% by May 1 at Pakistani ginneries
Cotton arrival rises 3.69% by May 1 at Pakistani ginneries
05
May '14
The arrival of cotton increased by 3.69 percent to 13.391 million bales at ginneries in Pakistan as on May 1, 2014, compared to the arrival of 12.915 million bales during the corresponding period in previous 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 of All Pakistan Textile Mills Association (APTMA) and the Karachi Cotton Association (KCA).
 
According to the fortnightly report, 13.388 million bales of cotton were pressed by ginners as on May 1, 2014, of which, 12.983 million bales were sold, leaving an unsold stock of 404,869 million bales of ginned cotton.
 
Of the ginned stock, over 12.584 million bales of cotton were sold to domestic textile mills in Pakistan, while another 399,382 bales were purchased by exporters. The Trading Corporation of Pakistan (TCP) has not procured cotton so far during the ongoing cotton season.
 
In Punjab province, which is the main cotton growing region in the country, over 9.631 million bales of cotton reached ginneries by May 1, of which, 9.629 million bales were pressed, leaving an unginned stock of 1,880 cotton bales. Majority of the bales were sold to local textile mills, and only 123,826 bales were sold to exporters, according to the data.
 
In Sindh province, almost all of the 3.76 million bales of cotton received were pressed by the ginners, and 3.629 million bales were sold, leaving an unsold stock of 129,795 bales with the ginners. Textile mills bought 3.353 million bales of cotton, while another 275,556 bales were sold to exporters.
 
During July-March 2013-14, Pakistan exported 102,276 tons of raw cotton valued at US$ 181.895 million, compared to exports of 75,941 tons of raw cotton worth $126.774 million made during the same period in previous fiscal year, thus registering a sharp increase of 43.48 percent year-on-year, according to the data from the Pakistan Bureau of Statistics (PBS).  However, imports of raw cotton witnessed a sharp 29.43 percent year-on-year decline and were valued at $474.155 million during the nine-month period.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 21st Aug 2017

GST payment & filing for July extended till Aug 25

The GST Implementation Committee, consisting of state and Central...

Textiles | On 21st Aug 2017

India’s cotton production may grow by 3.76% in 2016-17

India’s cotton production is likely to rise by 3.76 per cent to 345...

Textiles | On 21st Aug 2017

Telangana announces sops for textile, apparel sector

The Telangana government recently announced a string of incentives,...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Karan Arora
Karan Arora

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

August 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search