Home / Knowledge / News / Textiles / Producers try balancing deficit of cotton bales
Producers try balancing deficit of cotton bales
Jan '08
In the wake of low cotton production, Pakistan textile industry is facing a major crisis since a huge amount of import requirements will have to be met to balance the deficit.

While the spinning industry of Pakistan consumes nearly 15 million bales of cotton every year, the country is likely to produce only 10 million, falling short of five million bales. This as a consequence would lead to rise of cotton prices in the domestic market coupled with an extra pressure on the Government's reserves.

Although, the textile industry has imported 1.23 million bales so far, experts believe that a huge amount is expected to reach the country in the next few months. Recently, the Economic Coordination Committee of Pakistan approved import of 0.5 million bales short staple cotton from India through Wagha border.

Cotton prices on January 3 stood at around Rs3,075 per maund, on the next day the rates have climbed to about Rs3,125.

With weakening supply as well as unpredictable prices, the textile industry is uncertain and the trade is becoming strained.

Low cotton production can largely be attributed to two major reasons, namely; damage caused by mealybug and leaf curl virus and negligence on part of the Ministry of Food, Agriculture and Livestock.

Phutti arrival in Punjab has dropped by 23.10 percent or 6.865 million bales as compared to 8.937 million bales produced in the corresponding period last year.

As a result of the plunge, the overall production of cotton in the country fell by 17.76 percent at 9.114 million bales as against 11.082 million harvested in the same period last.

The industry was anyways surrounded by crises like high cost of production coupled with erratic power cuts. This unprecedented outcome has further aggravated the situation making matters worse for the industry.

Related news

Must ReadView All

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

Courtesy: Tintex

Textiles | On 21st Jun 2018

'Price ratio is key factor for knitted fabrics market'

The price ratio is a key factor for the global knitted fabrics market ...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Lynda Kelly
Suominen Corporation

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Sidharth Sinha
Sidharth Sinha

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

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

news category

Related Categories:

Advanced Search