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PCGA Chairman disputes recovery in cotton output
28
Mar '11
“There is no recovery in cotton output” said the Chairman of Pakistan Cotton Ginners Association (PCGA) - Mr Masood Majeed.

Mr Majeed was reacting to reports that the 2010-11 cotton crop has witnessed recovery, after it was reported that, an additional 88,000 cottonseed bales arrived in the market between March 1 and 15, 2011.

Speaking exclusively with fibre2fashion, Mr Majeed informed, “Arrivals have almost stopped and total output is around 11.6 million bales. Actually two million bales have been destroyed by the flood”.

“However, because of the very good prices to the farmers there would be more sowing and now that the water in the flood affected areas has receded, the land is now cultivable so the farmer will cultivate cotton there also”, he informed.

“I cannot correctly estimate the acreage under cotton, but the area which was destroyed by the floods is under consideration as well as new areas, where till date, no cotton was cultivated, farmers are shifting towards cotton” he added by saying.

“Exact cotton acreage figures can be had in the month of April. We are expecting around 15 million bales in the next cotton season”, he wrapped up by saying.

Fibre2fashion News Desk - India


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