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Pakistan's cotton arrival drops 40% in Aug-Nov 2022

06 Dec '22
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Pakistan’s cotton arrival continued to show a declining trend as heavy rains and floods in the main cotton-producing states spoiled the crop. Total arrival in the first 4 months of the current marketing year 2022-23 (August-July) was down by 40.28 per cent compared to the same period in the last season. The arrival fell 37.13 per cent year over year (YoY) in November 2022. 

Cotton arrival was 42,80,500 bales of 170 kg in August-November 2022, down 28,87,618 bales compared to 71,68,118 bales in the same period last year, according to a report on cotton arrival during the new marketing year by the Pakistan Cotton Ginners Association (PCGA). 

The arrival went down from 911,099 bales in November 2021 to 572,807 bales in November 2022, recording a fall of 37.13 per cent. November is the peak arrival month in Pakistan. 

The state-wise arrival report also shows the impact of floods and heavy rains in November and previous months. Cotton arrival in the Sindh province—where floods affected the most—was noted at 17,65,333 bales during August-November 2022, down 49.40 per cent compared to 34,89,102 bales in the corresponding period of last season. 

Cotton arrival was 31.63 per cent lower in Punjab, which had recorded an arrival of 25,15,167 bales in the first four months of the current season against 36,79,016 bales of the corresponding period of last year.

Fibre2Fashion News Desk (KUL)

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