Home / Knowledge / News / Textiles / TCP to re-start lifting of cotton from ginners
TCP to re-start lifting of cotton from ginners
18
Dec '08
A meeting of the Trading Corporation of Pakistan (TCP), Pakistan Cotton Ginners Association (PCGA) and stakeholders was held and a decision to immediately start the delayed lifting of around one million cotton bales within a period of two days was taken.

To get an idea of what transpired at the meeting, fibre2fashion.com spoke to the Chairman of PCGA, Mr Chaudhry Muhammad Akram Jatt for his reaction. He said, “A meeting took place on December 15 with Chairman of TCP, where other persons were also present such as General Manager purchase TCP and Finance Manager TCP. It was decided that lifting of cotton would begin from December 16 at a price of Rs 32.02 per maund.”

He added by saying that, “Cotton ginners will dispatch their cotton to the warehouses of TCP, where an official from TCP will issue a receipt to the regional office & the cotton ginners would receive payment within four days. TCP has been given a target of lifting 1 million bales within 30 days.

The cotton ginners have been demanding for long market intervention by the state and finally the government seems to have relented to the same.

Fibre2fashion News Desk - India


Must ReadView All

European Union offers UK more time to leave bloc

Textiles | On 22nd Mar 2019

European Union offers UK more time to leave bloc

Prime Minister Theresa May has been offered two weeks’ Brexit...

Introduction of Trade Act is unacceptable: AmCham Cambodia

Textiles | On 22nd Mar 2019

Introduction of Trade Act is unacceptable: AmCham Cambodia

The American Chamber of Commerce (AmCham) Cambodia is deeply...

Indian e-com, consumer internet firms raise $7 bn in PE-VC

Apparel/Garments | On 22nd Mar 2019

Indian e-com, consumer internet firms raise $7 bn in PE-VC

Indian e-commerce and consumer internet companies have raised over $7 ...

Interviews View All

Rajiv Sirohi, Shara

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Top executives, Textile industry

Top executives
Textile industry

The new deal is better than NAFTA for the US textile industry

Nitin Bhatia, Trend Arrest

Nitin Bhatia
Trend Arrest

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

Rajat Jaipuria,

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Lucilla Booyzen,

Lucilla Booyzen

South African Fashion Week (SAFW) is a B2B marketing platform for fashion, ...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

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

Leave your Comments


March 2019

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

news category


Related Categories:

Advanced Search