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Pakistan's 2016-17 cotton output surpasses last season
05
Dec '16
Cotton output in Pakistan during 2016-17 season has already surpassed the total amount produced in the previous season. Ginneries in Pakistan have received 9.778 million bales of cotton by December 1, 2016, compared to the total arrival of 9.768 million bales in the previous season, according to the Pakistan Cotton Ginners' Association (PCGA).

By December 1, 2016, cotton received at ginneries in Pakistan show an 13.28 per cent year-on-year increase over arrival of 8.631 million bales during the corresponding period of last season, according to the fortnightly report on cotton arrivals, prepared by the PCGA, in joint cooperation with All Pakistan Textile Mills Association (APTMA) and the Karachi Cotton Association (KCA).

In the major cotton producing province of Punjab, total cotton arrivals increased by 20.69 per cent year-on-year to 6.158 million bales, according to the data. While in Sindh province, cotton arrivals increased 2.57 per cent to 3.619 million bales as on December 1 during the ongoing cotton season 2016-17.

Of the total arrival of 9.778 million bales at various ginneries in Pakistan, 8.900 million bales were pressed by ginners, of which 7.868 million bales were sold, leaving an unsold stock of 1.031 million bales with the ginners, as on December 1.

The textile mills in Pakistan consumed 7.683 million bales, while another 184,944 bales of cotton were sold to exporters, according to the data. The Trading Corporation of Pakistan (TCP) has not procured any bale of cotton so far this season.

As of December 1, a total of 566 ginning factories were operational in Punjab compared to 691 ginneries that were operational during the same time last season. Similarly, 222 ginning units were operational in the Sindh region, compared to 228 operating units during the corresponding period last year.

In 2015-16 cotton season, Pakistan's cotton output decreased by 34.28 per cent to 9.768 million bales, compared to the previous season's production of 14.871 million bales. (RKS)

Fibre2Fashion News Desk – India


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