Pakistan's cotton arrival down 35.81% in Aug-Jan '23; rises in January

Cotton arrival in Pakistan declined by 35.81 per cent in the first six months of the current marketing year 2022-23 (August to July) compared to the same period in the previous marketing season. The decrease is mainly due to heavy rains and floods in the main cotton-producing states last year that affected the current marketing season's crop. 

Cotton arrival was 47,14,101 bales of 170 kg in August-January 2023, down 26,57,308 bales compared to 74,20,917 bales in the same period last year, according to a report on cotton arrival in factories of Pakistan as of February 1, 2023, released by the Pakistan Cotton Ginners Association (PCGA). 

However, the arrival increased by 105.29 per cent year-on-year (YoY) in January 2023. The arrival rose from 73,513 bales in January 2022 to 150,922 bales in January 2023. January was a slower month for cotton arrival in Pakistan. 

The state-wise accumulated arrival also highlights the impact of floods and heavy rains until December. Cotton arrival in Sindh province, where floods had the greatest impact, was recorded at 18,610,18 bales during August to January 2023, a decrease of 46.74 per cent compared to 35,122,31 bales in the corresponding period of the previous season. 

In Punjab, cotton arrival was 25.98 per cent lower, with an arrival of 18,610,18 bales in the first six months of the current season compared to 39,086,86 bales in the corresponding period of the previous season. 

Fibre2Fashion News Desk (KUL)