Cotton production increases by 3.69pc
ISLAMABAD: The cotton production in Pakistan witnessed increase of 3.69 percent compared to last year, the Pakistan Cotton Ginners Association’s (PCGA) fortnightly report revealed.
PCGA’s report showed that around 1,33,91,694 cotton bales were sourced to the country's ginners by May 1, 2014, which was 1,29,15,585 bales during the same time period of last year.
PCGA Chairman Mukhtar Ahmed Khan Baloch briefed journalists about seed-cotton (phutti) arrivals, sales and unsold stock of cotton.
He said that 1,25,84,496 cotton bales were sold to textile units and exporters bought 3,99,382 bales. Thus, overall 1,29,83,878 bales were traded so far.
He said the PCGA was following the production target of Pakistan Central Cotton Committee.
Mukhtar Baloch said that total 12 (11 in Punjab and 1 in Sindh) out of 1,200 ginning factories were operational in two provinces.
The chairman of PCGA said that Punjab contributed 96,31,362 bales which 1.29 percent more than last year when Punjab contributed 95,08,418 bales, Sindh contributed 37,60,332 bales which 10.37 percent more than last year when it contributed 34,07,167 bales and Balochistan 63,048 bales.