News Tags

Related Keywords: Cotton crop for the current fiscal year, during this season decline, fall below target, government needs to import, impose ban on import of cotton, increase cotton production, inferior inputs lowering yield, Pakistan Cotton Ginners Association, Pakistan cotton production, provide quality seeds to growers, till the next arrival of the crop

Pakistan’s cotton production during this season to March 1 has decline by 33.85 percent to 9.727 million bales due to pest attacks, inferior inputs and lowering yields which continues to hit the crop. In the same period of last year, it produced 14.705 million bales.

According Pakistan Cotton Ginners Association (PCGA) figures issued on Thursday, cotton output reduced to 5.951 million bales in Punjab from 10.741 million bales harvested a year earlier. Sindh’s production dropped marginally to 3.766 million bales, compared with 3.964 million bales last year.

Related Keywords: agricultural sector, cotton bales, custom duty, Ginners, hit domestic industry, import of cotton from India, local farmers, must continue for survival, opposes waiving off regulatory duty, Pakistan Cotton Ginners Association, Sales tax

Pakistan Cotton Ginners Association (PCGA) has strongly demanded that regulatory duty, sales tax and customs duty on the import of cotton from India should not be waived off and it must continue for the survival of local farmers as well as ginners.

The PCGA Chairman Nawab Shehzad Ali Khan said that Cotton economy was passing through the worst crisis of the history and they should avoid to benefit any stake holder at the cost of national economy and Prime Minister Nawaz Sharif should take notice of such proposals personally.

Related Keywords: cotton arrivals, cotton crop, cotton ginneries across Pakistan, cotton growers in Pakistan, cotton output, cotton production of Pakistan, crude oil prices, Pakistan Cotton Ginners Association, Pakistan’s textile exports, Punjab ginneries, seed cotton arrival, Textile Industry

According to the report issued by the Pakistan Cotton Ginners Association on Monday, Seed cotton (Phutti) equivalent to 9.475 million tonnes or 9,475,729 bales have reached ginneries across Pakistan as of January 15, 2016 registering a shortfall of 33.5 per cent compared to 14.251m bales a year earlier.

This shortfall would inflict a loss of around $6 billion on GDP — of which $1.5bn would be suffered by cotton growers and $4.5bn by the industry and exporters, experts say.

Related Keywords: additional shortall of bales, Brazil US and South Africa, buying cotton India, CCAC, damaged crop, face financial issues, halved workload at factories, low production of phutti, Pakistan cotton crop, Pakistan Cotton Ginners Association, pest attack and attack of different viruses, revised initial target set, Textile mills

The Pakistan government has so far revised down its crop estimate almost by 30 percent this year from an initial target of 15.4 million bales set in February. Local cotton demand is estimated at 15.5 million bales this year. The latest estimate suggests the crop size will not exceed 10.8 million bales (of 170 kilogram) from 11.4 million bales forecasted last month. The Cotton Crop Assessment Committee (CCAC), in a meeting held earlier this week, sees additional shortfall of 600,000 bales this crop season.

Related Keywords: cotton bales, cotton bales lying in unsold stock, ginning factories, Pakistan Cotton Ginners Association, Pakistan ginneries, seed cotton, Textile mills, witness drop in cotton arrival

Ginneries across Pakistan as of December 1st have received seed cotton (phutti) equivalent to over 86,31,933 bacles of cotton which shows a decrease of 28.93 percent compared to corresponding period last year when ginneries received 1,21,45,705 bales according to the 7th fortnightly report of Pakistan Cotton Ginners Association (PCGA) issued on figures of cotton arrival up to December 1st, 2015 on Thursday.

Related Keywords: converted into bales, Pakistan Cotton Ginners Association, Pakistani ginneries, phutti short, received seed cotton, stock lying unsold, Textile mills, total arrival

Pakistani ginneries across Pakistan have received seed cotton (Phutti) equivalent to over 30,73,325 bales as of October 1, showing a decrease of 25.68 percent compared to corresponding period last year when ginneries received 41,35,096 bales, according to figures issued by Pakistan Cotton Ginners Association (PCGA).

According to the third fortnightly report of Pakistan Cotton Ginners Association (PCGA) issued on Sunday, out of the total arrivals, 3.07 million bales of cotton have been converted into bales so far.

Related Keywords: decline in cotton arrival, exporters, Pakistan Cotton Ginners Association, Pakistan ginneries, seed cotton, Textile mills

Seed cotton (Phutti) equivalent to over 1,339,990 bales of cotton have reached ginneries across Pakistan as of September 1 showing 23.96 percent decline compared to corresponding period last year when ginneries received 1,762,282 bales, according to figures of cotton arrival up to September 1 issued by Pakistan Cotton Ginners Association (PCGA).

Related Keywords: decline in arrivals of seed cotton, Domestic textile activity, gain speed, ginning factories, kapas, Pakistan cotton crop, Pakistan Cotton Ginners Association, Pakistan cotton market, ready cotton business, seedcotton price, stable and steady condition, yarn price

Cotton market in Pakistan witnessed stable and steady condition over decline reported in the arrivals of seedcotton (Kapas /Phutti) into the ginning factories over the last week or ten days. However, early next week, with the pick up of seedcotton arrivals, market to resume normal pace due to which both in Sindh and Punjab the ginning operation will also gain speed, as per traders.

Related Keywords: APTMA, Better Cotton Initiative, decreasing cotton stock, domestic marekt, kapas, Karachi Cotton Association, Pakistan Cotton Ginners Association, Pakistan cotton market, ready cotton sales, rising cotton prices, seed cotton, unsold cotton

The rising cotton prices which had mind- numbing effects on the Pakistan market last week continue to remain fixed in the wake of the fact that the domestic market is left with only 200,00 bales of unsold cotton.

For whatever minimal quantity of seed cotton (kapas / phutti) prices in Sindh were quoted between Rs 2,000 and Rs 2,600 per 40 kgs, according to the quality, while in the Punjab they were quoted between Rs 2,400 to Rs 3,100 per 40 kilogrammes in a firming market.

Related Keywords: cotton production, entire plantation season, favourable weather, higher cotton production, limited stock, meet industry demand, Pakistan Cotton Ginners Association, phutti, seed cotton report, this season in Pakistan, witnessed growth

This season cotton production of Pakistan has witnessed growth by 11 percent to 14.871 million bales compared to 13.391m bales a year earlier. Punjab produced 10.896m bales, showing a rise of 13.14pc over 9.631m bales last season, according to Pakistan Cotton Ginners Association’s (PCGA) final phutti (seed cotton) report for the current season.

But Sindh recorded a growth of only 5.7pc in cotton production at 3.974m bales as against 3.76m bales produced last season (2013-14).