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Related Keywords: cotton arrival position, cotton crop, cotton production, extra long staple cotton, ginning factories, Karachi Cotton Association, Pakistan cotton industry, trading cotton

The Cotton Crop Assessment Committee (CCAC) at the meeting held on Monday assessed cotton crop size for the season 2014-15 at 13.4885 million bales. They have agreed to maintain the cotton crop size for 2014-15 in Punjab at 9.902m bales, Sindh at 3.48m bales, Khyber Pakhtunkhwa at 0.0015m bales and Balochistan at 0.1070m bales, respectively.

Cotton Commissioner Dr Khalid Abdullah informed the meeting about cotton crop condition and status of cotton arrival position in ginning factories. The major obstacles in achieving cotton production targest were climate and seed quality issues.

Related Keywords: APTMA, BCI, BCI’s Strategic Plan, Better Cotton Initiative, consumption of BCI cotton, global cotton production, increase market access, MoU, Pakistan cotton industry, textile products

To improve the quality of cotton production in Pakistan, the All Pakistan Textile Mills Association (Aptma) has signed a Memorandum of Understanding (MoU) with Better Cotton Initiative (BCI) on Friday. The MoU will supplement the efforts for mainstreaming production and consumption of BCI cotton in Pakistan.

The initiative also aims in achieving sustainability targets and increase the market access for textile products from Pakistan.

Aptma will be the Programme Promoting Agency within Pakistan to promote the initiative in line with the BCI’s Strategic Plan for the country.

Related Keywords: Abbas Khan Afridi, cotton farmers, cotton yarn imports, ECC, Minister for textile and industry, Pakistan cotton industry, TCP, textile package

The Pakistan government has announced Rs 3,000 per 40 kilograms support price of cotton. This was informed by Minister for Textile and Industry Abbas Khan Afridi on Wednesday at the National Assembly.

Also, Trading Corporation of Pakistan (TCP) has been directed to purchase the cotton from the farmers. The Minister said that the government was committed to protect the interest of the farmers and TCP had started to purchase cotton from the farmers.

Related Keywords: cotton farmers, Cotton market, cotton prices, international cotton price, Pakistan Cotton Ginners Association, Pakistan cotton industry, phutti, price stability, Sindh region

Pakistan cotton prices ranged between Rs2,600 to Rs2,800 only for a brief period last month in lower Sindh region due to early picking and peaked at Rs3,200. After that the cotton prices continued to decline in Sindh while the picking of the crop would end latest by early next month.

Farmers get Rs2,400 per 40kg whether they sell phutti to middlemen or ginners directly. A major chunk of crop has been sold, and by mid October the remainder will be cleared by peasants in upper Sindh region which witnesses late sowing.

Related Keywords: cotton arrival, cotton bales, cotton production, ginning factories, Pakistan Cotton Ginners Association, Pakistan cotton industry

This year the cotton arrival in Pakistan market has shown an increase of 4.73 percent. Around 2,750,563 cotton bales were sourced to the country's ginners by September 15th, according to Pakistan Cotton Ginners Association (PCGA) fortnightly report.

Cotton trading remained firm amid strong physical price and higher cottonseed prices.

Related Keywords: 5.67 million acres of land, cotton bales, cotton grower, cotton sowing, Pakistan cotton industry, Punjab region

This season with Punjab managing to sow cotton on 5.67 million acres of land that is more than 227,000 acres from last year is now looking ahead to getting closer to 10 million cotton bales out of it.
 
Of the total area, 13 per cent was sown what is termed as early crop. The rest 87 per cent was sown after May 15 – regular sowing period for the crop.
 

Related Keywords: cotton trading, Mills, new crop, Pakistan cotton industry, Pakistan cotton market, Spinners

With mills and spinners taking interest in fresh deals little improvement was witnessed on Wednesday in the trading activity at the Pakistan cotton markets.
 
While there was no change seen in the official spot rate at Rs 6,300, the prices of seed cotton from Sindh was at Rs 3300 and Rs 3350, and in the Punjab rates jumped by Rs 100 to Rs 3400 and Rs 3350.
 

Related Keywords: APTMA, BCI cotton, Better Cotton Initiative, Export development fund, Pakistan cotton industry, textile export

Pakistan with around 163000 metric tonnes of cotton grown and processed with Better Cotton Initiative (BCI) is Textile industry is currently the leading producer of BCI cotton and is planning to further, undertake an initiative to broad-base the Better Cotton Initiative (BCI) cotton production. In order to make the initiative sustainable and expand it to maximum areas of cotton production is preparing a proposal to the Ministry of textile Industry for funding the project from the Export Development Fund (EDF).

Related Keywords: cotton target, Pakistan cotton industry

Pakistan government decides to increase its cotton target by 2.86 million bales keeping in view of crop size. Now the revised cotton target is fixed at 15.19 million from the area of 3.128 million hectors for the season 2014-15.

With the aim of invigorating the Pakistan Central Cotton Committee, the decision to reset the cotton target for the season 2014-15 was agreed by the Federal Committee on Cotton agreed to this decision

Related Keywords: Pakistan cotton industry

Low participation of spinning mill-owners in cotton trading continues waiting for a decline in cotton price had kept the cotton trading turnover at low.

Traders exchanged mere 4,863 bales (of 155 kilogram each) at Rs5,800 to Rs7,050 per maund as compared to 6,140 bales traded at Rs6,700 to Rs7,050 per maund a day ago, according to Karachi Cotton Association.

The Karachi Cotton Association on Thursday fixed the official spot rate or base price for Grade 3 cotton at 7,395 rupees per maund (40 kg).