Over 5.493 million bales of cotton have arrived in 2020-21 season at various ginneries in Pakistan, as on January 15, 2021, down 34.12 per cent compared to arrival of 8.338 million bales during the corresponding period of last season, according to the latest fortnightly report on cotton arrivals, released by Pakistan Cotton Ginners’ Association (PCGA).
In the major cotton
producing province of Punjab, total cotton arrivals decreased by 30.88 per cent
year-on-year to 3.366 million bales, according to the report prepared by PCGA,
in joint cooperation with All Pakistan Textile Mills Association (APTMA) and
the Karachi Cotton Association (KCA). While in Sindh province, cotton arrivals
decreased 38.67 per cent to 2.126 million bales as on January 15 during the
ongoing cotton season 2020-21.
Of the total arrival
of 5.493 million bales at various ginneries in Pakistan, 5.399 million bales
were pressed by ginners, of which 4.907 million bales were sold, leaving an
unsold stock of 491,231 bales with the ginners, as on January 15, according to
the PCGA report.
The textile mills in
Pakistan consumed 4.837 million bales, while another 70,200 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 January 15, a
total of 150 ginning factories were operational in Punjab compared to 208
ginneries that were operational during the same time last season. Similarly, 16
ginning units were operational in the Sindh region, compared to 24 operating
units during the corresponding period last year.
In the previous cotton
season 2019-20, Pakistan had produced around 8.571 million bales of cotton.
However, cotton production is estimated to remain lower this season due to
water shortage and attacks by cotton leaf curl virus (CLCV) and other pests.
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