MULTAN – The arrivals of cotton at ginning factories across the country till January 31, 2018 registered 7.51 per cent increase compared to corresponding period last year, disclosed a fortnightly cotton arrival report released by Pakistan Cotton Ginners’ Association (PCGA) here on Saturday.
The report revealed that over 11.432 million bales of cotton arrived at various ginneries in Pakistan as on January 31, compared to 10.634 million bales during the corresponding period of last season. The report pointed out that the cotton arrivals in Punjab increased by 4.84 per cent while in Sindh cottonarrivals increased by 12.34 per cent.
Of the total arrivals of 11.432 million bales at various ginneries in Pakistan, 11.432 million bales were pressed by ginners, of which 10.434 million bales were sold, leaving an unsold stock of 9,97,937 bales with the ginners, as on January 31st, according to the data. The textile mills in country consumed 1,02,18,322 million bales, while another 2,16,615 bales of cotton were sold to exporters.
Ginneries in Punjab recorded arrival of 71,81,153 bales against the last year arrival of 68,49,887 bales. Sindh ginneries recorded arrival of 42,51.721 bales while last year Sindh received 37,84,740 bales. Textile mills bought 1,02,18,322 bales while exporters bought 2,16,615 bales. The total bales sold out so far were calculated at 1,04,34,,937 bales.
While 9,97,937 bales are lying unsold because some ginners are waiting for higher prices of cotton in market.
The break-up shows that Multan received 2,82,342 bales, 3.97% decrease than last year, Lodhran 1,68,363 bales, 12.14% decrease, Khanewal 7,01,642 bales, an increase of 21.39%, Muzaffargarh 3,62,176 bales, an increase of 11.45%, Dera Ghazi Khan 4,36,513, an increase of 26.83%, Rajanpur 4,47,244 bales, 34.18 % increase, Layyah 2,94,084 bales, 5.86% increase, Vehari 5,78,481 bales, 52.38% increase, Sahiwal 2,71,221 bales, 27.38% more than last year, Pakpattan 39,130 bales, 6.52% decrease, Okara 15,775 bales, 17.35% down, Toba Tek Singh 1,74,882 bales, 9.22% increase, Faisalabad 36,549 bales, 0.33% less than last year, Jhang 21,232, showing a decrease of 29.83%, Mianwali 2,06,219, a decrease of 24.94%, Bhakkar 85,097, up 35.88%, Sargodha 7,293, 25.94% decrease, Rahimyar Khan 10,67,501 bales, 7.38% decrease, Bahawalpur 10,03,078, an increase of 2.89%, and Bahawalnagar 9,73,995 bales, a decrease of 17.96%.
In Sindh, Hyderabad received 2,51,684 bales, 10.64% more than last year, Mirpur Khas (Thar) 2,21,367 bales, 18.20% less, Sangarh13,82,037 bales, 12.56% increase, Nawabshah 3,48,299 bales, 5.92 % increase, Naushero Feroze 3,73,675 bales, 9.92% increase, Khairpur 3,35,916, 16.49% increase, Ghotki 3,83,951, 28.29% increase, Sukkur 6,15,671, 16.31% increase, Dadu 68,636, 54.77% increase, Jamshoro 1,30,110 bales, 17.85% more, Badeen 17,335 bales, 35.86% less, and Balochistan received 1,16,700 bales, up 52.45%.
Total 189 ginning factories are operational in the country. Of them, 326 are in Punjab and 150 in Sindh. Total 9,97,937 bales are lying in unsold stock.