9.72m cotton bales reach ginneries across Pakistan

Multan—Seed cotton (Phutti) equivalent to 9.72 million or 9,727,771 bales have reached ginneries across Pakistan till March 1, 2016 registering a shortfall of 33.85 per cent compared to corresponding period of last year. According to a fortnightly report of Pakistan Cotton Ginners Association issued here Thursday, out of total arrivals, Phutti equivalent to 9,712,065 or 9.71m bales has undergone the ginning process. The arrivals at Punjab ginneries was recorded at over 5.96 million or 5,961,734 bales recording a percentage decrease of 44.50 per cent compared to corresponding period of last year. Arrivals at ginneries in Sindh was recorded at 3.766 million or 3,766,037 bales showing a percentage decrease of exactly 5.0 per cent. Textile Mills have purchased 8.54 million or 8,546,660 bales while exporters have bought 361,241 bales. Total sold out bales were calculated at 8.9m or 8,907,901 bales.
Exactly 819,870 bales were still lying with the ginneries as the unsold stock, the report said. The statistics show that all the 21 cotton producing district of Punjab and seven out of eleven from Sindh suffered reduction in cotton production. In Punjab districts, cotton production showed reduction from 20.59 to 73.84 per cent and in Sindh, it remained between 0.36 to 42.15pc. The districts in Sindh where cotton shortfall was observed included Hyderabad, Mirpur Khas, Sanghar, Dadu, Nawab Shah, Badin and Jamshoro. Remaining four districts of Sindh including Naushero Feroze, Khairpur, Ghotki, and Sukkur showed increase in production from 7.93 to 41.74pc. Despite overall production downfall and registering production lower by 10.64 per cent, the district Sanghar maintained its top position up till now as over 1.34m or 1,346,564 bales have reached ginneries in the district till Mar 1, 2016.—APP

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