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Pakistan Cotton Production Grew 81% to 6.2m in Jun-Oct

by News Desk
November 4, 2021
in Business, Economy
Reading Time: 2 mins read
Pakistan Cotton Production Grew 81% to 6.2m in Jun-Oct
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Pakistan cotton production grew to 6.2 million bales in the current season (June-Oct), recording the growth of 81.24% as compared to corresponding period last year.

According to the officials this upsurge is owed to timely rains and better incentives to the farmers from the government of Pakistan.

Total 578 ginning factories were operational in the country.

Exactly 736,721 cotton bales unsold stock was available in ginning factories.

According to Pakistan Cotton Ginners’ Association (PCGA), the Pakistan cotton production was only 3.45 million bales last year in the June-October period.

Rain timings played a huge role in the cotton output. Timely rain in September boosted the cotton harvest this year, said former PCGA Chairman, Jassu Mal Leemani.

“We expect a cumulative production of 7-7.2 million bales in current season 2021-22 and around 10 million bales in 2022-23,” said the former chairman.

In October Federal Minister for national food security & research syed fakhar imam announce that Pakistan will surely meet the yearly target of cotton production and there were also chances of exceeding the target.

"Pakistan is on course to meet or even exceed the revised cotton production target this year"

Federal Minister for National Food Security and Research Syed Fakhar Imam. https://t.co/uJuRu5J36m

— PTI (@PTIofficial) October 20, 2021

Cotton Production in 2021-2022

Punjab

According to a fortnightly report of Pakistan Cotton Ginners Association (PCGA) released on Wednesday, over 5.7 million or 57,27,461 bales have undergone the ginning process i.e converted into bales.

Cotton arrivals in Punjab were recorded at over 2.9 million or 2,935,119 bales registering a surplus of 69.83% as compared to corresponding period of last year when arrivals were recorded 1,728,285 bales. 

Sindh

Sindh generated over 3.3 million or 3,321,900 bales registering an increase of 92.67% as compared to corresponding period of last year when arrivals were recorded 1,724,097 bales.

Textile mills bought 5,504,098 bales while exporters purchased 16,200 bales and Trading Corporation of Pakistan (TCP) didn’t buy during the cotton season 2021-22.

Sanghar district of Sindh topped with cotton arrival figure of 13,02,956 bales followed by Bahawalnagar district of Punjab with 7,51,450 bales.

Tags: BalesCotton
News Desk

News Desk

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