Cotton Production Reaches all-time High Level
The country's cotton production reached an all-time high level of 14.81
million bales on May 1, 2012 showing an increase of 26.63 per cent breaking
the previous high record of 14.31 million bales in 2004-05, said Pakistan
Cotton Ginners Association while releasing the final figures of cotton
arrival, on Thursday.
The textile mills also purchased record volumes as they piled up more than
13.43 million bales out of the total of 14.81 million bales.
Ginners Association (PCGA) on Thursday noon.The report further reveals that
around 14.81 million cotton bales have been sourced to the country's ginners
by May 1, 2012 as revealed by the report, there has been a 26.63 per cent
increase in the quantum of cotton reaching the ginners by 1st May, as compared
to the 11.69 million bales of cotton that reached the ginners during the same
period last year.Briefing to newsmen about the cotton arrival here on
Thursday, the PCGA chairman Amanullah Qureshi said that 13.43 million cotton
bales were sold to the textile units, exporters bought some 1,100,770 bales.
Thus, overall 14.53 million bales have been traded till now, without TCP
participating in the trading activity so far.The PCGA chairman added that
there are 277,562 bales, which still remain to be sold.
Qureshi said that increase of cotton arrival was 26.63 per cent.
He said total 14,813,778 bales of cotton were received during this season.
It was 3,115,613 bales more than last year showing an increase of 26.63
percent in the production in spite of unfair weather, flood, diseases and pest
attacks in Sindh and monsoon rains in Punjab.While 143,441 bales were received
during last fortnight from April 1 to May 1 ,2012.
He said that total 24 ginning factories are operational in Sindh and Punjab.
Recent floods had badly hit the cotton crop in the districts of Hyderabad,
Nawabshah, Dadu, Mirpurkhas, Sangarh and other areas of Sindh.They said that
43.49 per cent cotton was destroyed in Hyderabad, 54.54 per cent in Mirpurkhas,
50.36 per cent in Sangarh, 42.69 per cent in Nawabshah, 5.77 per cent
increased in Naushehro Feroze, 2.65 per cent in Khairpur, 57.13 per cent
decreased in Dadu and 100 per cent increased in Jamshoro, 155 per cent
increased in Balochistan.The report reveals an increase of 57.54 per cent in
Multan, 82.74 per cent cotton in Lodhran district, 58.34 per cent in Khanewal,
124.68 per cent in Muzaffargarh, 42.95 per cent in Dera Ghazi Khan, 139.35 per
cent in Rajanpur, Layyah 64.37 per cent, 42.65 per cent in Vehari, 41.15 in
Sahiwal, Pakpattan 30.70 per cent, 437.80 per cent in Kasur, Okara 19.96 per
cent, 45.96 per cent in Toba Tek Singh, 19.24 per cent in Faisalabad, Jhang
64.01 per cent, 102.52 per cent in Mianwali, 86.16 per cent in Bhakkar, and
32.76 per cent in Sargodha, Rahimyar Khan 42.66 per cent, Bahawalpur 40.66 per
cent, Bahawalnagar 40.62 per cent.The unsold stock is 277,562 bales, which is
more than that of last year, when unsold stock was 219,955.
Chairman of Pakistan Cotton Ginners Association (PCGA) said that Punjab
contributed 12,132,080 bales last year, it contributed 7,904,247 bales showing
an increase of 53.49 percent.
Similarly Sindh contributed 2,681,299 bales against the last year production
of 3,793,918 bales showing a decrease of 29.39 per cent and Balochistan 61,500
District-wise production data showed that Multan contributed 700,893 bales,
Lodhran 480,108 bales, Khanewal 1,207,017 bales, Muzaffargarh 541.533 bales,
Dera Ghazi Khan 438,353 bales, Rajanpur 491,439 bales, Layyah 295,135 bales,
Vehari 1,114,362 bales, Sahiwal 759,184 bales, Pakpattan 352,397 bales, Okara
62,450 bales, Kasur 44,100 bales, Toba Tek Singh 410,777 bales, Faisalabad
138,995 bales, Jhang 261,808 bales, Mianwali 363,234 bales, Bhakkar 175,408
bales, Sargodha 54,500, Rahim Yar Khan 1,518,515 bales, Bahawalpur 1,288,873
bales, and Bahawalnagar 1,430,203 bales.
Sindh's district-wise production figures were: Hyderabad 204,961 bales,
Mirpurkhas 181,021 bales, Sanghar 789,602 bales, Nawabshah 200,111 bales,
Naushero Feroze 205,683, Khairpur 214,062 bales, Ghotki 300,810 bales, Sukkur
344,525 bales, and Dadu 50,967 bales, Jamshoro 87,794, Badin
27,832.Balochistan added 61,500 bales to the total.
PCGA claimed that 2 million bales were destroyed in the floods in Sindh.
Policy-makers may hope that bumper cotton crop will help the government make
deficiency in other areas, taking the annual growth rates to over 7 per cent.
The chairman PCGA reiterated demand to the government to announce relief and
bail out package for 250 cotton ginning factories of flood-hit areas.
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