Cotton arrival at Pakistan ginneries up 32% in 2021-22
As the 2021-22 cotton marketing season comes to a close, 7.441 million bales of cotton have arrived at various ginneries in Pakistan, as on March 1, up 32 per cent compared to arrival of 5.637 million bales during the corresponding period of last season, according to the final fortnightly report on cotton arrivals for the season, released by Pakistan Cotton Ginners’ Association (PCGA).
In the major cotton producing province of Punjab, total cotton arrivals increased by 12.20 per cent year-on-year to 3.928 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 were up 64.46 per cent to 3.513 million bales as on March 1.
Of the total arrival of 7.441 million bales at various ginneries in Pakistan, 7.440 million bales were pressed by ginners, of which 7.348 million bales were sold, leaving an unsold stock of 92,569 bales with the ginners, as on March 1, according to the PCGA report.
The textile mills in Pakistan consumed 7.332 million bales, while another 16,000 bales of cotton were sold to exporters, according to the data. The Trading Corporation of Pakistan (TCP) did not procure any bale of cotton this season.
As of March 1, only 7 ginning factories were operational in Punjab compared to 22 ginneries that were operational during the same time last season. Similarly, just 1 ginning units was operational in the Sindh region, compared to zero operating units during the corresponding period last year.
In the previous cotton season 2020-21, Pakistan had produced around 5.645 million bales of cotton, much lower than 8.571 million bales in the previous season, due to water shortage and attacks by cotton leaf curl virus (CLCV) and other pests.