Cotton arrivals in Pakistan decline 34%

By MG News | January 20, 2025 at 11:47 AM GMT+05:00

0:00

January 20, 2025 (MLN): Cotton arrivals in Pakistan fell 34% to 5.49 million bales as of January 15, 2024, as compared to 8.25mn bales in the same period of last year, as per the latest data released by the Pakistan Cotton Ginners Association (PCGA).

The PCGA report indicates a significant decline in cotton production in 2024, negatively affecting the national economy, the textile sector, and the financial stability of farmers.

According to the breakup of the data, cotton arrivals from Sindh province stood at 2.8mn bales, down 32% on a year-over-year basis.

Meanwhile, cotton arrivals from Punjab province, another key cotton-producing region, decreased by 35% to 2.68mn bales.

Pakistan is among the top ten cotton-producing countries in the world, and cotton and textile products are among the country’s major exports. However, output still stands below expectations.

Copyright Mettis Link News

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