Cotton arrivals in Pakistan decline 34%

News Image

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

Related News

Name Price/Vol %Chg/NChg
KSE100 166,553.28
727.76M
-0.47%
-793.56
ALLSHR 101,296.66
1,567.06M
-0.28%
-289.04
KSE30 50,903.27
227.71M
-0.57%
-289.80
KMI30 241,347.86
135.29M
-0.16%
-394.95
KMIALLSHR 66,524.37
778.95M
-0.27%
-179.92
BKTi 47,779.01
130.29M
-0.85%
-408.88
OGTi 32,913.20
28.90M
0.79%
259.34
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,370.00 108,675.00
107,055.00
425.00
0.39%
BRENT CRUDE 64.07 64.44
63.86
1.48
2.36%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.00
-1.23%
ROTTERDAM COAL MONTHLY 92.75 0.00
0.00
0.70
0.76%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 59.90 60.26
59.64
1.40
2.39%
SUGAR #11 WORLD 15.13 15.44
15.03
-0.11
-0.72%

Chart of the Day


Latest News
October 22, 2025 at 05:05 PM GMT+05:00

PTL posts Rs282.56m profit


October 22, 2025 at 04:53 PM GMT+05:00

MCB Bank's 9MFY25 profit declines 15.5%


October 22, 2025 at 04:35 PM GMT+05:00

PIBTL swings to Rs616.5m profit in 9M2025



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg