Cotton arrivals reach 3.04m bales as on August 31

News Image

By MG News | September 04, 2023 at 05:00 PM GMT+05:00

0:00

September 04, 2023 (MLN): Cotton arrivals in Pakistan have reached 3.041 million bales as of August 31, 2023, data released by the Pakistan Cotton Ginners Association (PCGA) on Monday showed.

The total cotton arrivals have increased by 97.51% YoY compared to 1.54m bales in the Same Period Last Year (SPLY).

In comparison to the data for August 15, in which the total arrivals were 2.12 million bales, cotton arrivals increased by 43.8%.

According to the PCGA, cotton arrivals from Sindh province, which is a major cotton-producing region, rose by 2.36x YoY to 1.972m bales.

When compared to the data issued earlier on August 15, in which the arrivals from Sindh province stood at 1.48 million bales, there has been an increase of 33.4%.

Meanwhile, cotton arrivals from Punjab province, another key cotton-producing region, increased by 51.82% YoY to 1.07m bales.

The number of 1.07 million bales marks a 67.9% increase compared to the 636,684 bales reported two weeks earlier.

Pakistan is among the top ten cotton-producing countries in the world, and cotton and textile products are among the country’s major exports.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,285.00 110,525.00
109,125.00
-1130.00
-1.02%
BRENT CRUDE 68.19 68.89
67.75
-0.61
-0.89%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 105.90 105.90
105.85
-2.30
-2.13%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.39 67.18
66.04
-0.61
-0.91%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 04, 2025 at 05:21 PM GMT+05:00

PSX Closing Bell: Singin’ in the Rain


July 04, 2025 at 04:58 PM GMT+05:00

Pakistan, Azerbaijan vow to deepen economic ties


July 04, 2025 at 04:40 PM GMT+05:00

PKR falls 10 paisa against USD


July 04, 2025 at 04:27 PM GMT+05:00

UDPL attributes filing delay to internal issues



Top 5 things to watch in this week

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