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.
