December 18, 2023 (MLN): Cotton arrivals in Pakistan reached 8.024 million bales as of December 15, 2023, the latest data released by the Pakistan Cotton Ginners Association (PCGA) showed.
In comparison to the data for December 03, in which the total arrivals were 7.37m bales, cotton arrivals have increased by 3.49% or 270,234.
According to the PCGA, cotton arrivals from Sindh province, a major cotton-producing region, increased by 1.25% compared to the data from December 03, reaching 4.07m bales.
Meanwhile, cotton arrivals from Punjab province, another key cotton-producing region, increased by 5.89% to 3.96m bales.
The data released further showed that textile companies bought 7.084m bales while exporters bought 289,000 bales.
Moreover, there are currently 302 ginning factories operating in the industry.
It is important to highlight that the data for arrivals on December 15, 2022, was not collected by the association. As a result, a year-on-year comparison is not applicable.
Pakistan is among the top ten cotton-producing countries in the world, and cotton and textile products are among the country’s major exports.
