Cotton Arrivals shrink by 7.5 percent YoY

News Image

MG News | December 03, 2018 at 02:35 PM GMT+05:00

0:00

December 3, 2018 (MLN): Arrival of cotton at various ginneries in Pakistan, has fallen short of last year’s quantity by 765 thousand bales, marking a year-on-year decrease of 7.55%. As of December 1, 2018, the total arrival has been recorded at 9.4 million bales, according to recent figures issued by Pakistan Cotton Ginners’ Association (PCGA).

Of these, 3.9 million bales reached the ginneries in Sindh whereas 5.5 million bales arrived in the province of Punjab.

In line with the trend, arrival in both the provinces has fallen short of last year’s, as Sindh recorded 2.7% decrease while Punjab recorded nearly 11% decline.

The fortnightly flow of cotton has been recorded at 695 thousand bales, by the end of November.

Around 7.3 million bales of cotton were sold to the textile sector while exporters bought 93.6 thousand bales, by the month end.

Copyright Mettis Link news

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

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