Cotton arrivals slump 49% as of Aug 15

MG News | August 19, 2024 at 11:32 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

August 19, 2024 (MLN): Cotton arrivals in Pakistan fell 49.2% to 1.075 million bales as of August 15, 2024, as compared to 2.115m bales in the same period of last year, as per the latest data released by the Pakistan Cotton Ginners Association (PCGA).

According to the breakup of the data, cotton arrivals from Sindh province stood at 682,292 bales, down 53.9% on a YoY basis.

Meanwhile, cotton arrivals from Punjab province, another key cotton-producing region, decreased by 38.3% YoY to 392,736 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	175,328.82 259.37M	0.23% 399.13
ALLSHR	106,442.83 871.95M	0.22% 236.26
KSE30	52,294.83 70.59M	0.21% 109.76
KMI30	250,239.14 117.86M	0.27% 676.97
KMIALLSHR	68,844.23 590.83M	0.27% 185.40
BKTi	49,072.93 17.11M	0.20% 97.65
OGTi	35,769.80 17.60M	0.71% 253.52

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,160.00	80,365.00 79,700.00	105.00 0.13%
BRENT CRUDE	95.85	96.57 93.15	0.33 0.35%
RICHARDS BAY COAL MONTHLY	126.75	0.00 0.00	1.10 0.88%
ROTTERDAM COAL MONTHLY	138.45	138.45 136.80	2.75 2.03%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	91.22	92.17 88.72	-0.08 -0.09%
SUGAR #11 WORLD	18.02	18.48 17.92	-0.05 -0.28%