Cotton arrivals slump 60% as of Aug 31

News Image

MG News | September 03, 2024 at 01:01 PM GMT+05:00

0:00

September 03, 2024 (MLN): Cotton arrivals in Pakistan fell 59.7% to 1.226 million bales as of August 31, 2024, as compared to 3.041m 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 773,091 bales, down 60.8% on a year-over-year basis.

Meanwhile, cotton arrivals from Punjab province, another key cotton-producing region, decreased by 57.6% to 452,855 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 157,953.47
555.47M
1.14%
1775.65
ALLSHR 96,741.22
1,957.60M
1.16%
1110.83
KSE30 48,198.94
249.79M
1.09%
520.47
KMI30 232,694.17
290.89M
1.31%
3011.94
KMIALLSHR 65,027.13
1,019.78M
1.03%
660.37
BKTi 42,489.56
84.10M
1.35%
566.75
OGTi 31,779.36
15.21M
0.14%
43.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,605.00 117,795.00
116,905.00
-165.00
-0.14%
BRENT CRUDE 67.51 67.57
67.40
0.07
0.10%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 94.00 94.50
94.00
0.45
0.48%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.30 63.35
63.19
0.04
0.06%
SUGAR #11 WORLD 16.13 16.27
15.89
-0.14
-0.86%

Chart of the Day


Latest News
September 18, 2025 at 07:00 PM GMT+05:00

Pakistan's Forex Reserves Increase by USD 54.80 Million


September 18, 2025 at 05:59 PM GMT+05:00

Textile exports drop to $1.4bn in August


September 18, 2025 at 05:45 PM GMT+05:00

U. S. A. leads as top export destination for Pakistan in August


September 18, 2025 at 05:40 PM GMT+05:00

Pakistan's Power sector attracts net FDI of 86.5m in August



Top 5 things to watch in this week

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