Cotton arrivals slump 60% as of Aug 31

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	158,313.45 348.26M	2.82% 4347.08
ALLSHR	94,665.78 608.29M	2.55% 2350.15
KSE30	48,079.56 150.27M	2.96% 1383.03
KMI30	229,679.86 136.21M	3.32% 7386.98
KMIALLSHR	61,793.47 317.51M	2.97% 1784.00
BKTi	43,251.31 41.61M	3.03% 1273.29
OGTi	33,013.13 14.41M	2.67% 858.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,690.00	71,595.00 70,640.00	-170.00 -0.24%
BRENT CRUDE	103.98	104.12 102.75	1.76 1.72%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.10 -9.22%
ROTTERDAM COAL MONTHLY	118.45	118.45 118.45	0.30 0.25%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	91.80	92.10 90.71	1.48 1.64%
SUGAR #11 WORLD	15.53	15.83 15.32	-0.35 -2.20%