Cotton production falls 37%
MG News | November 04, 2024 at 09:38 AM GMT+05:00
November 04, 2024 (MLN): Cotton arrivals in Pakistan fell 36.8% to 4.29 million bales as of November 03, 2024, as compared to 6.79m 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 2.45m bales, down 35.5% on a year-over-year basis.
Meanwhile, cotton arrivals from Punjab province, another key cotton-producing region, decreased by 38.5% to 1.84m 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.
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