Cotton production falls over 33%
MG News | December 03, 2024 at 12:57 PM GMT+05:00
December 03, 2024 (MLN): Cotton arrivals in Pakistan fell 33.05% to 5.19 million bales as of November 30, 2024, as compared to 7.75m 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 2.73m bales, down 32.01% on a year-over-year basis.
Meanwhile, cotton arrivals from Punjab province, another key cotton-producing region, decreased by 34.18% to 2.46m 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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