Cotton production falls over 33%

News Image

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.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 175,285.78
248.39M
1.02%
1766.97
ALLSHR 106,536.82
578.97M
1.02%
1073.42
KSE30 52,320.98
90.24M
1.18%
611.36
KMI30 246,775.63
72.73M
0.99%
2407.71
KMIALLSHR 68,372.65
345.21M
0.84%
569.39
BKTi 49,718.24
37.75M
1.43%
700.72
OGTi 35,126.27
7.30M
0.44%
154.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,625.00 65,105.00
64,600.00
-460.00
-0.71%
BRENT CRUDE 85.32 85.49
85.14
0.37
0.44%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.25
-1.17%
ROTTERDAM COAL MONTHLY 120.00 120.00
120.00
0.65
0.54%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 80.08 80.59
79.60
0.48
0.60%
SUGAR #11 WORLD 14.86 14.99
14.71
-0.02
-0.13%

Chart of the Day


Latest News

Top 5 things to watch in this week

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