Government revises down Cotton production target to 10.02 mln bales

MG News | October 04, 2019 at 05:31 PM GMT+05:00

0:00

October 04, 2019: (MLN): The Cotton Crop Assessment Committee (CCAC) has revised down cotton production target for the running season by almost 24% to touch 10.02 million bales against the initial target of 13.34 million bales. The change in weather, heat and pest attack has led to lowering of the cotton production.

The cotton crop size for Punjab is now projected at 6.2 million bales, followed by Sindh with 3.9 million bales.

Last year, total cotton production stood at 10.77 million bales, of which Punjab produced 6.6 million bales, while Sindh produced 4.1 million bales.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,960.65 392.43M	0.97% 1646.79
ALLSHR	103,659.28 947.75M	0.62% 643.69
KSE30	52,557.52 150.39M	1.36% 703.46
KMI30	245,023.89 112.16M	1.14% 2764.20
KMIALLSHR	67,064.35 524.22M	0.51% 340.18
BKTi	47,590.36 57.61M	1.56% 728.93
OGTi	33,487.27 7.87M	-0.38% -127.99

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,445.00	87,605.00 85,930.00	1480.00 1.72%
BRENT CRUDE	59.69	60.67 59.63	0.01 0.02%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	2.30 2.59%
ROTTERDAM COAL MONTHLY	97.50	97.50 97.50	0.75 0.78%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	55.87	56.85 55.81	0.06 0.11%
SUGAR #11 WORLD	14.61	14.80 14.59	-0.15 -1.02%