Pakistan’s Total Production in Bales jumps 7.15%

Pakistan Cotton Ginners Association (PCGA) today released the Consolidated Statement of Cotton Arrivals in Factories as on 1^st January, 2018. The statement collects all the information on the buying and selling of Cotton Bales in the country and releases a statement every year to record and disseminate the numbers.

According to latest data, Pakistan’s Total Production in Bales went from 10.366 million to 11.108 million; registering a jump of 7.15 percent. The jump in production came as a result of healthy growth in crops across the major Cotton producing provinces of Pakistan: Sindh and Punjab.

Total Punjab Production went up during the year by 4.19%. The total Bales produced in Punjab clocked in at 6.895 million against last year’s 6.617 million bales. Topping the list in Punjab, Rahim Yar Khan produced most bales during the last year, with a total 1.028 million bales. Apart from Rahim yar Khan, Bahawalpur produced 974 thousand bales, Bahawalnagar 890 thousand, Khanewal 677 thousand and Vehari 569 thousand bales during the last year.

The other twin province leading Cotton Production, Sindh, saw a 12.3% increase in production owing to the rising production and favorable weather conditions. Leading the province and the whole country in Production of Cotton, Sanghar’s contribution to total Cotton production was 1.38 million bales. Following Sanghar, Sukkur produced 602 thousand bales, Ghotki 380 thousand, and Naushehro Feroze 639 thousand bales during 2017.

Total Production from Baluchistan clocked in at a meagre 116.7 thousand bales.

Major buyers for Cotton Bales during the year 2017 were Exporters and Textiles. Textiles in line with their yester year trends, bought more than 9.558 million bales of cotton up by 8% during the last year. On the other hand, the second major buyer of Cotton, Exporters, bought 7.7% more bales during the ongoing year, with total bales bought during the year clocking in at 214 thousand total bales.

Against the last year’s unsold stock of 13% of the total production, this year’s total was 1.335 million bales; 12% of the Total Production.