Weekly Update: Domestic Cotton Crop Snapshot

MG News | August 29, 2017 at 04:56 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

According to the Pakistan Central Cotton Committee, cotton crop continues to progress well. However, instances of white fly are increasing in Punjab with comparison to last week reports. Concurrently, pink boll worm and army worm are also being reported across Punjab rising above ETL level in most of the cotton area.

Whereas, Sindh crop is progressing towards maturity hence sucking pest incidences are declining at a steady pace.

Prices of seed cotton remained between 2600-2800.

Targets for Area and Production of Cotton Crop (2017-18)
S. No	Province	Area (million hectares)	Production (million bales)
1	Punjab	2.42	10.00
2	Sindh	0.65	4.00
3	Khyber Pakhtunkhwa	0.001	0.002
4	Baluchistan	0.038	0.038
Total of Pakistan	3.11	14.04

Sowing Position of Cotton Crop as on 10^th July, 2017
Area (million hectares)
Province	Target 2017-18	Area Sown	% Change
2017-18	2016-17	Target	Last Year
Punjab	2.42	2.145	1.780	88.6%	+20.5
Sindh	0.65	0.608	0.636	94%	-4.4
Pakistan	3.11	2.753	2.416	88.52%	+13.95

Province	Expected Population (million bales)
Punjab	8.80
Sindh	3.70
Khyber Pakhtunkhwa & Baluchistan	0.10
Pakistan	12.60

Related News

Gold rebounds in Pakistan, jumps Rs2,400 per tola

Gold rebounds after sharp selloff as oil prices ease

Pakistan cotton arrivals rise 8% to 4m bales

Name	Price/Vol	%Chg/NChg
KSE100	169,924.74 89.54M	1.13% 1905.88
ALLSHR	102,125.38 285.80M	1.11% 1124.02
KSE30	49,980.97 49.84M	1.15% 569.20
KMI30	243,643.22 39.85M	1.27% 3062.23
KMIALLSHR	66,071.23 108.43M	1.17% 762.07
BKTi	46,294.56 16.58M	0.80% 368.70
OGTi	34,204.66 2.23M	1.02% 345.85

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,060.00	77,430.00 76,450.00	220.00 0.29%
BRENT CRUDE	105.86	107.24 104.27	1.09 1.04%
RICHARDS BAY COAL MONTHLY	129.00	129.00 129.00	0.75 0.58%
ROTTERDAM COAL MONTHLY	142.50	0.00 0.00	0.35 0.25%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	97.43	98.69 96.12	0.97 1.01%
SUGAR #11 WORLD	18.46	19.06 18.39	-0.60 -3.15%