PAKISTAN: Cotton Outturn At 9.38m Bales

KARACHI: The figures of Pakistan Cotton Ginners Association (PCGA) on Tuesday showed that Pakistan produced some 9.389 million bales equivalent lint in the first six-and-a-half months of market year 2003-04 but was short 1.93 per cent, compared with 9.574 million bales a year ago.

Seed cotton (phutti) inflow into ginning factories during the first fortnight of February came to over half a million bales equivalent lint. But the ginneries in operation were reduced to 483 factories.

In the Punjab, the cotton growth was reported at 7.401 million bales, up 0.11 per cent, compared with 7.392 million bales a year earlier.

Out of the 20 cotton-growing districts, the outturn was reports short in six districts. In Sindh, the production was at 1.988 million bales including 3,596 bales from Balochistan, down 8.86 per cent, compared to 2.182 million bales a year ago period.

Of 10 cotton-growing districts including Balochistan, the crop was short in eight areas.

Ginners said that they had sold out some 7.735 million bales while 1.654 million bales including 168,281 unginned lint equivalent bales remained lying unsold with them.

Textile mills and spinners had lifted 7.568 million bales and commercial exported purchased 167,417 bales while the Trading Corporation of Pakistan - the state-run grain trader - had not intervened in the domestic market. - Agencies.

February 18, 2004

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Added: February 18, 2004
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