Multan–Pakistan will still be able to export cotton despite rain-related damage to the crop this year, says the chairman-elect Pakistan Cotton Ginners Association (PCGA) here Friday. Amanullah Qureshi was recently elected as chairman of PCGA and would assume office in a general body meeting of ginners on Sept 29 here.
Talking to newsmen, he said that cotton also received damage in Punjab due to rains, however, early sown varieties and seasonal cotton would translate into approximately 11 million bales this year in the province. He added that growers of districts in upper Punjab had also embarked on sowing Bt varieties of cotton this year.
He said that rains had played havoc with the cotton crop in Sindh destroying standing crop of almost two to 2.5 million bales. He urged the government to activate banks and insurance companies to hold a damage assessment survey, so that steps be taken to compensate losses suffered by growers. Amanullah Qureshi said the cotton price was high in the international market and domestic growers would also benefit from it.
He said that Pakistan would have yielded a bumper cotton crop, approximately 17 million bales, had there been no rain-related damage to it.
He said that ginners wanted to upgrade their ginning units but they needed assistance from the government. He said ginners were ready to pay the premium price to growers in return for good quality Phutti provided the textile sector also paid the premium price to ginners on purchase of good quality lint.
Amanullah Qureshi said that 25 per cent of the textile sector was not operational in the country due to crisis it was facing following the purchase of yarn at a high price.
This situation is also hurting the ginning sector, he said and requested the government that textile units facing bank default or financial problems be provided with relief to keep the industrial wheel moving and enable workers earn their livelihood to feed their families.