Ginneries receive 34.28pc less cotton bales

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MULTAN – The arrival of cotton bales (phutti) at ginneries has observed a decrease of 34.
28 percent, compared to the corresponding period last year, disclosed a fortnightly cotton arrival report released by the Pakistan Cotton Ginners Association (PCGA) here on Monday.

The report, which detailed the cotton arrivals at ginning factories between April 1 and 15, disclosed that over 97,68,443 bales of cotton had reached ginneries across Pakistan as of April 15, while the ginneries had received 1,48,38,605 bales during the same period last year.

Briefing the media on the report, the Chairman of PCGA Nawab Shehzad Ali Khan said that despite 34.
21 percent less production of cotton, 0.
489 million bales were lying unsold in the ginneries and textile industry was not taking interest in purchasing the stock, as most of the participants are on the sidelines in the absence of motivating factors.

He said that out of total arrivals, 9.
762 million bales of cotton had been converted into bales so far.
Ginneries in Punjab recorded arrival of 59,96,107 bales, recorded decrease of 44.
81 per cent.

Sindh ginneries recorded arrival of 37,66,037 bales, while last year, Sindh received 39,74,500 bales merely 5.
25 percent less .
Ginneries in Sindh recorded a shortfall of 5.
25 percent, as compared to corresponding period last year.
Textile mills have bought 89,11,002 bales, while exporters bought 3,62,141 bales.
The total bales sold out so far were calculated at 92,73,143 bales.

Multan received 1,29,784 bales 73.
90 percent short than last year, Lodhran 97,437 bales 73.
83 percent short, Khanewal 4,04,570 bales 58.
99 percent short, Muzaffargarh 2,69,344 bales a decrease of 45.
39 percent, Dera Ghazi Khan 2,91,145, a decrease of 40.
85 Rajanpur 4,05,437 bales, 28.
65 percent decrease, Layyah 2,51,988 , 36.
25 percent less , Vehari 3,12,850 bales 61.
07 percent less, Sahiwal 2,56,016 bales 57.
13 6 percent less than last year, Pakpattan 66,478 bales 59.
85 percent less, Okara 22,148 – 56.
84 percent less, Kasur 11,376 – 46.
47 percent less, Toba Tek Singh 1,41,107 bales, Faisalabad 52,839 bales, Jhang 42,680, Mianwali 3,43,863, Bhakkar 82,759, Sargodha 11,607 , Rahimyar Khan 11,14,280 bales, 21.
07 percent decrease, Bahawalpur 7,45,201 and Bahawalnagar 94,23,298 bales.

In Sindh: Hyderabad 2,50,607 bales 5.
56 percent less than last year, Mirpur Khas (Thar) 2,74,145 bales 31.
28 percent less, Sangarh 13,46,464 bales 10.
62 percent decrease, Nawabshah 3,12,622 bales, Naushero Feroze 2,83,084 bales, Khairpur 2,70,431, Ghotki 3,20,362, Sukkur 4,48,068, Dadu 36,328, Jamshoro 1,33,000 bales, Badin 31,645 bales and Baluchistan 57,045 bales.

Total 47 ginning factories are operational in the country.
Of them 41 in Punjab and 6 in Sindh.

Total 3,49,778, bales are lying in ginneries as unsold stock.

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