2.5m Cotton Bales Reach Ginneries, Arrivals Up By 6.42pc

Pakistan Cotton Ginners Association (PCGA) Tuesday issued its first cotton arrivals report of the year 2018-19 indicating arrivals of over 2.5 million cotton bales at the ginning factories across the country, some 6.42 per cent above the corresponding period last year.

MULTAN,(UrduPoint / Pakistan Point News - 18th Sep, 2018 ) :Pakistan Cotton Ginners Association (PCGA) Tuesday issued its first cotton arrivals report of the year 2018-19 indicating arrivals of over 2.5 million cotton bales at the ginning factories across the country, some 6.42 per cent above the corresponding period last year.

Seed cotton (phutti) equivalent to 2.571 million or 2,517,345 bales have reached ginneries across Pakistan till Sept 15, 2018, says the PCGA's first fortnightly report of the ongoing season.

Out of total arrivals, over two million or 2,039,037 bales have undergone the ginning process.

Arrivals in Punjab were recorded at 980,139 bales and Sindh, over 1.5 million or 1,537,206 bales.

Total sold out bales were recorded at over 1.

9 million (1,939,501) bales including 1.8 million (1,898,441) bales bought by textile mills and another 41,060 bales purchased by exporters.

Exactly 577,844 bales were still lying with the ginneries as unsold stock.

Sanghar district of Sindh continued to remain on top with cotton arrival figures of 911,474 bales.

The report does not include cotton figures from districts of Kasur, Sargodha, Ghotki and Dadu.

Exactly 585 ginning factories were now operational in the country out of total 1300 including 351 in Punjab and 234 in Sindh. Some 574 ginning factories were operational during corresponding period of 2017 including 339 in Punjab and 235 inSindh.