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10.33% growth: Country gets record 14.7 million bales cotton yield till Mar 1

byCustoms Today Report
04/03/2015
in Business
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MULTAN: The record quantity of seed cotton (phutti) has reached the ginneries across the country, amounting to 14.7 million bales till Mar 1, which is highest in the history of Pakistan, according to Pakistan Cotton Ginners Association statistics

According to a fortnightly report of PCGA, the year 1991-92 was the first cotton season when country had witnessed a bumper yield of just over 12.8 million bales, a record that was broken in 2005 and in 2012 when production crossed 14 million bales of cotton.

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The development triggered optimism that country might touch 15 million bales mark for the first time ever in Pakistan as the cotton picking was still in progress and would continue for another month.

The report said that seed cotton (phutti) equivalent to 14,705,853 or 14.7 million bales have reached ginneries all over Pakistan till Mar 1, 2015, showing a percentage increase of 10.33 per cent over the corresponding period last year. Out of total arrivals, phutti equivalent to 14.64 million bales has undergone the ginning process.

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