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10.7m cotton bales reach ginneries

byCT Report
04/04/2017
in Business
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MULTAN: Pakistan Cotton Ginners Association (PCGA) has released its fortnightly report indicating national cotton production at 10.725 million bales till April 1, 2017, showing an increase by 9.87 percent.

Seed cotton (Phutti) equivalent to 10.725 million or 10,725,737 bales have reached ginneries across Pakistan till April 1, 2017, registering increase in arrivals by 9.87 percent compared to corresponding period of last year. Out of total arrivals, Phutti equivalent to 10,724,915 or 10.724 million bales have undergone the ginning process. The arrivals at Punjab ginneries were recorded 6.938 million or 6,938,626 bales recording a percentage increase of 15.72 percent compared to corresponding period of last year. Arrivals at ginneries in Sindh were recorded at 3.787 million or 3,787,111 bales showing a percentage increase of 0.56 percent. Textile mills have purchased 10.168 million or 10,168,824 bales while exporters have bought 202,356 bales. Total sold out bales were calculated at 10.371 million or 10,371,180 bales.

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