9.65 million bales of cotton reached in the ginneries till Dec Ist, PCGA

MULTAN,Dec 3rd: Pakistan Cotton Ginners Association (PCGA) released its fortnightly report reveals that around 9.65 million cotton bales have been sourced to the country's ginners by Dec Ist ,2011.As revealed by the report, there has been a 15.47 percent increase in the quantum of cotton reaching the ginners by DEc Ist, as compared to the 8.357 million bales of cotton that reached the ginners during the same period last year.PCGA chairman Amanullah Qureshi briefed the journalists about the cotton arrival, sale and unsold stock of the cotton in the country.While 72,69,048 cotton bales were sold to the textile units, exporters bought some 3,42959 bales. Thus, overall 7.612 million bales have been traded till now, without TCP participating in the trading activity so far.Federal Government is reluctant to allow TCP to procure the cotton under the pressure of APTMA,he added There are 20,38,095 bales, which still remain to be sold.Chairman of PCGA Amanullah Qureshi has said that increase of cotton arrival was merely 15.47 percent. He said total 96,50,102 bales of cotton were received during this season. It was 12,92,877 bales more than last year showing an increase of 15.47 percent in the production inspite of unfair weather, flood, diseases and pest attacks in Sindh and monsoon rains in Punjab. While 16,81,283 bales were received during last fortnight from November 16th to December Ist, 2011. He said that total 1076 ginning factories are operational in Sindh and Punjab.Recent floods had badly hit the cotton crop in the districts of Hyderabad, Nawabshah, Dadu, Mirpur Khas Sangarh and other areas of Sindh. They said that 42.12percent cotton was destroyed in Hyderabad, 42.62 percent in Mirpur Khas, 60.57 percent in Sangarh, 49.07  percent in Nawabshah, 3.25 percent in Naushehro Feroze. The report reveals an increase of 48.05 percent Multan .86.04 percent cotton in Lodhran district,41.15 % in Khanewal, 108.03 % in Muzaffargarh,22.73 % in Dera Ghazi Khan,131.69% in Rajanpur, 68.53 % in Vehari,327.13 % in Kasur ,43.08 in Toba Tek Singh ,15.97% in  Faisalabad,92.65 % in Mianwali,110.25% in Bhakkar,and 45.81` %  in Sargodha The unsold stock is 20,38,095 bales, which is more than last year, when unsold stock was 10,80,638. Chairman of Pakistan Cotton Ginners Association (PCGA) said that Punjab contributed 75,40,302 bales, last year it contributed 52,62,066 bales showing an increase of 43.30 percent, Similarly Sindh contributed 21,09,793 bales against the last year production of 30,95,159 bales showing a decrease of 31.84 percent and Balochistan 34,800 bales.
District-wise production data showed that Multan contributed 3,95,251 bales, Lodhran 2,70,083 bales, Khanewal 7,70,489 bales, Muzaffargarh 3,40,313
bales, Dera Ghazi Khan 2,64,053 bales, Rajanpur 3,54,444  bales, Layyah 1,99,852 bales, Vehari 7,72,976 bales, Sahiwal 5,29,278 bales, Pakpattan 2,58,090 bales, Okara 42,631 bales, Kasur 27,550 bales, Toba Tek Singh 2,94,450 bales, Faisalabad 106,460 bales, Jhang 1,78,232 bales, Mianwali 1,85,428 bales, Bhakkar 1,32,100 bales, Sargodha 44,400, Rahim Yar Khan 8,38,630 bales, Bahawalpur 7,95,179 bales, and Bahawalnagar 7,40,420 bales. Sindh's district-wise production figures were: Hyderabad 1,74,820 bales, Mirpurkhas 1,33,457 bales, Sanghar 6,53,369 bales, Nawabshah 1,47,425 bales, Naushero Feroze 1,68,159 , Khairpur 1,85,512 bales, Ghotki 2,18,891 bales, Sukkur 2,66,571  bales, and Dadu 22,727 bales, Jamshoro 74,483 , Badin 26,995.Balochistan added 37,782 bales to the total. PCGA claimed that 2 million bales were destroyed in recent floods in Sindh. Policy-makers may hope that bumper cotton crop will help the government make deficiency in other areas, taking the annual growth rates to over 7 percent. The chairman PCGA reiterated demand to the government to announce relief and bail out package for 250 cotton ginning factories of flood-hit areas. The report said that the ginners pressed 90,12,361 bales. Only 3,42,959 bales were exported by commercial exporters (who mostly purchased from Punjab), and merely 1,70,559 bales were purchased from Sindh.The textile industry purchased 72,69,048 bales and 20,38,095 bales were available with ginners as unsold stock. They told that cotton trading remained firm amid strong physical price and higher cottonseed prices.

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I'm journalist in Pakistan,And working in this field about 20 years.