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Pakistan cotton arrivals rise 7.5% to 4.08 Mn bales by Oct. 15

PCGA data show textile mills bought 3.45 million bales, while total unsold stock fell to 531,530 bales

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Pakistan cotton arrivals rise 7.5% to 4.08 Mn bales by Oct. 15

Cotton bales stacked at a warehouse.

APP

Pakistan’s cotton arrivals at ginning factories rose 7.53% from a year earlier to 4,081,265 bales as of October 15, according to data released by the Pakistan Cotton Ginners’ Association (PCGA).

Arrivals stood at 3,795,637 bales during the corresponding period last year, meaning this season’s total was higher by 285,628 bales.

Ginning factories had pressed 3,733,154 bales. Textile mills purchased 3,452,335 bales, while exporters and traders bought 97,400 bales, bringing total sales to 3,549,735 bales.

Where were cotton arrivals highest?

PCGA reported 2,442,768 bales under its Sindh total, up 7.35% from 2,275,542 a year earlier. That total includes 180,607 bales attributed separately to Balochistan in the district table. Punjab arrivals rose 7.79% to 1,638,497 bales from 1,520,095 during the same period last year.

Balochistan’s 180,607 bales were up 30.36% from 138,550 bales a year earlier, according to the PCGA figures.

Total unsold stock at ginning factories stood at 531,530 bales, comprising 183,419 unsold pressed bales and 348,111 bales listed as unginned stock. That compared with 630,471 bales a year earlier.

Cotton arrivals during the latest fortnight reached 872,863 bales, compared with 751,228 bales during the corresponding period last year, an increase of about 16.2%.

A total of 471 ginning factories were operational across the country.

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