CommoditiesQuick read

Pakistan cotton arrivals surge 19% to 2.4m bales by Sept 15

Mettis Global • • 1 min read

Pakistan cotton arrivals surge 19% to 2.4m bales by Sept 15

Cotton intake at ginning plants nationwide climbed by 19.17%, reaching 2,388,682 bales as of September 15, according to Mettis Global. That compares with 2,004,384 bales over the same stretch last year. The Pakistan Cotton Ginners' Association data shows 2,207,183 bales had already been pressed, while 181,499 bales were still awaiting ginning.

Sales reached 2,127,893 bales, of which mills bought 2,035,093 and exporters and traders took 92,800 bales. Under the TCP category, however, there were no purchases. Ginners held 79,290 bales unsold, while the national unsold total fell to 260,789 bales from 325,780 a year before.

By province, Punjab recorded 860,942 bales, a 24.73% increase, while Sindh, including Baluchistan, reached 1,527,740 bales, up 16.25%. Sanghar led the districts with 888,607 bales, and 412 ginning factories were operating nationwide. Several districts, including Muzaffargarh, Rajanpur and Ghotki, reported lower arrivals than last year, while Sargodha recorded none.

At a glance

  • Cotton arrivals at ginning plants rose 19.17% to 2,388,682 bales as of September 15.
  • Sales reached 2,127,893 bales, with textile mills taking 2,035,093 bales.
  • National unsold stock fell to 260,789 bales from 325,780 bales a year earlier.
Sectors:Textile CompositeTextile Spinning

Originally reported by Mettis Global

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings