Daily Times

Seed cotton (Phutti) equivalent to over 2.6 million or exactly 26,86,537 bales have reached ginning factories across the country till September 15 registering increase of 159.52 per cent as compared to corresponding period of last year. According to a fortnightly report of Pakistan Cotton Ginners Association (PCGA) released on Saturday, over 2.4 million or 2,414,000 bales have undergone the ginning process i.e converted into bales. Cotton arrivals in Punjab were recorded at over 0.95 million or 9,59,925 bales registering a surplus of 186.66 pcáas compared to corresponding period of last year when arrivals were recorded 3,34,863 bales. Sindh generated over 1.7 million or 17,26,612 bales registering an increase of 146.54 pcáas compared to corresponding period of last year when arrivals wereárecorded 7,00,331 bales. Textile mills bought 23,50,505 ábales while exporters purchased one thousand bales and Trading Corporation of Pakistan (TCP)ádidn’t buy during the cotton season 2020-21.