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Pakistan's cotton arrival soars 97.51% to 30.41 lakh bales this season

15 Sep '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Pakistan experiences a dramatic increase in cotton arrival for the marketing year 2023-24, with a rise of ******** per cent compared to the previous year, totalling **.** lakh bales as of August 2023.
  • This spike is attributed to early sowing and favourable weather conditions which advanced the cotton influx to July, a month earlier than the usual August.

Usually, the regular influx of cotton begins in August annually. However, this timeline was advanced to July this year due to early sowing and favourable weather conditions, which had a positive impact on the cotton crop. This situation contrasts starkly with the previous year when heavy rains and floods primarily affected the crop in the main cotton-producing states. 

Data released by the Pakistan Cotton Ginners Association (PCGA) on August **, ****, disclosed that the cotton arrival from July to August **** was **,**,*** bales. This marks an increase of **,**,*** bales compared to the **,**,*** bales recorded in August ****. Due to the early onset of cotton arrival this year, the PCGA released its second monthly report unusually in September. Last year, the first monthly report, which only covered the arrival data for July ****, was also released in September. 

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