Home breadcru News breadcru Market Intelligence breadcru  | Pakistan's cotton arrival slides 59% to 2 mn bales till September

Prime Content | 
Pakistan's cotton arrival slides 59% to 2 mn bales till September

07 Oct '24
2 min read
Pakistan's cotton arrival slides 59% to 2 mn bales till September
Pakistan's cotton arrival slides 59% to 2 mn bales till September

Insights

  • New cotton arrival in Pakistan dropped **9**9.*1* per cent to *2*.*** million bales by September 30, 2024, compared to *5*.*** million bales during the same time in previous year.
  • High temperatures and heavy rains severely affected crops in Punjab and Sindh.
  • The decline prompted increased cotton imports.
  • Farmers were discouraged by a lack of government support.

High temperatures in the initial months (June and July) destroyed crop in Punjab and Sindh provinces, the main cotton growing regions in the country. The subsequent unusually heavy rains caused diseases like white fly and pink ball worm resulting in heavy losses in the crop. This double blow has prompted the textile industry to ramp up cotton imports from the global market. Cotton growing farmers were also discouraged by the absence of government support.

Cotton arrival began in July ****, as they did last year. The flow of arrivals was quite slow during the initial period of the current season.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!