Over 11.4 Mln Cotton Bales Reach Ginneries

(@FahadShabbir)

Over 11.4 mln cotton bales reach ginneries

MULTAN, (UrduPoint / Pakistan Point News - 18th Feb, 2018 ) ::The seed cotton (Phutti) equivalent to 11.4 million bales have reached ginneries across the country till Feb 15, 2018, registering an increase by 7.49 per cent compared to corresponding period of last year.

According to a fortnightly report of Pakistan Cotton Ginners Association (PCGA) released here Sunday, out of total arrivals, 11,457,111 bales have undergone the ginning process.

The arrivals in Punjab were recorded over 7.2 million bales recording a percentage increase of 4.84 per cent.

The arrivals in Sindh were recorded at 4,252,414 bales, 12.32 per cent higher compared to corresponding period of last year. A total sold out bales were recorded at 10,656,256 bales including 10,439,641 bales bought by textile mills and 216,216 bales purchased by exporters. Over 0.8 million (829,485) bales were still lying at the ginneries as unsold stock. APP/atf/gmf