Tag: cotton production
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Cotton’s potential revival: Strong harvest drives 52 per cent increase in ginning factories
Cotton farmers breathed a sigh of relief as the final bale of their successful harvest was loaded onto trucks en route to the ginning factories. After a 48 per cent decline in cotton output from last year, the first fortnight of October recorded an 8.87 per cent increase compared to the same period last year,…
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Pakistan’s cotton production surge offers hope for forex reserves
Cotton production this year is proving to be a silver lining for Pakistan’s foreign exchange reserves, with an impressive 83 per cent increase in production for the 2023-24 season, totalling 6.79 million bales.
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Cotton production in Pakistan drops to 40-year low due to flood damage
Due to severe flooding and heavy rains during the monsoon season, Pakistan has recorded its lowest cotton production in 40 years. According to data from the Pakistan Cotton Ginners Association (PCGA), the country produced 4,912,069 bales of cotton, a year-on-year decline of 34%. This low yield has caused significant challenges for the textile industry, which…