BR100 Increased By (0.11%)
BR30 Increased By (0.34%)
KSE100 Increased By (0.05%)
KSE30 Increased By (0.13%)
AGHA 6.65 Increased By ▲ 0.02 (0.3%)
BECO 4.27 Decreased By ▼ -0.02 (-0.47%)
BML 59.30 Decreased By ▼ -0.86 (-1.43%)
BOP 28.69 Decreased By ▼ -0.09 (-0.31%)
CNERGY 13.05 Increased By ▲ 0.20 (1.56%)
CSIL 5.40 Decreased By ▼ -0.06 (-1.1%)
FCCL 51.39 Decreased By ▼ -0.38 (-0.73%)
FFL 14.02 Decreased By ▼ -0.01 (-0.07%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.07 Decreased By ▼ -0.02 (-0.33%)
KOSM 5.53 Increased By ▲ 0.15 (2.79%)
LOTCHEM 25.18 Decreased By ▼ -0.23 (-0.91%)
MLCF 89.55 Decreased By ▼ -0.40 (-0.44%)
NBP 157.48 Decreased By ▼ -0.75 (-0.47%)
NCPL 48.64 Decreased By ▼ -0.21 (-0.43%)
NPL 52.65 Decreased By ▼ -0.64 (-1.2%)
OGDC 300.90 Increased By ▲ 1.80 (0.6%)
PACE 9.72 Decreased By ▼ -0.27 (-2.7%)
PAEL 33.70 Decreased By ▼ -0.07 (-0.21%)
PIBTL 13.49 Decreased By ▼ -0.16 (-1.17%)
PPL 219.99 Increased By ▲ 1.12 (0.51%)
PRL 111.25 Increased By ▲ 4.30 (4.02%)
PTC 54.60 Increased By ▲ 1.00 (1.87%)
SSGC 22.88 Decreased By ▼ -0.03 (-0.13%)
TBL 9.40 Decreased By ▼ -0.17 (-1.78%)
TELE 7.08 Decreased By ▼ -0.03 (-0.42%)
TPL 20.09 Decreased By ▼ -0.39 (-1.9%)
TPLP 11.55 Decreased By ▼ -0.23 (-1.95%)
TREET 23.41 Increased By ▲ 0.03 (0.13%)
TRG 58.86 Increased By ▲ 2.49 (4.42%)
Markets

Heavy rains damage cotton crop in Sindh

Published Updated

cottonKARACHI: At least 40 percent of cotton crop has been damaged in Sindh due to torrential rains, causing flood in lower parts of cotton belt, market sources said here Saturday.

Chairman Cotton Broker Forum Naseem Usman told APP that only about 500,000 bales have reached the market while rest of cotton was in the field when the floods hit Tharparkar, Hyderabad, Badin and Thatta districts.

He said that Sindh was expected to harvest 4.5 million cotton bales this year as cultivation area under cotton had increased by 30 to 40 percent this season in Hyderabad, Mirpurkhas and Badin.

But after this damage, the crop would fall by 1 to 1.2 million bales this year in Sindh, he added.

Usman said that Federal Ministry for Food and Agricultural had set the target of 15 million bales for cotton this year, but this target will not be achieved after heavy rains.

"According to my estimates, we will get about 13.7 million bales this year as some parts of Punjab particularly cotton rich areas have also come under heavy rains", he noted.

Usman pointed out that rains also increased the chances of attack of white flies, the carriers of curl leaf cotton virus (CLCV).

He said that cotton price might increase for some times after Eid on short supply, but will fall in the long run as its quality is likely to be affected.

Copyright APP (Associated Press of Pakistan), 2011

Comments

Comments are closed for this article.