AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)
Business & Finance

Mango production in South Punjab expected to decline by 40pc this year

  • Last year, the production of mango in Punjab was recorded at 1.3 million metric tons, while this year only 800,000 metric tons of mangoes production will be possible.
Published June 10, 2020

The production of mango, one of the lucrative export items of Pakistan is expected to decline by 40 percent this year in southern Punjab, including Multan.

As per details, unseasonal rains, storms, and other issues have targeted the mango crop, leading to fears of a 40pc decline in the mango crop in the southern Punjab region.

Traders have also canceled contracts to lease mango orchards on the grounds of crop failure, leaving mango growers with heavy financial losses, and in dire straits.

Last year, the production of mango in Punjab was recorded at 1.3 million metric tons, while this year only 800,000 metric tons of mangoes production will be possible, which will be a huge financial loss to farmers.

If the global situation continues to deteriorate in view of the coronavirus, mango exports will also be severely affected.

Earlier, it was learned that Pakistan's mango exports to Iran have been seriously jeopardized this year mainly due to negligence and inefficiency on part of relevant officials of the ministry of commerce and customs, exporters said.

It is feared that this year only around 800 tons of mango will be exported to Iran against the estimated 15,000 tons export under normal circumstances after it was learned that mango consignments are being stuck on the Pakistan-Iran border for the last four days owing to sheer negligence and ill-planning on part of the relevant authorities.

Comments

Comments are closed.