Over 10m cotton bales reach ginneries across Pakistan

MULTAN: Seed cotton (Phutti) 1,06,34000 bales reached ginneries across Pakistan till Feb 1, 2017, registering an increase of 10.63 per cent compared to the last year.

According to a fortnightly report of the Pakistan Cotton Ginners Association (PCGA) issued here on Friday, out of total arrival, Phutti equivalent to over 10 million bales had undergone the ginning process till Feb 1.

The exporters purchased 22,356 cotton bales while

textile mills purchased 9,515,478 bales during the recent season. Exactly 916,793 bales were still lying with the ginneries as the unsold stock, the report said.