Trends - cotton production - Business Recorder

cotton production

Cotton imports: major correction underway?

Pakistan’s cotton imports fell to 2.75 million bales during 8MFY22, down by 12 percent over same period last year....

Published 24 Mar, 2022 09:23am

Markets

Over 6.2 million bales of cotton reach ginneries, up 81% year-on-year: PCGA

As per the fortnightly report, total arrival surged to 6.257 million bales as of November 1, compared to 3.452 million bales in the same period last year

Updated 03 Nov, 2021 07:33pm

Markets

Revised cotton target likely to be met, says ministry

ISLAMABAD: The revised cotton production target of 9.3 million bales set for the for 2021-22 is expected to be met ...

Published 19 Oct, 2021 03:52am

Business & Finance

Textile sector badly hit by sharp decline in cotton production: VC

FAISALABAD: Cotton production has shrunk by more than 60 percent from 14.81 million bales to 5.65 million bales in...

Published 09 Oct, 2021 04:10am

Cotton production likely to show nearly 20pc increase

ISLAMABAD: The government on Thursday, set wheat production target at 28.9 tons for Rabi season 2021-22 on an area ...

Updated 08 Oct, 2021 10:45am

Agri growth target unlikely to be achieved

ISLAMABAD: The country is unlikely to achieve the agriculture growth target of 3.5 percent set for 2021-22, after...

Updated 02 Oct, 2021 09:52am

Rising world commodity prices, Covid variants: Finance ministry highlights downside risks to economic outlook

ISLAMABAD: The Finance Ministry has highlighted that there are some downside risks to the outlook of the economy...

Updated 29 Sep, 2021 10:00am

Cotton production target revised downward

Cotton Crop Assessment Committee revises cotton production target by 19.5 percent, from 10.5 million bales set for 2021-22 to 8.46 million bales

Updated 02 Sep, 2021 10:00am

BR Research

Cotton: losing to everyone!

It is that time of the year again. As cotton harvest season looms in, casual lamentation of crop’s decline and the...

Published 30 Aug, 2021 07:30am

Unutilised Stimulus Package amount: Rs352bn to be used on vaccine procurement

ECC meeting told that funds were allocated under the Economic Stimulus Package for the entire duration of the Covid-19 pandemic, irrespective of the financial year

Updated 29 Jul, 2021 09:12am

Opinion

Cotton production prospects

According to State Bank of Pakistan (SBP) Second Quarterly Report on the “State of Pakistan’s Economy for ...

Published 28 Jul, 2021 04:45am

Country likely to miss cotton production target

ISLAMABAD: The country is likely to-miss cotton production target of 10.5 million bales due to high inputs costs...

Published 24 Jul, 2021 02:41am

Opinion

Cotton under the govt spotlight

Monday's meeting of Economic Coordination Committee (ECC) of the Cabinet deserves praise for it has taken a key...

Published 30 Jun, 2021 03:54am

Agri sector grows 2.8pc

ISLAMABAD: The agriculture sector in the country witnessed 2.8 percent growth July-March 2021 as per Economic Survey...

Published 11 Jun, 2021 03:41am

BR Research

Agri-GDP: celebrating mediocrity?

The finance ministry’s monthly economic outlook report for April 2021 notes that “the downside risk of cotton...

Updated 06 May, 2021 11:09am

Markets

Target of 4m acres of cotton sowing to be achieved in Punjab

MULTAN: Government has set cotton sowing target at four million acres in Punjab and agriculture department was ...

Published 15 Apr, 2021 03:22am

Markets

APVTA demands ban on export of cotton, yarn

FAISALABAD: All Pakistan Value-added Textile Association (APVTA) has demanded complete ban on the export of cotton...

Published 05 Apr, 2021 03:56am

Markets

China branch of cotton trade body finds no forced labour in Xinjiang

SHANGHAI: The China branch of the cotton trade body Better Cotton Initiative (BCI) said on Friday it had not found...

Published 27 Mar, 2021 05:41am

3rd Covid-19 wave poses downside risks to growth

ISLAMABAD: The fiscal deficit for the first seven months (July-January 2020-21) of the current fiscal year stood at...

Published 27 Mar, 2021 05:41am

Markets

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 26 Mar, 2021 05:22am

Markets

PTEA chief concerned at cotton yarn crisis

FAISALABAD: Unavaila-bility of cotton yarn and non-payment of duty drawback of taxes and income tax refunds is...

Published 12 Mar, 2021 05:10am

Business & Finance

PM Khan expresses concern over alarming decline in cotton production

The advisor informed that the Prime Minister has instructed to take necessary measures, including cross-border trade of cotton yarn, to keep the momentum of value-added exports.

Published 04 Mar, 2021 11:38am

Cotton production registers woeful 34.18pc fall YoY

LAHORE: The cotton production in the country witnessed an alarming decline of 34.18 percent shortfall as compared to...

Updated 04 Mar, 2021 09:31am

Business & Finance

Pakistan’s exporters urge govt to allow import of cotton from India

Earlier, Dawood said people from the industry had been demanding to make changes in duties and taxes in textile sector.
However, he ruled out any changes in duties and import of cotton from India to bridge shortfall. He hoped that the country would have better cotton crop next year.

Published 03 Mar, 2021 12:24pm

Pakistan

Govt urged to declare emergency for cotton production

The LCCI office-bearers said that the textile was the largest export-oriented sector contributing around 60 per cent to the total exports of the country.

Published 11 Feb, 2021 08:43pm

Markets

Business activity remains firmer on cotton market

KARACHI: The local cotton market remained stable on Saturday. Market sources told that trading volume was low....

Published 07 Feb, 2021 04:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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