As of January 15, 2025, ginning factories across Pakistan have processed over 5.489 million (5,489,818) bales of seed cotton (phutti), reflecting a 33.52 percent decline compared to the same period last year. A report issued by the Pakistan Cotton Ginners Association (PCGA) reveals that cotton arrivals in Punjab stood at 2,686,521 bales, marking a 35.40 … Read more
Demanded providing full rights to farmers. Said farmers are not being paid according to the declared price. Urged the Sindh government to take notice. Former President Asif Ali Zardari expressed his concern over the non-payment of the federal government’s declared price of cotton to its farmers. He said that farmers are not being paid according … Read more
ECC fixed cotton intervention price at Rs8,500 per 40 kg The decision will expand cotton yield and area by 10-15% ECC ordered to form a committee to review cotton prices ISLAMABAD: Economic Coordination Committee (ECC) of the federal cabinet fixed cotton (Phutti) intervention price at Rs 8,500 per 40 kg for the current sowing season. … Read more
Prices to spike the highest in 50 years as a result of Ukraine war; World Bank forecast The conflict in Ukraine is set to cause the “biggest food price shock” since the 1970s, the World Bank has cautioned. In another conjecture, it said interruption brought about by the contention would add to immense cost ascends … Read more
Cotton prices in the United States have risen to a historic high in the last two decades amid ongoing drought in the central parts of the country. The plant fiber reached $1.3171 per pound (about 453 grams) on the key US futures contract, the highest since July 2011. Rainfall has been exceptionally low since early … Read more
NOUMOUTENE, Mali: Malian cotton farmers are set to produce a bumper crop this year, but Mahamadou Konate is worried, belying the smile he wears as he paces through his field. Economic and diplomatic sanctions recently imposed on the poor, conflict-torn Sahel state threaten one of its few economic motors: the cotton sector. Mali has traditionally … Read more
ISLAMABAD: The Asian Development Bank (ADB) on Tuesday projected higher inflation in Pakistan, compared with other regional countries and revised down the economic growth outlook for developing Asia slightly to 7 per cent this year and 5.3 per cent next year. The ADB revised the projections after renewed outbreaks of the coronavirus (Covid-19) led to … Read more
KARACHI: The value-added textile sector on Friday urged the government to allow import of cotton and cotton yarn from India and other countries through road, a statement said. The textile sector contributes more than 60 per cent share in the total national exports, earns highest foreign exchange and provides huge employment and, as such, cotton … Read more
MULTAN: The government will soon launch cotton cluster villages to promote the crop by ensuring modern technology in the near future, a senior government official said. Holding a press conference at the Central Cotton Research Institute (CCRI), Federal Minister for National Food Security and Research Syed Fakhar Imam said that cotton is a highly profit-generating … Read more
ISLAMABAD: The Ministry of National Food Security and Research will constitute a committee to keep a check on the cotton price in the country, a senior government official said on Wednesday. Addressing a press conference, Federal Minister for National Food Security and Research Syed Fakhar Imam said: “[The] ministry will constitute a Cotton Price Review Committee, which … Read more
ISLAMABAD: The Federal Cabinet on Tuesday approved an increase of Rs800/maund in the cotton support price, besides giving a go-ahead to the Kamyab Jawan Program (KJP) through which loans will be extended to over four million households to start their own businesses. During a media briefing after the meeting, chaired by Prime Minister Imran Khan, … Read more
ISLAMABAD: The minimum support price of cotton would increase the production and bring stability in the market, a senior government official said. Chairing the meeting for cotton intervention price, Federal Minister for National Food Security Syed Fakhar Imam said that the incumbent government was resolutely committed to support the cotton farmers in the country, as … Read more
The withdrawal of all duties on cotton import has sparked serious concern among cabinet members who argue that the move will have an adverse impact on cotton prices in the domestic market and will discourage growers, many of whom have already abandoned the crop in the face of unattractive returns. According to the details, In … Read more
