As of March 15, 2013 number of cotton Arrival in Pakistan over 12,840,000 package, increased by 5% over the same period last year. According to the Pakistan Cotton ginning Association (PCGA) spokesman said on Tuesday that Pakistan more than 12.84 million bales of cotton arrival of the number in the two weeks ended March 15, 2013, increased by 5% compared with the same period last year to 12.2 million bales.
As of March 15, 2013, the textile industry purchases approximately 11.61 million bales individual exporters to purchase about 328,950 bales, the stocks totaled slightly more than 899,000 packages. Inventory of about 920,000 bales a year earlier, two weeks the number of seed cotton arrival maintained at about 100,000 bales.
in Sindh Agriculture Forum, experts say, the national production of about 15.2 million bales.
2012-13 global cotton consumption is expected to grow 4.5% to 24.8 million tons.
Pakistan will export 2.5 million bales of cotton, valued at $ 450 million, domestic lint prices are relatively lower than the international market price.
forecast 2012-13 world production, according to the International Cotton Advisory Committee will once again greater than consumption, resulting in the 2012-13 world cotton stocks increased by 11%, to 14.5 million tons.
world's largest cotton consuming countries China will be issued in April, more import quotas of cotton, cotton reserves because the Chinese government procurement to reduce the amount of domestic cotton supply.
which will benefit India, Pakistan and the United States high-quality cotton and other cotton exports.
market expectations, will be awarded 80 million tons of import quotas will be distributed to export textile mills. China has actively purchasing, to provide support for the New York cotton.
Chinese textile mill average monthly consumption of about 70 million tons of cotton. The
the U.S. Department of Agriculture forecast, The World 2012-13 lint yield is expected to decreased by 8% over the previous year, to 1.14 billion packs.
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