Page 10 - November-December-2016

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Pakistan to witness an up rise

for cotton output in 2016/17

According to the recent research reports, Pakistan is target of 14.1 million. At the same time, the prices of
likely to witness an up rise in the cotton output in the cotton are also expected to re-bounce in coming few
year 2016/17. The cotton crop of Pakistan seems to months because of the increasing demand for
be improved this year and with this growth, the high-quality cotton. One reason or these rising prices
country is expecting to have a better output as can be the economic crisis in India and its inability to
compared to the previous one. The main reason for provide cotton to international market. The ginners
this betterment in the crop is the favorable weather are expected to drop in cotton into the market by the
conditions it faced. end of January 2017.

As responded by the growers, this year the cotton According to the traders, the shortfall of cotton will
crop in Pakistan is expected to be around 10.6 improve the import of raw cotton in order to meet the
million bales. This number is slightly higher than the domestic demands. Though Pakistan is one of the
previous year’s crop that is 9.7 million. leading cotton producers, the production of cotton
has seen a downside since last few years. To deal
The CCAC (Cotton Crop Assessment Committee) with the issue and increase the production of cotton,
has recently revised the production target for cotton necessary is to take extra measures at all levels to
crop and found that the estimated crop this year gain higher output of cotton crop and decrease the
would be around 10.54 million bales against the import bills.

November/December 2016