Pakistan cotton crop expected at about 15mln bales this year

Islamabad: Pakistan’s cotton crop this year is expected at about 15 million bales, says Cotton Development Commissioner Dr Khalid Abdullah.

Crop outlook is satisfactory with no outbreak of any disease, pest attack reported so far from field formations. However, urea fertilizer availability in Punjab province is major hurdle and its price risen and sold in black market at much high rates, he said on Monday.

Growers crucially require urea fertilizer as crop is passing through ball-formation stage, Dr Abdullah said adding inadequate supply will harm crop output. Government imported urea to meet shortfall and scheduled to arrive by end July but came in mid-August.

He said cotton price in world market witnessed declining trend as buyers not yet started buying. According to him all issues of ginners were amicably resolved, Withholding tax was simplified.

He said light rains are beneficial for crop, but water should not remain stagnant in field for more than 24 hours as it may be harmful.

Leave a Reply