KARACHI: The Pakistan Cotton Ginners Association (PCGA) on Saturday strongly opposed cotton imports from India, maintaining that the move would certainly prevent local growers from sowing this cash crop.
Growers, ginners, rewriters and cotton brokers are actively supporting the government’s decision of not allowing cotton imports from India regardless of the Economic Control Board authorization.
Talking with Dawn, PCGA Chairman Dr Jesu Mal claimed that if Indian cotton imports are allowed, cultivators will certainly not go for sowing of cotton for this period. Cotton sowing has already started in Sindh as well as will begin soon in Punjab.
“Because of no research study on cotton seeds, inadequate pesticides as well as high cost of fertilizers, cotton return was up to 9 maund per acre throughout the season finished with simply 5.5 million bundles– nearly one third of the manufacturing we attained with 14.8 m bundles a couple of years back,” he stated.
The recent returns are about 16 maund per acre which has been dramatically decreasing as the government has actually mostly ignored one of the most important cash crop which assisted make over 60 per cent export profits, Mr Mal said.
Discussing the price of cotton manufacturing, he claimed in India it was Rs20,000 (equal to Pak rupee) per acre compared to Rs50,000 in Pakistan. In addition, the Indian government acquires cotton if the price falls below minimum rate, he said.
“The Indian federal government is providing cotton from its supplies. It is not in the hands of farmers or ginners,” Mr Mal stated while demanding minimum support price on the lines of wheat as well as sugarcane for cotton.
“We are not sustained by the federal government because 85pc farmers have just 12 acres of land. Small farmers have no lobby in Islamabad to obtain defense,” he stated.
At the same time, speaking with Dawn, cotton brokers stated that India was not offering lint at low cost and also rather was pricing estimate 80 to 81 cent per pound which coincides as global cost. Top quality US cotton is currently readily available at 84 to 85 cent per pound, brokers stated.
“The federal government’s decision not to import cotton from India has actually not changed the prevailing cotton price in the country. The import of cotton, if permitted, will certainly not transform the prices,” stated Mr Nasim Usman, the chairman of Karachi Cotton Brokers Online Forum.
Right now when sowing is starting in Sindh and also Punjab, import of Indian cotton might disappoint regional farmers and a significant shift might occur. The farmers would leave cotton as well as choose sowing sugarcane, maize and various other plants considering that the previous year was damaging for growers due unfortunate rain, parasite assault as well as bad yield, Mr Usman explained.
The rewriters were currently versus the import of cotton as well as cotton thread from India.
In a recent statement, Chairman All Pakistan Textile Mills Organization, Sindh & Balochistan Zone Asif Inam opposed any type of import from India unless and up until the existing disputes are not settled. He strongly opposed the suggestion for import of cotton thread from India that could paralyze the local rotating industry.
At the same time, the value-added market revealed its frustration and claimed that exporters would not be able to fulfill international orders. The field likewise advised that the exports might not attain the target due scarcity of the cotton thread. Nonetheless, neighborhood thread manufacturers deny the lack of this resources in the country.