Cotton Price in Pakistan

Cotton is grown every year in Pakistan and is considered as an important agriculture crop. This crop not only plays its role in meeting the needs of the country but it is also considered important in the development of the country. Millions of farmers grow this crop and sell it to government agencies. Cotton prices in Pakistan are influenced by the government and its prices are set according to the market trend. If we look at the latest prices of Cotton, it is currently between 6000 to 9000 Pakistani rupees (40 kg). There are many aspects of this crop that affect its productivity and value. In today’s article we will not only understand the impressive aspect of this crop but also know the price of this crop in different cities.

Cotton Price Overview in Pakistan

Punjab province is the most important province in Cotton production and ranks first in terms of production followed by Sindh and KPK and Balochistan. According to government data, Punjab alone contributes 70% of its production to the cultivation of this crop. The most important reason for this is the land and climate of Punjab which is considered beneficial in growing this crop. Cotton is also known as white gold and is most commonly used in the textile industry.

Pakistan is among the top 10 cotton producing countries in the world. Like all over the world in Pakistan its price fluctuation is an important factor and on this basis it is bought every year. With overproduction, its prices have fallen across the world and farmers who grow it bear the brunt of the losses. For farmers planning to grow this crop for the coming year, it is important to look at all the costs as well as the prices.

Cotton Rate in Punjab Today

In Punjab today the price of cotton is between Rs 6000 to Rs 8000 per 40 kg. Similarly, the price of 1 kg of cotton is between Rs.200 to Rs.230. Prices are always seen to be more stable in Punjab mainly because it has a large share in the country’s production. The Punjab government provides resources for the cultivation of this crop every year keeping in mind the importance of farmers’ profits. The aim of these initiatives is to contribute to national development.

Prices are quite stable in most cities of Punjab. It is important to note that there is a slight difference in prices across cities and this is largely due to costs. Punjab and the federal government have built godowns for the purchase of cotton where it is bought and sold.

Cotton Rate in Sindh Today

Compared to Punjab, Sindh has only 20% share in cotton production and that is the reason why there is a big difference in its prices in Sindh. Today, the price of cotton in Sindh is 6500 to 9000 rupees per 40 kg, while the price of one kg of cotton is between 220 to 240 rupees.

The land of Sindh province is considered less suitable for cotton production, which is why its productivity is decreasing. However, in Sindh province, the government takes many measures to keep its prices stable, but the increase in its demand increases the price of cotton.

Cotton Rate in KPK Today

KPK is at the bottom in terms of cotton production and is cultivated in fewer areas. The price of cotton in Khyber Pakhtunkhwa today is Rs 6,800 to Rs 9,000 per 40 kg while the price of one kg of cotton is between Rs 230 to Rs 250.

Cotton Rate in Balochistan Today

Similar to KPK province, Balochistan also has a very low percentage of cotton production. The price of cotton in Balochistan today is Rs 6,900 to Rs 9,500 per 40 kg while the price of one kg of cotton is between Rs 240 to Rs 250.

Factors Affecting Cotton Prices

Controlling cotton prices has many aspects that can increase farmers’ profits. Supply and demand is the most prominent in this category. If cotton production does not meet demand, prices are affected sharply. Next, the most important aspect is the weather conditions as excessive rainfall and drought affect the crop which increases the prices.

The third most important aspect in cotton cultivation is to protect the crop from diseases and pests. To control this disease, the farmer must spray his crop from time to time. Government policies also play a major role in influencing prices. If all the above mentioned aspects are controlled by the government then surely it will not only improve the production but also facilitate the stabilization of prices.

Conclusion

The price of cotton in Pakistan is considered important for any farmer and it is also important for the government and buyers. Every year the government gives relief to the farmers through its measures in this matter but timely measures need to be taken to overcome the growing challenges.