March, 21, 2023
Cotton arrival declines

Cotton arrival declines 41% || Shadab rescue Pakistan

Cotton arrival in Pakistan decreased 41% year-on-year, showed the latest fortnightly data released by the Pakistan Cotton Ginner’s Association (PCGA) on Thursday

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According to the report, the total occurrence of cotton in Pakistan decreased to 3.708 million bales as on November 1, 2022 compared to 6.257 million bales in the same period last time, a decrease of 2.549 million bales or 41.Declines to 3.708 million bales as of November 1, 2022.

The decline in cotton is attributed to Pakistan’s lightning storms, which have devastated large swaths of the country’s agricultural land, particularly in Sindh and Balochistan.

“In Pakistan, profitable terrain is challenging due to cataract damage. The breeding sector has been particularly hard hit by the devastation caused by cataracts and, with forward-looking cooperation, this impact will spill over into other thrift sectors, changing the overall outlook for profits,” the Treasury said. in its latest “Monthly Economic Update and Outlook for October”.
Meanwhile, according to PCGA data, cotton arrivals reported a substantial decline from Sindh.

As of November 1, a decrease of 1.687 million bales or 51. On a year-on-year basis, cotton appearance increased by 18 compared to 1.391 million bales arrived 1 .October.
Also, appearance of cotton in Punjab reached 2.072 million bales compared to 2.935 million bales reported in the same period last year, a decrease of 29. Still, on annual basis, appearance of cotton saw a significant increase of 34 compared to October 1 to reach 1.546 million bales.

Industrialists have expressed concern over the loss of the cotton crop that has been inundated by cataracts.
Earlier, the Hyderabad Chamber of Commerce and Industry (HCCI) said in a statement that due to the damage caused to the cotton crop, a space of 5 million bales is expected in the sector. A total of $2 billion could be required to import the needed bales of cotton at a time when the country is facing extreme foreign exchange reserves.

SYDNEY: Iftikhar Ahmed and Shadab Khan rescued Pakistan with a superb 82-run partnership as their side set South Africa 186 to win their crucial Twenty20 World Cup Group 2 clash on Thursday.


Iftikhar, who had Pakistan in big trouble at 43-4 at the Sydney Cricket Ground, scored 51 off 35 balls and Shadab 52 off 22 as Pakistan finished their innings on 185-9.

Pakistan, who must win this match to have any chance of reaching these semi-finals, looked headed for a certain early exit as the South African confluence attack tore through the top order.
The palm for South Africa advances them to these semi-finals.

However, Iftikhar held firm and was involved in a 52-run partnership with Mohammad Nawaz before he and Shadab took the South African attack to pieces, taking the score from 95-5 to 177-7.
South Africa got off to a great start with Wayne Parnell striking with the third ball of the match as Mohammad Rizwan sliced ​​the ball to pieces after trying to slide the ball down the gully.

Coming into the side for the injured Fakhar Zaman and playing only his alternate T20 international, Mohammad Haris showed his intent incontinently, smashing Kagiso Rabada for two huge sixes and a four.
He struggled for 28 off 11 balls before being caught by Anrich Nortje with Pakistan 38-2.

Out-of-form runaway captain Babar Azam was about to depart, caught by Rabada in the deep off Lungi Ngidi for a silly six, leaving Pakistan reeling at 40-3.
The Pakistanis looked low on confidence and were further rattled when Shan Masood bowled Nortje’s slower ball Temba Bavum at mid-on for three runs recently.

But Iftikhar and Nawaz rebuilt Pakistan’s innings until Tabraiz Shamsi made a crucial breakthrough when he caught Nawaz lbw for 28.
Haris replaces injured Zaman for Pakistan in T20 World Cup

Nawaz appeared to have the bottom edge but did not review the decision and South Africa were back on top at 95-5 after 13 overs.
But Iftikhar and Shadab also launched a spectacular counter-attack – to the delight of boisterous Pakistani goons – as light carrion began to fall over the SCG.

The innings ended in a blur of catches, not all successful as Pakistan fielded a competitive aggregate.

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