KARACHI, April 4: Phutti arrival from fields into ginneries made a maiden increase of 0.31 per cent for the current season as indicated by figures up to March 31, 2002, released by the Pakistan Cotton Ginners Association (PCGA), here on Thursday.

According to details phutti arrival (up to March 31) crossed 10 million mark as total arrival stood at 10.116 million bales. This remarkable turn-around is more significant from a point of view that current cotton season started with a dismal arrival which was 35 per cent lesser than last year.

Now it could be easily said the latest raw cotton production assessment made by the cotton crop committee at 10.5 million bales has now become more relevant and achievable.

The textile mills being the largest consumers of raw cotton have so far lifted 8.417 million bales, while the TCP procured 215,362 bales and exporters 87,526 bales.

However, a sizable quantity of unsold stocks at 1.396 million bales are still lying with the ginneries who claim to be facing with liquidity problem.