* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, September 21, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

    Lara Beitz to headline Oshkosh show with top comedians at Time Community Theater Sept. 27 – Yahoo

    Lara Beitz to Headline Star-Studded Oshkosh Comedy Night on September 27

    Shakespeare (with a twist) in Grand Junction – Yahoo

    Experience Shakespeare Like Never Before in Grand Junction

    Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

    Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Analysts Offer Insights on Technology Companies: Avnet (AVT), Nvidia (NVDA) and Atlassian (TEAM) – The Globe and Mail

    Experts Share Key Insights on Avnet, Nvidia, and Atlassian’s Future Prospects

    Top Technology Executives Recognized at the 2025 Carolina CIO ORBIE Awards – Yahoo Finance

    Celebrating Excellence: Top Technology Executives Honored at the 2025 Carolina CIO ORBIE Awards

    Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

    Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

    Lara Beitz to headline Oshkosh show with top comedians at Time Community Theater Sept. 27 – Yahoo

    Lara Beitz to Headline Star-Studded Oshkosh Comedy Night on September 27

    Shakespeare (with a twist) in Grand Junction – Yahoo

    Experience Shakespeare Like Never Before in Grand Junction

    Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

    Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Analysts Offer Insights on Technology Companies: Avnet (AVT), Nvidia (NVDA) and Atlassian (TEAM) – The Globe and Mail

    Experts Share Key Insights on Avnet, Nvidia, and Atlassian’s Future Prospects

    Top Technology Executives Recognized at the 2025 Carolina CIO ORBIE Awards – Yahoo Finance

    Celebrating Excellence: Top Technology Executives Honored at the 2025 Carolina CIO ORBIE Awards

    Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

    Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

Cotton’s fall from the top

June 24, 2024
in News
Cotton’s fall from the top
Share on FacebookShare on Twitter

There was a time when Pakistani cotton was plentiful, internationally competitive, and an excellent investment for farmers. This low-cost and low water consumption crop was in demand both domestically and internationally. And why would it not be? Pakistan had a thriving textile business that exported to major international markets such as the Gulf, Europe, and the Americas, with many millers having major international clothing brands as clients.

But the glory days are a thing of the past. Just last week two stories hit the newsstands that paint a bleak picture of Pakistan’s largest export oriented sector. First, this paper’s sister publication, Profit, reported on multiple textile millers selling their machines to foreign countries because they were sitting by turning into scrap. There simply isn’t enough demand or enough cheap energy for them to produce yarn as they once did. The second story was about how cotton ginners across the country have gone on an indefinite strike to protest against new taxes and an “exorbitant” rise in the power tariff for ginning units.

There was once a time when textile was the undisputed King of Industries in the country. The country had a steady domestic supply of high grade cotton and plenty of clients not just in the Gulf but also in Europe and the United States that relied on Pakistan’s ability to produce clothes fast and export them. It is no wonder then that textiles are still the largest export oriented sector in the country. In fact, 2005 marked a milestone year for Pakistan with GMO cotton seeds being introduced in the country, and the highest ever recorded cotton production of over 1.4 crore bales.

But in the nearly twenty years since, something has gone wrong. Here is a sobering fact. Two decades ago, Pakistan’s cotton was in demand globally. However over those 20 years, countries such as Bangladesh, Vietnam and Cambodia have all surpassed Pakistan. In 2003, when Pakistan’s textile exports were $8.3 billion, Vietnam’s textile exports were $3.87 billion, Bangladesh’s were at $5.5 billion. Now Vietnam is at $36.68 billion and Bangladesh is at $40.96 billion, while Pakistan is struggling to hit $25.3 billion in 2022.

The reasons for this are manifold. Perhaps most significant in contributing to this was the energy crisis of 2008, which ended in the number of textile mills operating in the country falling from about 450 units in 2009 to 400 units in 2019. It was in this vacuum that countries like Bangladesh and Cambodia made their own space.

In the past few years there has been something of a small recovery thanks to Covid-19, where an anomaly of international trade meant Pakistan’s textiles were back in demand and farmers were also growing cotton. But that has proven a mere blip. In the year 2023, despite textile manufacturers making big bucks, textile exports in terms of volume actually dipped by 15% to $16.5 billion.

Until the government controls high energy prices and encourages the growth of cotton over water guzzling crops like sugar, the situation is not likely to improve.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Pakistan Today – https://www.pakistantoday.com.pk/2024/06/24/cottons-fall-from-the-top/

Tags: Cotton’snews
Previous Post

LNG and dark fleet emerge as salient points of EU’s new raft of sanctions against Russia

Next Post

Azm-e-Istehkam to include political, diplomatic, legal and information prongs; says PM Office

Noah Lyles is king again after storming to another 200m world championship crown – ESPN

Noah Lyles Reigns Supreme with Another Stunning 200m World Championship Victory

September 21, 2025
Ian Bremmer: Russian economy would ‘collapse’ if oil purchases stopped – Fox Business

Ian Bremmer Warns: Russian Economy Faces Potential Collapse Without Oil Revenue

September 21, 2025
Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

September 21, 2025
Josh Shapiro says Harris is ‘going to have to answer’ for why she never raised concerns over Biden’s health – Fox News

Josh Shapiro Urgently Calls on Harris to Explain Silence Over Biden’s Health Questions

September 21, 2025

Minnehaha Republicans grapple with political divide while mourning Charlie Kirk – Argus Leader

September 21, 2025

Physicists Propose a ‘Neutrino Laser’ Straight Out of Science Fiction – ScienceAlert

September 20, 2025
Petrichor, the Smell of Rain, Has A Lot of Science Behind It – Discover Magazine

Petrichor, the Smell of Rain, Has A Lot of Science Behind It – Discover Magazine

September 20, 2025
Equity Lifestyle Properties, Inc. (NYSE:ELS) Receives Average Rating of “Moderate Buy” from Brokerages – MarketBeat

Equity Lifestyle Properties Earns “Moderate Buy” Consensus from Top Brokerages

September 20, 2025
Analysts Offer Insights on Technology Companies: Avnet (AVT), Nvidia (NVDA) and Atlassian (TEAM) – The Globe and Mail

Experts Share Key Insights on Avnet, Nvidia, and Atlassian’s Future Prospects

September 20, 2025
Cincinnati Reds star Elly De La Cruz breaking out just in time? – Yahoo Sports

Is Cincinnati Reds Star Elly De La Cruz Poised for a Breakout?

September 20, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (828)
  • Economy (849)
  • Entertainment (21,728)
  • General (17,150)
  • Health (9,892)
  • Lifestyle (861)
  • News (22,149)
  • People (852)
  • Politics (859)
  • Science (16,059)
  • Sports (21,348)
  • Technology (15,831)
  • World (833)

Recent News

Noah Lyles is king again after storming to another 200m world championship crown – ESPN

Noah Lyles Reigns Supreme with Another Stunning 200m World Championship Victory

September 21, 2025
Ian Bremmer: Russian economy would ‘collapse’ if oil purchases stopped – Fox Business

Ian Bremmer Warns: Russian Economy Faces Potential Collapse Without Oil Revenue

September 21, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version