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Cotton zones hit hard by recent floods | The Express Tribune

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Cotton zones hit hard by recent floods | The Express Tribune



KARACHI:

The cotton crop across key growing zones has been hit hard by recent rains and floods, raising fears that Pakistan may once again fail to achieve its dream of bumper cotton production in the 2025-26 cotton year.

Alongside flood and rain damage, virus attacks have also been reported in parts of Sindh and in Punjab’s cotton belt with underground freshwater reserves. Therefore, the true scale of losses to the cotton crop can only be assessed once the rains and flooding subside.

Cotton Ginners Forum Chairman Ihsanul Haq told The Express Tribune that this year’s cotton season began on a highly encouraging note across all zones of Pakistan, with some areas of Punjab and Sindh witnessing the earliest cotton ginning season in May — the first such occurrence in the country’s history.

Expectations were high that cotton production would rise by 20-25% compared to last year. However, unexpected rainfall, elevated temperatures especially at night, humidity, and virus attacks have hampered crop growth, sparking fears of reduced per-acre yields.

“Punjab’s cotton crop has suffered the most damage, particularly in Bahawalnagar — the province’s largest cotton-producing district — where an estimated 40% of the crop has already been destroyed.”

He said with more rain and floods forecast over the next few days, further losses are expected.

“In areas with underground freshwater, locally known as Kacha lands, excessive cultivation of sugarcane compared to previous years has worsened environmental stress, leaving cotton more vulnerable to virus attacks,” he added.

According to weather forecasts, more rainfall across Punjab and Sindh cotton zones this week, along with flood threats in Rahim Yar Khan and other parts of Sindh, could further harm cotton fields.

Farmers have been advised to keep drainage routes clear so that flood and rainwater does not remain standing in fields for long. Prolonged waterlogging could lead to excessive weed growth and expose crops to armyworm and fungal infections, which may cause greater damage.

He added that due to reduced arrivals of seed cotton, several ginning factories in Punjab and Sindh have gone inactive. Despite limited availability of quality lint, cotton prices have shown a downward trend in recent days, falling from Rs16,500-16,600 per maund to Rs16,200-16,300 per maund, causing concern among both farmers and ginners.

He further noted that reliable national production figures for cotton in the 2025-26 cotton year will only be possible by the first week of October after the full impact of rains and floods becomes clear.

Meanwhile, Federal Commerce Minister Jam Kamal, in a meeting with a large delegation of textile mill owners in Islamabad last week, announced that the government will soon unveil a new five-year textile policy aimed at reducing sectoral challenges and boosting textile exports.



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US economy grows at fastest pace in two years

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US economy grows at fastest pace in two years


The US economy picked up speed over the three months to September, as consumer spending jumped and exports increased.

The world’s largest economy expanded at an annual rate of 4.3%, up from 3.8% in the previous quarter. That was better than expected, and marked the strongest growth in two years.

The figures offer a clearer picture of the state of the US economy heading into the end of the year, after data collection had been delayed by the US government shutdown.

The report showed consumer spending rising by 3.5%, compared with 2.5% in the previous quarter.



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Fish and chip shop offers 100 free Christmas meals in Southampton

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Fish and chip shop offers 100 free Christmas meals in Southampton


“It’s just a way of us giving back to the community,” says a fish and chip shop owner, who is giving away 100 free meals on Christmas Eve.

Raj Khaira, from Southampton, has owned Top Catch fish and chips in Shirley for five years and says he wants to support lonely people in the area.

He says he feels lucky to have a big family but knows for some customers a conversation with a shopkeeper might be the only one they have some days.

He says the shop will give portions of sausage and chips to those in need as a way of “giving back to the people who haven’t got family around them and sometimes can’t afford a hot meal”.

Mr Khaira speaks about working in business all of his life and how much he enjoys meeting “different people every day, from different backgrounds”.

“I’ve done it since I was a young kid so it’s all I really know,” he says.

He adds that many of his customers are elderly and do not have connections over the festive period.

“Christmas for majority of us is probably going to be a joyful and busy day but for some people it’s probably going to be a quiet day,” he says.

After posting about the plans to donate on social media he received a lot of publicity and Mr Khaira is prepared to “probably do more than” 100 meals.

He says the shop has already organised a toy and present drop off to Southampton hospitals this December, with many of the donations coming from customers.

He says: “We’re only where we are as a busy shop because of our community and our lovely customers that come in and sometimes you’ve got to give back and I’m happy to do that.”

Looking back on some of the negative news reported in Shirley earlier this year with the rise in anti-social behaviour in the area, he admits he had suffered.

His shop window was smashed in the summer, but he says: “Christmas time lets us just try and forget that for a minute and just try and have a good time, and reflect back on the year and hopefully next year is going to be a better one.”



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Gold price shines by Rs8,500 per tola – SUCH TV

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Gold price shines by Rs8,500 per tola – SUCH TV



The price of per tola 24-karat gold in Pakistan increased by Rs8,500 on Tuesday, reaching Rs470,862 compared to Rs462,362 on the previous day.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 10 grams of 24-karat gold rose by Rs7,288, climbing to Rs403,688 from Rs396,400 on last day.

Likewise, the rate of 10 grams of 22-karat gold went up by Rs6,681, closing at Rs370,060 against Rs363,379.

In the international market, gold prices increased by $85, reaching $4,485 compared to $4,400 on the previous day.

Meanwhile, the price of per tola silver and that of 10-gram remained stagnant at Rs Rs7,205 and Rs6,177, respectively. International silver prices also remained unchanged at $69.30.



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