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Zimbabwe expects good cotton production in 2012-13
14
Dec '12
Zimbabwe may witness a bumper cotton harvest next year, in spite of apprehensions that most farmers would not cultivate cotton this season owing to low prices they received for their crop last year.
 
According to the data from the Cotton Ginners’ Association, about 8,200 tons of cotton seeds have been sold to farmers so far, which is about the same quantity that was sold until this time last year.
 
In 2011-12 cotton season, Zimbabwe produced 340,000 tons of cotton, which shows that the country’s cotton production is back on track to touch the record 1999-2000 production of 353,000 tons.
 
For the 2012-13 season, the Government has estimated cotton production to dip to 283,000 tons, owing to a decline in international price of cotton. Cotton prices in global markets have decreased by nearly 50 percent since last year.
 

Fibre2fashion News Desk - India

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