Home / Knowledge / News / Textiles / Burkina Faso cotton growers to get lower price for produce
Burkina Faso cotton growers to get lower price for produce
Apr '13
The minimum support price for cotton growers in Burkina Faso has been reduced by 10 CFA francs per kg for the current season, Interprofessional Cotton Association of Burkina Faso (AICB) has said.
Following the reduction in prices, farmers would now get 235 CFA francs per one kg of first grade cotton, against last season’s 245 CFA francs per kg.
The minimum price for second grade cotton would be 210 CFA francs per kg.
Addressing a press conference, Salif Compaore, director general of Cotton Society Gourma (SOCOMA), a member of the AICB, said they were able to decide on new reduced price due to Government grant, and efforts of industry stakeholders and cotton firms.
Mr. Compaore said fall in global cotton prices that started in August last year, formed the basis for reducing the cotton procurement price this year.
In spite of a fall in procurement price, AICB expects Burkina Faso’s cotton harvest to reach 730,000 tons during 2013-14 season. 
In 2012-13 season, Burkina Faso produced 630,000 tons of cotton, 51 percent more than 417,000 tons of cotton produced in the previous season.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

The new OJ 59/1 B. Courtesy: Karl Mayer

Textiles | On 7th Dec 2016

Karl Mayer unveils new LACE.EXPRESS model for apparel

Germany’s leading textile machinery firm, Karl Mayer, has launched a...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search