Home / Knowledge / News / Textiles / Producers seek increase in premium on cotton seeds from Govt
Producers seek increase in premium on cotton seeds from Govt
14
Aug '08
Basri Özçoban, Chairman of The National Cotton Council of Turkey, stated that in regard to the domestic and international prices and costs, the premium on cotton seed should be specified as 50 Ykr/kg.

Last year, the prices of fertilizers rose 100 % and the fuel oil prices increased 30%. When considering the 'marginal payment' support system, which was regulated for supply-deficit products in the Agricultural Code Nr.5488, the premium on cotton seed for 2007 should have been at least 50 Ykr/kg

Özçoban said: “The Premium specified for 2008 will determine the future of Turkey's cotton production. Either cotton will be kept on planting or with this decision the final countdown of the decreasing cotton production will begin.

Özçoban noted, “Cotton, which is a vegetative raw material of textile, has a considerable role in both Turkey's and the world's agricultural industry and trade. Although cotton is a strategic product for Turkey, the production rate declines in our country year by year. There is a decline of 20 % in the plantation areas in the business year 2007/2008, which also seems to continue for the season 2008/2009.

Without more public support, cotton will lose its competitiveness. More than half of the cotton consumption of Turkey is covered through import, which increased 2.5 times since 2000. Despite the increase in textile export, the value of YTL and the high input costs forces the textile industry to tent with each year more and more to import. We assume that import will be about 1 million tons this year.

Cotton is not only a problem for certain areas, but it is a problem that matters the whole country. A recession in cotton production also covers the textile industry and affects our international competitiveness. There should be taken urgent steps to increase cotton production. Farmers should be supported more.

As it is also the policy of the Ministry of Agriculture, farmers who grow supply-surplus products should be successfully directed to supply-deficient products. In regard of this, additional premiums should be given and this premium should be announced at least 50 Ykr/kg for 2007.“

TARIS Cotton and Oil Seeds Agricultural Sales Cooperatives Union


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search