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

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search