Home / Knowledge / News / Textiles / Producers seek increase in premium on cotton seeds from Govt
Producers seek increase in premium on cotton seeds from Govt
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

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Madhu Jain
Madhu Jain

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

Yash P. Kotak
Bombay Hemp Company

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

Pranav Mishra

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

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

March 2017

March 2017

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


Browse Our Archives


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