Home / Knowledge / News / Textiles / Cotton farmers demand remunerative prices
Cotton farmers demand remunerative prices
16
Dec '08
The cotton farmers of the country are holding the government and cotton ginning factories responsible for the low rates that are being offered to them for the raw cotton grown in their fields. The current rate offered to them is Rs 1,300 per 40 kg; while they allege that as per the international market conditions it should be at least Rs 1,900 per 40 kg.

In the beginning of the cotton season, prices were ruling at Rs 1,900- 2,000 per 40 kg, but have now slid to the current levels due to the negligence of the government, the farmers contend. They have demanded of the government that it should immediately start purchasing raw cotton from the farmers as they are still holding on to large stocks due to the low prices prevailing in the markets.

Experts are attributing the slide in prices to the low global cotton prices prevailing in the international markets and also due to the slowdown in demand from the textile mills that have switched over to producing or have increased quantities of man-made fibres in their production batches as duties on polyester fibres have been brought down.

They also add by saying that a lot of textile mills have either reduced their operating capacities or have completely closed down which is also affecting the prices of cotton.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd Mar 2017

UK's National Living Wage to be £7.50 from April 2017

The National Living Wage in the UK for workers aged 25 and above is...

Textiles | On 23rd Mar 2017

Trutzschler launches Toyota-Truetzschler comber machine

Trutzschler, one of the world's leading textile machinery...

Jeff Bezos (L) and Amancio Ortega. Courtesy: Forbes

Apparel/Garments | On 23rd Mar 2017

Amazon founder Jeff Bezos is world's 3rd richest man

The biggest gainer and the third richest man on the Forbes' 31st...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Eric Scholler
Groz-Beckert

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

news category


Related Categories:
March 2017

March 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