Home / Knowledge / News / Textiles / Cotton prices rise due to low output
Cotton prices rise due to low output
15
Sep '09
The cotton crop is expected to be 30 percent less than last year, leading to an increase in prices, since most farmers shifted to more remunerative crops in recent years.

As per tradition, cotton traders pay advances to the farmers and book the cotton even before harvesting. The biggest fall in production has been reported from the cotton hub of
Cukurova.

Area under cotton cultivation has fallen by 25-30 percent in recent years, which has led Turkey to import cotton from countries like India and Pakistan.

Before 2009, the textile sector was growing at a furious pace, leading to an increase in demand for the white gold, ultimately leading to a rise in prices.

Turkey used to be a leading exporter of cotton to the world, but, as a result of wrong policies, Turkey's cotton exports have fallen to 1 million tons in recent years.

Prices have increased by TL 1 per kg, which brings good tidings for cotton farmers and could lead to a renewal of interest once again amongst other farmers.

Low output and a competition among cotton traders to purchase the new cotton crop is also helping the increase in prices, ultimately benefiting the farmers.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ashok Desai
Bombay Textile Research Association

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

Silke Brand-Kirsch
Schlegel und Partner

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Igor Chapurin
Chapurin

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

Ritu Kumar
Label Ritu Kumar

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

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