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Delegation visits China to promote Brazilian cotton
03
Apr '10
A seminar had been conducted in Qingdao, China on 17th March by the Mato Grosso Cotton Growers' Association (AMPA), which had jointly organized a series of events promoting Brazilian cotton in Asia with Sunrise Resources Limited. Over 80 people marked their presence in this seminar.

AMPA desires direct export of cotton to China, informed Mr. Gilson F. Pinesso, President of AMPA, and is undertaking research on several novel varieties of cotton to reduce the cotton cycle to 30-50 days and help facilitate farmers to double the crop with soybeans, said an advisor to AMPA, Mr. Andrew Macdonald.

Mr. Pinesso further informed that a few of the association members have joined a Geneva based Libero Commodities SA Company, which has been recently established by around 50 farming groups from Brazil's Centre-West region and seeks to reduce the risk and improve its agricultural scale of production.

Mr. Urs Riederer, President of Sunrise Resources Limited forecast the global cotton conditions of coming season. He informed that the overall cotton production across the world in next season is likely to increase by 10.5 percent and reach around 113.5 million bales, and the consumption of cotton would grow to117.84 million bales.

Fibre2fashion News Desk

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