• Linkdin
Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow
         Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow

Uzbekistan offers 600,000 tons of cotton fibre for sale

19 Oct '10
1 min read

Intending to capitalize on escalating international cotton prices, the world's third largest cotton exporter, 'Uzbekistan' has offered 600,000 tons of cotton fibres for sale from this year's total cotton production, informed the Central Asian State's Ministry for Foreign Economic Relations.

During the inauguration of the Central Asian's state annual cotton fair, the Prime Minister of the country Mr. Shavkat Mirziyayev flaunted the cotton output of the country. Officials expected to settle export deals worth $500 million.

The country is planning to reduce the volume of raw cotton exports in a bid to offer a boost to the domestic cotton industry by processing up to 70 percent of the ouput by the year 2015, added Mr. Mirziyayev.

This year, Uzbekistan has acquired a favorable position in the market compared to the other cotton exporting countries, which had witnessed poor cotton harvest. China, Bangladesh, Iran, Pakistan and Russia are the major importers of Uzbek cotton. Uzbekistan ranks sixth among the world's largest cotton producers. It produces an average of around 3.5 million tons of raw cotton.

Fibre2fashion News Desk-India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search