Home / Knowledge / News / Textiles / Uzbek farmers deprived from acquiring better cotton prices
Uzbek farmers deprived from acquiring better cotton prices
10
Nov '10
The maximum growth of cotton prices in the international market to over $1.2 per pound, recorded late last month, are not expected to benefit the cotton farmers in Uzbekistan.

The state decides cotton prices at the beginning of every year and the wages for cotton picking are fixed just before the harvest starts.

The farmers are legally forced to deliver their harvest to a local gin, under the country's compulsory system of state procurement. The collected cotton fibres are then mechanically separated from the seeds and are prepared for export.

As per the state law, cotton growers have to sell their cotton at a price fixed by the government to the state-controlled company – Uzkhlopkoprom, which operates all the cotton gins of Uzbekistan.

Officially, the farmers should be given one-third of the global market price. But in reality, most of the farmers are paid even less and sometimes as low as one-tenth of the global market price, as their high-grade cotton is mostly judged as that of low quality when it is collected by Uzkhlopkoprom.

Fibre2fashion News Desk-India

Must ReadView All

Textiles | On 30th Mar 2017

Lok Sabha approves 4 supplementary GST legislations

The Lok Sabha has approved four supplementary Goods and Services Tax...

Courtesy: Shopper Stop

Apparel/Garments | On 30th Mar 2017

Contactless payments at Shoppers Stop

India's leading fashion retailer Shoppers Stop has entered into a...

Textiles | On 30th Mar 2017

Cotton target price kept unchanged in Xinjiang

China’s National Development and Reform Commission (NDRC) has kept...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Karan Arora
Karan Arora

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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
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