Following the rise in the global prices of cotton from US $1.40 per kg to US $5.05 per kg at present, the Cotton Producers and Marketers Association of Zimbabwe has requested the cotton cultivators to not to sell their produce for a price below $2 per kg.
Morris Mukwe, Vice Chairman of the Association said that, they were looking forward to the Cotton Ginners Association (CGA) to agree to the prices demanded by the cotton cultivators, or they would urge the government to allow more independent buyers in the market, in order to save the farmers from being exploited.
Initially, the cotton cultivators undertook plantation by procuring the inputs from contractors, but as the country was hit by the mid-season droughts which devastated the crops, the farmers re-planted their crops with inputs provided by the President.
Mukwe thus persuaded the farmers to not to accept payment in parts, but to demand the entire payment at once, as it has been learnt from the past experiences that the buyers never adhered to their promises of paying the balance sum.
The cotton industry stakeholders are currently convening talks with the farmers' representatives so as to ensure that the cotton farmers at least get a minimum price of US$2.30 per kg for their produce.
Fibre2fashion News Desk - India
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