Iranian cotton acreage to rise steeply on back of good prices
14 Apr '11
1 min read
In view of the rise in the world cotton prices and the fact that the farmers reaped higher prices for their yield during the last Iranian year that ended on March 20, cotton cultivation acreage in the country is expected to increase by around 25 to 40 percent during the current Iranian year which started on March 21.
Bahram Nazari, Managing Director of Iran Cotton Union said that, the country has harvested around 55,000 to 60,000 tons of cotton cultivated on around 90,000 hectares of area, while rest of the domestic demand would be met through imports.
As stated by Nazari, the country in order to meet its domestic requirement of cotton needs to undertake cotton cultivation on around 130,000 to 150,000 hectares.
Rise in the global cotton price to about five dollars per kg, led the Iranian cotton industry to flourish.
Iran was once the world's leading cotton producer, but decrease in the farmlands and cheap imports of cotton, caused the farmers in the country to get reluctant towards engaging in cotton cultivation, and even lead to sub-standardization of the crop's quality.