Cotton seed price for the current 2010-11 crop season has been fixed at E4.90 per kg.
Minister of Agriculture, Clement Dlamini announced this rise in seed cotton prices, from E4.60 per kg to E4.90 per kg.
The Minister accepted the fact that there was a delay in announcement, but said that he is happy that ultimately the seed growers know what exactly their produce would earn them this season.
Though, he said that, the farmers would have welcomed early declaration of the prices, but it was not easy to do so in consideration of sizeable changes in cotton prices.
He expressed hope that, the farmers would value the efforts initialized by the government through the Swaziland Cotton Board for boosting country's cotton productivity.
Further, while acknowledging the accomplishments of the Swaziland Cotton Board, he applauded the efforts that the Board had put in getting a ginnery in 2008. This ginnery presented the cotton cultivators a market to sell their produce; he said and added that, he even wanted to underline the successful execution of the existing cotton production strategy.
Dlamini even announced that the cotton cultivators can now directly sell their lint cotton produce to a domestic textile firm, Spintex Textile Company, which has undertaken to provide a market to the domestic cultivators.
Besides, he even persuaded the farmers to employ extra efforts to meet the company's overall lint cotton requirement, as establishment of this firm has guaranteed a market for domestic cotton.
He also stated that, though he is aware that the country's cotton production is on a rise for last three years, but still the farmers are nowhere close even to satisfying the demands of the domestic textile industry.
Fibre2fashion News Desk - India