Home / Knowledge / News / Textiles / Cotton farmers bag good support prices
Cotton farmers bag good support prices
11
May '11
Cotton farmers in Zimbabwe have reached a win-win solution with the country's registered buyers to end the decade old price war between them.

Although cotton is Zimbabwe's second largest export earner, cotton production had become unviable due to low cotton prices for several years.

However, after the current negotiations cotton growers and ginners have agreed to minimum grade prices of US$ 1.05 per kilogramme (kg) for grade A, US$ 0.96 per kg for grade B, US$ 0.89 per kg for grade C and US$ 0.85 per kg for grade D.

These prices are still less compared to the global lint prices of about US$ 1.70 per kg in January 2011, but much higher than the US$ 0.30 per kg that the farmers received during the past decade. Over 200,000 Zimbabwean farmers will be benefited by these new prices.

It may be noted that the Zimbabwean lint is famous for its top quality and is commonly referred to as Zimbabwe's white gold, which fetches a premium on the international market.

The cotton production in the country, however, is not expected to increase substantially during the current year and the country is expected to produce 270,000 tonnes of cotton, much below its potential of 600,000 tonnes per year.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: BGMEA

Apparel/Garments | On 27th Feb 2017

'Brands & buyers should help Bangladeshi factory owners'

Brands and buyers should come forward to help factory owners in...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: PT Indonesia Taroko Textile

Textiles | On 27th Feb 2017

Taiwan's Lealea to buy Tarako textile plant in Indonesia

Taiwan based textile manufacturer Lealea Enterprise Company, one of...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
February 2017

February 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