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Malawi cotton farmers reap bonanza
24 May '11
1 min read
Cotton output in Malawi is expected to climb from 29,000 tons last year to 58,000 tons this season.
At the same time Malawi cotton farmers are also reaping a bonanza.
Cotton or the white gold as it is referred to, is selling at more than double the minimum support price recommended by the government.
Against a support price of 75 kwacha or 50 US cents, farmers are selling their cotton at 190 kwacha ($1.26).
At the same time Malawi cotton farmers are also reaping a bonanza.
Cotton or the white gold as it is referred to, is selling at more than double the minimum support price recommended by the government.
Against a support price of 75 kwacha or 50 US cents, farmers are selling their cotton at 190 kwacha ($1.26).
Fibre2fashion News Desk - India
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