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Pricing row continues to trouble Zimbabwean cotton sector
18 Jun '12
1 min read
Zimbabwean farmers have reiterated that they would not sell their cotton crop until the ginners agree to give the minimum prices that they are seeking.
While cotton farmers are seeking a minimum price of US$ 0.80 for grade D cotton, ginners are only offering US$ 0.30.
According to cotton growers, the prices offered by the ginners would not even help them recover their production costs.
The efforts made by the Government to settle the cotton pricing row have not reaped any results so far.
Meanwhile, the continuing pricing impasse has delayed the start of the 2012 cotton marketing season, which usually kicks off in April.
Cotton cultivators from all cotton cultivating regions of Zimbabwe, who recently met at a Cotton National Stakeholders’ Roundtable, said they will certainly not sell their crop for the paltry price that the ginners were offering.
They said in view of the production costs incurred by them, the prices offered by the ginners are not at all lucrative and it would only cause them to quit cotton farming.
The farmers are now urging the Government to speed up its efforts to procure cotton at a better price.
Fibre2fashion Newsdesk - India
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