Home / Knowledge / News / Textiles / Cotton prices rise due to low output
Cotton prices rise due to low output
15
Sep '09
The cotton crop is expected to be 30 percent less than last year, leading to an increase in prices, since most farmers shifted to more remunerative crops in recent years.

As per tradition, cotton traders pay advances to the farmers and book the cotton even before harvesting. The biggest fall in production has been reported from the cotton hub of
Cukurova.

Area under cotton cultivation has fallen by 25-30 percent in recent years, which has led Turkey to import cotton from countries like India and Pakistan.

Before 2009, the textile sector was growing at a furious pace, leading to an increase in demand for the white gold, ultimately leading to a rise in prices.

Turkey used to be a leading exporter of cotton to the world, but, as a result of wrong policies, Turkey's cotton exports have fallen to 1 million tons in recent years.

Prices have increased by TL 1 per kg, which brings good tidings for cotton farmers and could lead to a renewal of interest once again amongst other farmers.

Low output and a competition among cotton traders to purchase the new cotton crop is also helping the increase in prices, ultimately benefiting the farmers.

Fibre2fashion News Desk - India


Must ReadView All

China reportedly cancels trade talks with US, Liu He visit

Apparel/Garments | On 22nd Sep 2018

China reportedly cancels trade talks with US, Liu He visit

Washington is reportedly positive about arriving at a solution to its ...

AmCham Cambodia cautions US against possible sanctions

Apparel/Garments | On 22nd Sep 2018

AmCham Cambodia cautions US against possible sanctions

In a letter to US lawmakers, the American Chamber of Commerce...

Courtesy: ycloset

Apparel/Garments | On 22nd Sep 2018

Alibaba invests in clothes sharing platform Ycloset

Chinese garment sharing platform YCloset has completed an undisclosed ...

Interviews View All

Asim Dalal, Indo Count Retail Ventures

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Top executives, Textile industry

Top executives
Textile industry

Denimsandjeans India 2018

Akash Khetan, Narayan Tex Fab

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Sandip Bhojani, Manthan Patel,

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Urmil Arya,

Urmil Arya

Sushila International, a well established textile organisation established ...

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Johan Berlin, Investkonsult Sweden AB

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Melissa Tate, University of New South Wales

Melissa Tate
University of New South Wales

<div><div><div><div><b>Melissa Tate</b>, a well-known scientist currently...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

Leave your Comments


September 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search