Home / Knowledge / News / Textiles / Zimbabwe expects cotton output to rise to 110,000 kg
Zimbabwe expects cotton output to rise to 110,000 kg
06
Jun '17
As the cotton marketing season 2017-18 has begun in Zimbabwe, the government is hopeful of production reaching 110,000 kg, compared to output of 30,000 kg last season. Cottco, the country’s sole authorised cotton buyer, has set aside $44 million to buy the crop. Cottco has set up 433 buying points across the country where farmers can sell their produce.

The expected increase in production can be attributed to the steps taken by the government to revive the industry. To boost cotton production, the government provided $36 million worth of inputs free of cost to growers during 2016-17 cropping season.

The government has also taken over Cottco, the cotton company of Zimbabwe, in its effort to re-establish itself as a major player in production of the crop.

During the current buying season, Cottco would initially pay 40 cents per kg, and after grading the crop it will pay grade related additional grade related price adjustment of 15 cents for Grade A, 10 cents for Grade B and 5 cents for Grade D. It will not pay any adjustment price to Grade D cotton.

Thus, cotton growers can expect to receive price between 40 cents per kg to 55 cents per kg depending on the quality (grade) of their cotton, according to Cottco. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Trinity Kubassek from Pexels

Textiles | On 19th Aug 2018

Australian wool production to fall 5.7% in 2018-19

Shorn wool production in Australia is likely to fall by 5.7 per cent...

Courtesy: Next Level Apparel

Apparel/Garments | On 19th Aug 2018

Blue Point Capital recapitalises Next Level Apparel

Blue Point Capital Partners has recapitalised Next Level Apparel, a...

Retailers approaching 100% inventory accuracy: Study

Apparel/Garments | On 19th Aug 2018

Retailers approaching 100% inventory accuracy: Study

With computer vision use cases maturing, Artificial Intelligence (AI) ...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Shivani Swamy

The Livinguard Technology is owned by Green Impact Holding AG based in...

Mr Ambrose Chan
DSG International (Thailand) PLC

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Lynda Kelly
Suominen Corporation

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

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


August 2018

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

news category


Related Categories:

Advanced Search