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Cotton prices continue to decline in Pakistan market

Related Keywords: cotton farmers, Cotton market, cotton prices, international cotton price, Pakistan Cotton Ginners Association, Pakistan cotton industry, phutti, price stability, Sindh region

Pakistan cotton prices ranged between Rs2,600 to Rs2,800 only for a brief period last month in lower Sindh region due to early picking and peaked at Rs3,200. After that the cotton prices continued to decline in Sindh while the picking of the crop would end latest by early next month.

Farmers get Rs2,400 per 40kg whether they sell phutti to middlemen or ginners directly. A major chunk of crop has been sold, and by mid October the remainder will be cleared by peasants in upper Sindh region which witnesses late sowing.

Rise in world consumption of cotton to boost local cotton industry in Zimbabwe

Related Keywords: cotton farmers, ICAC, international cotton price, Polyester price, World cotton consumption, Zimbabwe Farmer, Zimbabwean cotton industry

The increase in world consumption of cotton likely to bring revival in the Zimbabwean cotton industry as the cotton farmers are expected to benefit from the anticipated world demand since the development is set to boost the current cotton prices.

According to the International Cotton Advisory Committee (Icac) an association of governments of cotton producing, consuming and trading countries, with polyester and cotton prices converging, world consumption of cotton is forecast to increase by 5% to 24,5 million tonnes in 2014/15.

Maharashtra's cotton farmers in trouble over erratic rains and surplus cotton in international market

Related Keywords: Chinese government, cotton belt, cotton sowing, cotton stockpiling policy, crop-subsidy programme, erratic rains, international cotton price, Maharashtra farmers, surplus cotton, Vidarbha farmers

Farmers in Maharashtra’s cotton belt forced to sow their fields a number of times due to erratic rains which has increased individual debts, as farmers who exhausted their institutional credit have borrowed money from informal moneylenders to finance the replanting of fields, raising the spectre of further deaths around harvest time.

Recent reports suggest the rainfall deficit in Maharashtra's cotton belts of Vidarbha and Marathwada has widened; Marathwada is now facing a 60 percent deficit, while the shortfall in Vidarbha is 23 per cent.

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