Related Keywords: announced three percent antidumping, domestic cotton consumption, expected to rise, get ahead in competitive international textile trade, heavy production will reduce imports, increase quality, investing in new machinery, investing in new technology, lower costs, technology, ten year high next year, Turkish cotton industry, Turkish mills, USDA
Turkey's cotton industry have started investing in new technology as the result its domestic cotton consumption is expected to rise to 6.89m 480 pound bales, a ten year high next year and up 115,000 bales from the previous session, the USDA’s official said.
According to the US Department of Agriculture's bureau in Ankara, Turkish textile exports has raised due to increased sales in Europe, as well as thawing relations with Russia.
Political instability among many of Turkey's neighbours is forcing the industry to focus on competing in the European markets.
