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Successful model for African farms by Qingdao cotton company

Related Keywords: agribusiness company, cotton importer, fiber, Textile Industry, unginned cotton, weaving and clothing, yarn

China is the world's largest cotton importer, bringing in over 1.1 million tons last year. Ruichang Tech operates in several African countries and has an annual output of at least 100,000 tons of unginned cotton - before the fiber is separated from the seeds and waste material - and 1,200 tons of cotton yarn. Every ton is shipped to China as raw material for the textile industry.

Mali set target to produce 800,000 tonnes of cotton per year by 2018

Related Keywords: CMDT, farm gate prices, improved farm input, input subsidies, lower price of fertilizers, Mali targets to produce cotton, motivate farmers, people grow cotton, plans to invest, state owned textile development firm, UNDP, unginned cotton

Mali, Africa's third biggest gold producer behind South Africa and Ghana, also counts cotton as one of its main exports. The head of the state-owned textile development firm CMDT on Thursday said that Mali plans to produce 800,000 tonnes of unginned cotton per year by 2018 after output surged by more than a quarter in the 2014/15 season on the back of improved farm inputs.

The government increased input subsidies and lowered the price of fertilizers, this significant grant from the state gave a lot of momentum to cotton production.

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