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Fall in Turkish cotton crop to boost import demand

Related Keywords: against US exports, Ankara bureau, antidumping duties, boost import demand, cotton crop fall, international markets, lower returns, make Turkish textile exports more expensive, ongoing anti dumping investigation, Turkish cotton, Turkish product to lose market share, US Department of Agriculture, world second largest cotton buyer

The Turkish cotton to see lower returns compared to other crops such as corn in cotton growing regions seen, the fall in production was the result of lower planting, at 370,000 hectares, down from 430,000 hectares in the previous season according to the Ankara bureau.

The government recently announced that the production bonus paid to farmers was to be raised to 0.65 lira per kilogramme of seed cotton, up from last season's bonus of 0.55 lira. Seed cotton is the unprocessed crop from which cotton fibre is ginned.

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