Zimbabwe's cotton output is expected to increase Textile information - Textile net - Textile integrated service provider

According to forecast of Zimbabwe industry groups, 2017/18 Zimbabwe cotton production is expected to 30000 tons this year's growth. Authorized by the country's only cotton purchasers Cottco has a $44 million fund to buy cotton. It is reported, the government put forward the revitalization of the cotton, cotton farmers in 2016/17 to provide gratis funds invested $36 million production, and took over the company Cottco, makes it the direct government control of cotton buy-out firms. 2017/18, Cottco will with 40 cents per kg of the crop, adjust the price according to the grading test results to pay again, A grade cotton for 15 cents/kg, 10 cents per kilogram class B cotton, grade C cotton 5 cents per kg, D cotton didn't adjust the price. In this way, is expected to sell cotton price is 40 - cotton farmers 55 cents per kg.