Price Negotiations Between Cotton Producers And Cotton Mills In Zambia Are Deadlocked.
Recently, Zambia cotton Between manufacturers and cotton mills on this year cotton Negotiations on the lowest price are deadlocked again. Cotton growers hope to sell at 3000 kwac / kg (1 kwac check, about 0.00019 US dollars), while cotton mills only offer 2000 kwac / kg.
The cotton price in Zambia last year was 3200 kW / kg, the output was 142 thousand tons, and the cotton output this year reached 286 thousand tons. The chairman of the Zambia cotton growers association said the price of cotton mills was unfair, far below that of neighboring Malawi and Zimbabwe. Once the cotton plant quotes to achieve the transaction, will seriously damage the enthusiasm of cotton farmers, resulting in the future decline in cotton production in Zambia.
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