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India bans export of cotton to farmers dilemma

India's central government decided to ban cotton exports, resulting in many farmers face a dilemma. Be a huge international market demand for cotton, BT cotton cultivation on the freedom of debate and encourage more farmers to use agriculture to make more money. Therefore, the last three years, a significant increase in cotton acreage.

Although the Government to determine the price per quintal of cotton was Rs 2900, but farmers in the open market selling price is Rs 3500. Now, the ban cotton exports, the price slump of 300-400 rupees. India aims to ban the export of cotton to the domestic market, cotton cool.

However, this ban has little impact on farmers, they have sold about 80% of the cotton.

The impact of the cotton ginning business largely because they hoard a lot of unsold cotton. Karnataka now has more than 500 cotton ginning companies, more than 1,000 cotton business, more than 10,000 commercial cotton commission business.

Karnataka, India as a major cotton growing areas, as well as Gujarat, Maharashtra, Madhya Pradesh and Andhra Pradesh. The state cotton planting area of more than 300,000 hectares. Yield more than 6 million quintals a year processing capacity more than 1.2 million packages (each package weight 170 kg).

Source "China Textile Network"

Analysis: Taytay Editor: Yan Zhu
time:2010/5/20
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