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Turkey’s cotton crop likely to record a fall

 

Turkey’s cotton crop will fall by 17 per cent this season. The fall in production is the result of lower planting which is at 3,70,000 hectares, down from 4,30,000 hectares in the previous season. Rains had also adversely affected during the picking season. There was an increase in support price of cotton this season but the announcement came late, hence had limited effect on farmers’ planting decisions.

The fall in cotton crop is estimated to help boost import demand. Turkey is the world’s second largest cotton buyer. Moreover Turkey has been carrying out an antidumping investigation against imports from the United States. There are fears the investigation may impose retroactive duties on importers of US products. The Turkish textile industry hopes the investigation will be finalised without any anti dumping duties. It feels such a move will make Turkish textile exports more expensive and will cause Turkish products to lose market share in international markets.

Cotton grown in Turkey is of the upland type, whose lint characteristics have proved to suitable for most textile applications. Various attempts to grow long staple cotton have so far produced limited success. Therefore, there will always be a need by the Turkish textile industry to import long and extra-long staple cotton.

Cotton imports have become a necessity for Turkey to meet the increased demand from the booming textile and garment sector.

 

 
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