Home breadcru News breadcru Cotton breadcru Mali's 2013-14 cotton arrival close to forecast

Mali's 2013-14 cotton arrival close to forecast

28 Mar '14
2 min read

Mali, a landlocked country in Western Africa, has already received 96.88 percent of the amount of cotton forecast for the ongoing season 2013-14 by the Malian Company for the Development of Textiles (CMDT), according to a Mali Jet report.
 
In April last year, CMDT had estimated the country’s cotton production for the 2013-14 season at 500,000 tons. However, this figure was lowered in October 2013 to 436,000 tons on the basis of ground conditions.
 
CMDT lowered the estimate of cotton production due to late onset of the rainy season, because of which cotton sowing was made in July instead of the normal mid-May.
 
According to the CMDT data, by March 18, 2014, around 423,000 tons of cotton have arrived at various cooperatives and ginning factories, which is around 96.88 percent of the revised forecast.
 
Mali is currently the second-largest producer of cotton in Africa, next only to Burkina Faso, which produces over 500,000 tons of cotton annually.
 
At present, cotton growing in Mali is also being impacted by poor soil. In its effort to address the problem, the Government of Mali is currently developing a soil fertility map and is also correcting soil acidification, which needs large investment.
 
Another challenge being faced by the Malian cotton sector is value-addition. At present, only 1-2 percent of the cotton grown in the country is processed locally, and the remaining gets exported.
 
For the next season 2014-15, CMDT is hoping that the country’s cotton output would increase to 525,000 tons.
 
The Malian Government created CMDT in 1974 to oversee the production and marketing of Mali’s cotton. It is based in Bamako and has several production sites throughout the country, in particular at Koutiala and Fana.
 

Fibre2fashion News Desk - India

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!