Togo launched the 2022-23 cotton commercialisation campaign last week in Korbongou in Savanes region. The Nouvelle Société Cotonière du Togo (NSCT), which will mobilise the logistics required to ensure efficient collection from and rapid payment to cotton farmers, has projected sales of 52,000 tonnes of cotton, mostly produced in the 2021-22 season.A kilogram of cotton will be sold for CFA300, as was decided in April this year.
Togo launched the 2022-23 cotton commercialisation campaign last week in Korbongou in Savanes region. The Nouvelle Société Cotonière du Togo (NSCT), which will mobilise the logistics required to ensure efficient collection from and rapid payment to cotton farmers, has projected sales of 52,000 tonnes of cotton, mostly produced in the 2021-22 season.
Despite having been taken over by Singapore’s food and agri-business enterprise Olam, Togo’s cotton industry still struggles, a report in a Togolese newspaper said.
According to the ministry of agriculture, the country produced 50,463 tonnes of cotton in the 2021-22 season. This was far behind the expected output of 130,000 tonnes and even lower than the 66,000 tonnes produced in the season before.
ALCHEMPro News Desk (DS)