Tuesday, 24 June 2014

Cotton price up as buying season starts

From The Citizen Daily, Dar es Salaam
By The Citizen Reporter

Mwanza. Cotton price has increased from Sh700 per kilogramme last buying season to Sh750 as the new 2014/15 season starts.

Cotton stakeholders agreed on an indicative price for this season which commenced from June 18, 2014, to be pegged at Sh750 per kilogramme of the traditional product, saidMr Gabriel Mwalo, Acting Managing Director for Tanzania Cotton Board (TCB).

The stakeholders included cotton buyers through Tanzania Cotton Association (TCA), Tanzania Cotton Growers Association (TACOGA), Ministry of Agriculture, Food Security and Cooperatives and the Tanzania Cotton Board, he said.

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