Ministry Of Commerce: Pay Attention To The Purchase Price Of Mali Cotton In 2022/23 Season
Sikafinance reported on April 15, 2022 that Malian transitional President goita announced at the 12th session of the agricultural high committee that the purchase price of cotton in 2022 / 23 production season was set at 285 CFA (about US $0.47) / kg. The price of illegal production increased from 2021 to 2021 francs (about 14 cents per year). At the same time, the Malian government said it would take all measures to promote the development of cotton and food industries, including subsidies for means of production.
It is reported that in the just concluded 2021 / 22 production season, Mali's cotton production reached 760000 tons, a record high, and became Africa's largest cotton producing country again.
(source: website of the Ministry of Commerce)
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