Cotton: Forum urges price to be fixed at Rs3,500 per maund
Farmers purchase all agriculture inputs at very high rates, but the end crop is being purchased at very low price.
LAHORE:
Pakistan Agri Forum (PAF) on Wednesday demanded cotton price to be fixed at Rs3,500 per maund on the back of drop in global prices to facilitate growers in the country.
PAF Chairman Mohammad Ibrahim Mughal said All Pakistan Textile Mills Association (APTMA) and business institutions were purchasing cotton at Rs2,500 per maund from growers, which was against their interest.
The farmers are purchasing all agriculture inputs at very high rates, but the end crop is being purchased at very low price, he said. He urged the government to mobilise the Trading Corporation of Pakistan (TCP) to purchase cotton from the growers and to put an end to the exploitation of the poor farmers.
Pakistan Agri Forum (PAF) on Wednesday demanded cotton price to be fixed at Rs3,500 per maund on the back of drop in global prices to facilitate growers in the country.
PAF Chairman Mohammad Ibrahim Mughal said All Pakistan Textile Mills Association (APTMA) and business institutions were purchasing cotton at Rs2,500 per maund from growers, which was against their interest.
The farmers are purchasing all agriculture inputs at very high rates, but the end crop is being purchased at very low price, he said. He urged the government to mobilise the Trading Corporation of Pakistan (TCP) to purchase cotton from the growers and to put an end to the exploitation of the poor farmers.
Published in The Express Tribune, October 6th, 2011.