Agriculture

Cotton : Mali scales down forecast by 100,000 tons

Tuesday, 03 May 2016 21:03

(Ecofin Agency) - Mali just revealed it has scaled down by at least 100,000 tons its forecast for cotton output this season. Previously expecting 750-800 thousand tons, the West African nation now estimates it will produce 650,000 tons.

Textile Development Company of Mali (CMDT in French) who previously made the announcement did not give reasons to back its decision to revise the forecast. In the case where actual output fits the forecast, Mali would still have produced about 150,000 tons more than the previous season when it recorded late rains that impaired harvest and delayed ginning.

Let’s recall that during the previous season, all major cotton producers had their output fall. Production in Burkina Faso fell by 18% to 581,000 tons. Cote d’Ivoire’s plunged 30% to 310,000 tons.

Aaron Akinocho

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.