More conducive weather conditions this year could see cotton production increase

More conducive weather conditions this year could see cotton production increase

The demand for cotton in Myanmar is expected to rise and production likely to double thanks to the reopening of government textile mills this year, traders have said.

Government-owned textile mills had mostly stopped production in recent years, after heavy rains weighed on cotton production in July, August and November last year. The country's cotton association has faced several challenges in recent years such as difficulty accessing quality seeds and a lack of labour force.

More conducive weather conditions this year, however, could see production increase to 30m viss (one viss represents around 1.632 kg), traders say, with government-owned and private factories having ordered up to 4.08m kg since the start of the July to September cotton production season.

Traders have now sold out of all of their stock, according to The Myanmar Times.

The country registered 752,145 acres of cotton planted for the 2014-2015 fiscal year, 720,662 acres for 2015-2016, and 768,286 acres for 2016-2017 , the paper noted.

Currently, half of Myanmar's cotton production is exported to China, totalling 487.5 tonnes so far in the 2017-2018 fiscal year. The rest goes to meet local demand.