The purchase price of cotton in South Kazakhstan is the same as last year

Interfax News from Shymkent on October 8, Yusupov, deputy director of the “Kazakhstan Cotton Factory” in South Kazakhstan, said that the purchasing price of raw cotton in South Kazakhstan in 2014 was 75 tenge/kg. It will be 10-15% lower than last year. On September 16, 2013, the purchase price of raw cotton was 80 tenge/kg, and since October 5, it has been 90 tenge/tenge.
South Kazakhstan is the only cotton-producing area in Kazakhstan. “Kazakhstan Cotton Factory” is a subsidiary of the Kazakhstan Grain Contract Group. It was established on December 13, 2007. It manages cotton gins and various production facilities within the framework of the cotton textile industry development program. One of its main tasks is to formulate relevant Attractive cotton purchase prices to support agricultural producers.