African Cotton Should Increase Export Value If It Wants To Make Profits.

The world cotton industry provides 350 million jobs, and 20 million people live alone in Africa alone.

According to the International Cotton Advisory Committee, the world cotton output of 2006-2007 cotton is estimated to be stable at 24 million 700 thousand tons, and the demand is 25 million 600 thousand tons.

Africa will export 1 million tons.

In recent years, despite the continuous demand and the increase of man-made fabrics, cotton prices have experienced an unbearable decline, with a drop of 2003 to 2005 of 30%.

Xinhua Nairobi, June, 11, according to a report released by the southeast African common market on 11, if Africa wants to make profits from cotton exports, it will increase the added value of exports of cotton.

The report points out that Africa accounts for 3 million tons of cotton output per year in the world, but most of them are exported to Asian countries in the form of raw materials. 26 million.

The report added: "increasing the added value of cotton through the textile industry can provide employment and improve the lives of people in many countries in the common market of southeast Africa."

The report argues that the cotton industry and the textile industry provide an excellent opportunity for the continent to create viable and sustainable regional value chains.

According to Kenya media, the common market of southeast Africa has set up a platform for cotton growers and textile industry to discuss how to cooperate and share information.