Cotton Market Boost

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Chinese cotton processing factory brings hope to Malawian farmers MARIA Madina vowed two years ago never again to grow cotton after being disappointed by the market prices offered at that time. As 49-year-old Madina sat on a reed mat in Mfulanjobvu area in Balaka,Southern Region of Malawi,she told ChinAfrica of how the hopes of making thousands of Kwacha from 60 bales of cotton she had harvested had been dashed. “I had anticipated that I would sell my cotton at least at K75 ($0.50) a kilo as was gazetted by the government,but alas,I only sold my cotton at K40($0.28) a kilo as I could not wait any longer Chinese cotton processing factory brings hope to Malawian farmers MARIA Madina vowed two years ago never again to grow cotton after being disappointed by the market prices offered at that time. As 49-year-old Madina sat on a reed mat in Mfulanjobvu area in Balaka, Southern Region of Malawi, she told ChinAfrica of how the hopes of making thousands of Kwacha from 60 bales of cotton she had harvested had been dashed. ”I had anticipated that I would sell my cotton at least at K75 ($ 0.50) a kilo as was gazetted by the government, but alas, I sold sold my cotton at K40 ($ 0.28) a kilo as I could not wait any longer
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