Egypt Will Increase Subsidies For Textile Mills And Exporters To Purchase Cotton This Year.

< p > > a href= "http://? www.91se91.com/news/index_c.asp" > Egypt < /a > the government said that the decision would promote the purchase of Egyptian cotton by textile mills and exporters and reduce cotton imports.

It is understood that the subsidy standard for textile mills can get 50 Egyptian pounds / Cantal, and exporters can get 200 Egyptian pounds / Cantal.

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< p >, that is to say, < a href= "http://? www.91se91.com/news/index_c.asp" > textile mill < /a > or exporters can receive corresponding subsidies as long as they purchase Egyptian cotton in this year.

500 million of the total allowance for Egyptian pounds, 350 million will be used to subsidize textile mills and exporters, and the other 150 million will be used to subsidize cotton farmers and support their purchase of cottonseed and fertilizer.

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< p > Egypt > a href= "http:// www.91se91.com/news/index_c.asp" > government < /a > is expected to increase Egyptian cotton production.

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< p > according to statistics from the Egyptian public mobilization and Statistics Center, the volume of Egyptian cotton purchases by Egyptian textile mills decreased by 79.9% compared with the same period in the second quarter of this year, and the volume of purchases of exporters fell by 46.5%.

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< p > June 2014, Pakistan exported textiles and clothing 1 billion 114 million US dollars, a decrease of 2.01% compared with the same period last year, a decrease of 7.21%.

Of which, exports of raw cotton were 1 million 380 thousand US dollars, down 80.69% from the same period last year, and the annulus ratio decreased by 81.89%.

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< p > as of June, the total export of textiles and clothing in Pakistan for the whole fiscal year (2013.7-2014.6) was 13 billion 794 million US dollars, up by 5.04% compared with the same period last year, and the export of raw cotton was 205 million US dollars, an increase of 33.35% over the same period last year. "2013/14"

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< p > June, Pakistan exported 45 thousand and 100 tons of cotton yarn, a decrease of 25.33% compared with the same period last year, the tenth consecutive year-on-year decrease this year, and the reduction of the chain ratio by 8.65%.

Exports of cotton cloth 115 million square meters, a year-on-year decrease of 20.4%, a decrease of 14.15%.

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< p > up to June, 2013/14 exported 655 thousand and 700 tons of cotton yarn in Pakistan in the whole fiscal year (2013.7-2014.6), a decrease of 9.7% compared to the same period last year, and exported 1 billion 648 million square meters of cotton cloth, a decrease of 7.7% compared with the same period last year.

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