Cottco targets 76pct increase in deliveries

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THE Cotton Company of Zimbabwe (Cottco) says it expects to buy 68 000 tonnes more cotton from farmers this year, compared to the previous season, on the back of improved rainfall and availability of inputs.
In a trading update for the first quarter ended June 30, 2021, the company said it was targeting an intake of 150 000 metric tonnes compared to the 82 479 metric tonnes received last year, an increase of 76 percent.

“Rainfall in the current agronomic season improved and was more widely distributed than in the past season. Delivery of inputs to farmers also improved for the season under review,” Cottco said.