Zimbabwe's registered cotton contractors purchased 23 million kilograms of seed cotton during the current marketing period. This figure represents a 78 percent surge from the previous year's 13 million kilogram total. The Agricultural Marketing Authority continues evaluating common buying points to decide whether the marketing season requires extension beyond its July 15 conclusion. Statistics demonstrate that contractor purchases climbed from 12.924 million kilograms to 23.011 million kilograms between corresponding dates. The authority maintains strict oversight to prevent unauthorized side marketing activities.
Cottco dominated market activity by acquiring 13.455 million kilograms, capturing 58 percent of total sales volume. Alliance Ginneries secured second position with 4.801 million kilograms representing 21 percent market share. Southern Cotton contributed 1.842 million kilograms while smaller contractors handled remaining volumes. Contractors offered prices between 30 and 35 cents per kilogram paid in foreign currency. Current purchases account for 38 percent of this season's projected 61,289 tonne harvest.
Cottco dominated market activity by acquiring 13.455 million kilograms, capturing 58 percent of total sales volume. Alliance Ginneries secured second position with 4.801 million kilograms representing 21 percent market share. Southern Cotton contributed 1.842 million kilograms while smaller contractors handled remaining volumes. Contractors offered prices between 30 and 35 cents per kilogram paid in foreign currency. Current purchases account for 38 percent of this season's projected 61,289 tonne harvest.
