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Myanmar's Cotton Yarn Production Up



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XINHUA GENERAL NEWS SERVICE
April 24, 2001

  Myanmar's Cotton Yarn Production Up in 2000

DATELINE: YANGON, April 24


Myanmar produced 5,700 tons of cotton yarn in 2000, 19 percent more than 
1999 when it registered 4,790 tons, according to the latest data released 
by the country's Central Statistical Organization.

During the year, Myanmar also yielded 22,103,262 meters of cotton fabrics, 
up 23.37 percent from 1999 which saw a production of 17,915,314 meters.

Myanmar annually cultivates 283,500 hectares of cotton and produces more 
than 160,000 tons of ginned cotton, of which long-staple cotton accounted 
for about 82 percent.

Meanwhile, to maintain the enthusiasm of cotton growers and to solve their 
difficulties of shortage of capital used in cultivation, the government 
provides annually more than 1 billion Kyats (about 2 million U.S. dollars) 
of loans to the growers in the country in addition to granting advance 
payment to them for the purchase of cotton.


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<html>
<font size=3>XINHUA GENERAL NEWS SERVICE <br>
April 24, 2001<br>
<br>
&nbsp;Myanmar's Cotton Yarn Production Up in 2000 <br>
<br>
DATELINE: YANGON, April 24 <br>
<br>
<br>
Myanmar produced 5,700 tons of cotton yarn in 2000, 19 percent more than
1999 when it registered 4,790 tons, according to the latest data released
by the country's Central Statistical Organization. <br>
<br>
During the year, Myanmar also yielded 22,103,262 meters of cotton
fabrics, up 23.37 percent from 1999 which saw a production of 17,915,314
meters. <br>
<br>
Myanmar annually cultivates 283,500 hectares of cotton and produces more
than 160,000 tons of ginned cotton, of which long-staple cotton accounted
for about 82 percent. <br>
<br>
Meanwhile, to maintain the enthusiasm of cotton growers and to solve
their difficulties of shortage of capital used in cultivation, the
government provides annually more than 1 billion Kyats (about 2 million
U.S. dollars) of loans to the growers in the country in addition to
granting advance payment to them for the purchase of cotton. <br>
<br>
</font></html>

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