The players in the cotton subsector committed to the MECHANISM for stabilizing cotton prices
30.06.2022 at 1:09 PM
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As part of the operationalization of the Stabilization Mechanism for the price of seed cotton approved by Decree 25/2022 of June 3, on June 30, 2022, the National Forum of Cotton Producers (FONPA) and the Cotton Association of Mozambique (AAM) signed a contract for the implementation of this Mechanism. The contract was signed by the President of FONPA, Beninson Simoco and the President of AAM Francisco Ferreira dos Santos, with the testimony of IAOM, IP and other stakeholders.
The signing of this contract marks the beginning of the implementation of the Price Stabilization Mechanism, which is an instrument that aims to guarantee the stabilization of the price of seed cotton to the producer between the various agricultural campaigns, in order to reduce the volatility of production and promote the stability of the sub-sector, the value chain and all its players.