OREANDA-NEWS. August 16, 2010.  This July Azerbaijan did not resume cotton export, which was stopped fully in June.

In January to July, the country’s cotton export totaled 28.1% of the Jan-Jun 2009 export index and earnings from its export dropped by 63.2%, the Azerbaijan State Customs Committee (SCC) informed.

In January to July, Azerbaijan exported 1,846.9 tons of cotton that made up 0.02% (USD 2.245 million) of country’s overall export (USD 10.245 bn). For Jan-Jul of the year average export price totaled USD1,215.8 per ton.

This June the country did not export cotton at all against export of 21.4 tons of cotton for USD12,900 at average price of USD602.8/ton in May, 42.8 tons for USD17,700 at price of USD413.55/ton in April and 980.9 tons for USD1.2 million at price of USD1,266.49/ton in March.

March’s index most likely is going to remain record till reception of new cotton harvest in 2010. This January when cotton export reached 367044% of export for January 2009 and earning from its export rose 5.432-fold, 453.8 tons of cotton was exported for USD571,200 tons at the price of USD1,258.772 per ton.

In 2009, the country exported 17,371 tons of cotton for USD17.358 million that made up 119.27% of production export indices over 2008. Last December, export totaled 795.9 tons for USD890,900.

Last year cotton export from the country made up 0.12% of total export of Azerbaijan.

In 2009, Azerbaijan exported cotton on average at price USD999.25 per ton but in December the price was USD1,119.36.