In April 2013, the Secretariat’s projected price for the current season was 118 cents per pound. Since then ICAC’s projected price has plummeted, and the current midpoint of the forecast range is 88. China’s reserve and ...
Tags: Cotton Prices, import policies
The 72nd Plenary Meeting of the International Cotton Advisory Committee (ICAC) used its First Open Session to address what is likely the cotton industry's single greatest threat: synthetic fibers. The panel of expert speakers during the ...
Tags: Cotton Fibre, Textile
NY futures edged up slightly this week, as December gained 75 points to close at 85.47 cents, while March advanced 72 points to close at 85.18 cents. After a string of dull, low volume sessions, the market finally showed some signs of ...
World cotton trade is projected at 38.4 million bales in 2013/14, 18 percent below last season’s record of nearly 46.7 million bales. The decrease is attributable to the anticipated reduction in China’s import demand from an ...
Tags: Cotton Trade, Textile
World cotton production in 2013/14 is forecast at 116.4 million bales, 1.6 million bales below last month’s projection, which is mainly the result of forecast reductions for China and the United States. Prices favored alternative ...
Tags: Cotton Output, Textile
The latest U.S. Department of Agriculture (USDA) projections indicate that world 2013/14 cotton consumption is forecast at 109.8 million bales, an increase of 2 percent (2.4 million bales) from a year ago. India and Pakistan are expected to ...
Tags: Cotton Consumption, Textile
The Cotlook A Index rose to 96.65 cents per pound around mid-June 2013 before receding to the low 90s cents level towards the end of the month. On June 12th, the USDA increased 2012/13 U.S. export estimate to 3 million tons due to ...
Tags: Chinese Policy, World Cotton PricesWorld Cotton Prices
World 2013/14 cotton mill use is forecast at 110.2 million bales, up 2 percent from a year earlier. India and Pakistan are forecast to consume 23.3 million bales and 12.0 million bales, respectively, in 2013/14, an increase of 2 percent and ...
Tags: Cotton Consumption, Textile
India would become the largest producer of cotton in the world by 2022, overtaking China, according to a report released by OECD-FAO. “China’s cotton production is expected to decline 17 percent, while production in India ...
Tags: Cotton Production, Textile
Global 2013/14 cotton mill use is forecast at 110.4 million bales, up 2 percent from 2012/13, reflecting a favorable world economic outlook. The World Economic Outlook of the International Monetary Fund (IMF) forecasts global economic ...
Tags: Cotton Consumption, Textile
The first U.S. Department of Agriculture (USDA) cotton forecast for 2013/14 projects that world cotton production will decrease while consumption increases, although consumption is expected to remain below production for the fourth ...
Tags: Cotton Output, Cotton
The Secretariat projects China’s cotton stock at 8 million tons, equivalent to 47% of global stock, at the end of2012/13 season. Last season the Chinese government purchased over 3.12 million tons of cotton for state reserves at a ...
Tags: Cotton, cotton stock
National Cotton Council economists say cotton’s 2013 outlook will be influenced by China’s policy decisions and continued competition from man-made fiber (MMF). Dr. Gary Adams, the NCC’s vice president Economics & Policy ...
Tags: NCC, China, Policy, 2013 Cotton Outlook
China, the world’s leading producer, is forecast to produce 31.5 million bales, down 5 percent from a year earlier. China’s area harvested is expected to decline 7 percent from a year ago to 5.0 million hectares in 2012/13. The ...
Tags: cotton area, cotton mill, cotton consumption, cotton
The latest U.S. Department of Agriculture (USDA) cotton forecast for 2012/13 indicates that global cotton consumption is expected to rise 3 percent from last season’s 8-year low as the global economy experiences a slow recovery. This ...
Tags: Global cotton, cotton, cotton consumption, cotton spinner