The latest U.S. Department of Agriculture (USDA) projections for 2013/14 indicate that global cotton stocks are forecast to rise for the fourth consecutive season, reaching an alltime high. World ending stocks are now projected at 92.5 ...
Tags: World Cotton, Apparel
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
OPEC ministers should consider the needs of the global oil market in a year's time, rather than just the current demand/supply balance, when they meet to review the cartel's production ceiling in two weeks, the head of the International ...
Tags: OPEC, oil market
THE Australian dollar was slightly lower as weak US consumer sentiment figures and concerns about the Cyprus bank bailout weighed on market sentiment. At 7am AEDT the local unit was trading at 103.58 US cents, down from 103.69 cents on ...
A TOP BlackRock executive said there was little evidence of a meaningful switch by global investors into equities from fixed-income assets, even after recent strong sharemarket gains. "There appears to be a lot of cash coming off the ...
Tags: shares, investors, sharemarket
The Australian dollar rose today following rallies on US share markets on Friday night. At 6.30am AEDT the currency was trading at 104.04 US cents, up from 103.99 US cents at the local close on Friday. The dollar fell as low as 103.61 ...
The Secretariat noted last month, that just as in a Sherlock Holmes novel where the telling clue is the dog that did not bark, the key to understanding the cotton market was in recognizing what was not happening. Among other things, cotton ...
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
A fall in production has hit half-year profits at UK-listed palm oil processor New Britain Palm Oil. CEO Nick Thompson said heavy rain made it harder to collect and transport fresh fruit bunches. The wet weather also meant the fruit ...
Tags: oil process, profits, New Britain Palm Oil, production fall
According to International Cotton Advisory Committee's(ICAC)general outlook for cotton supply and use for 2012/13 is bleak:global cotton production and mill use are forecast at 25.9 million tons and 23.4 million tons respectively,resulting ...
Tags: cotton, International Cotton Advisory Committee, lobal cotton production
Plexus Cotton Limited reported that New York (NY) futures came under light pressure this week, as December dropped 138 points to close at 70.71 cents. The market is a bit of an enigma at the moment, because there seems to be a disconnect ...
Tags: Plexus Cotton, light pressure, perception and reality, negative outlook