Home / Knowledge / News / Cotton / Cotton stocks outside of China to rise in 2017-18: USDA
Cotton stocks outside of China to rise in 2017-18: USDA
May '17
Courtesy: Foreign Agricultural Service/USDA
Courtesy: Foreign Agricultural Service/USDA
Cotton production is forecast up in all major producers, including the US and India, resulting in the highest production outside of China in six years. As a result, stocks outside of China will rise to a near-record share of use, the United States department of agriculture (USDA) said in its first detailed forecast for the 2017-18 marketing year.

2017-18 would be the second year of production growth (nearly 7 percent), alongside the strongest consumption growth since 2012-13 (over 2 percent). Global consumption is expected to remain above production, yielding the third consecutive year of declining global stocks, albeit with a much smaller reduction than in the previous 2 years, the forecast said.

“Stocks in China are forecast to fall substantially for the third consecutive year, with a decline of about 9 million bales, reflecting continued strong and steady State Reserve sales. Despite their aggressive sales and a continuing recovery in consumption, stocks in China will remain very high with the ending stocks-to-use ratio above 100 per cent for the sixth consecutive year,” the report said.

Since China’s policies remain aimed at reducing the State Reserve, its imports will increase only slightly. However, the situation outside of China will be quite different. Production is forecast up in all major producers, resulting in the highest production outside of China in six years. Consumption will grow at a faster rate than within China as well (2.7 percent vs. 1.3 percent).

US cotton will face strong export competition as large Southern hemisphere crops will be available before the 2017-18 US crop. The Franc Zone, Central Asia, and India will have both higher carry-in stocks and larger production. As a result, despite higher exportable US supplies and growing world import demand, US exports are forecast to be lower in 2017-18.

Compared to 2016-17, larger crops are forecast in 2017-18 for the US, India, Pakistan, China, Turkey, and Australia, with only moderate growth in Brazil, Mexico, Egypt, Central Asia, and West Africa. Meanwhile, production declines are anticipated in much of the Middle East and some African countries, such as Chad and Tanzania.

In terms of consumption, strong growth is forecast in 2017-18 for Vietnam, Bangladesh, China, and India, compared to their consumption in 2916-17. More moderate consumption growth is expected in Turkey and Indonesia, as well as some Western Hemisphere countries such as Brazil, Mexico, and the US. Consumption declines are forecast in South Korea, Taiwan, and several consuming countries in the Middle East and Europe. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search