Home / Knowledge / News / Textiles / Global cotton mill use to rise in 2017-18: USDA
Global cotton mill use to rise in 2017-18: USDA
18
Jul '17
The global cotton mill use is forecast to rise for the second consecutive season to 117 million bales in 2017-18, three per cent higher than 2016-17, according to the latest US department of agriculture (USDA) cotton projections for 2017-18. The projected 117 million bales will be the highest mill use since 2009-10 consumption of 119.5 million bales.

With 2014-15 as the base year, 2017-18 world cotton consumption is projected 5 per cent higher. While China’s mill use is expected nearly 12 per cent above 2014-15, cotton mill use in India and Pakistan remains relatively flat. In contrast, cotton mill use continues to rise in Bangladesh, and 2017-18 use is projected to be 19 per cent above 2014-15. Even more remarkable has been the growth in Vietnam, where 2017-18 mill use is expected to be 44 per cent above 2014-15, the Economic Research Service of the USDA said in its July report on ‘Cotton and Wool Outlook’.

China—the leading spinner of raw cotton—has expanded its mill use since 2014-15, and is forecast to account for nearly one-third of the 2017-18 global total.

For 2017-18, mill use in China is projected at 38.0 million bales, 500,000 bales above 2016-17 and the highest since a similar amount was recorded for 2011-12. Access to domestic reserve supplies are expected to limit yarn imports and push cotton mill use higher in China for the third consecutive season.

India’s consumption is forecast at nearly 24.8 million bales in 2017-18, 3 per cent above 2016-17’s estimate, while mill use in Pakistan is projected at 10.6 million bales, also 3 per cent higher. In addition, 2017-18 cotton mill use is expected to rise in Bangladesh (+6 per cent), Turkey (+6 per cent), and Vietnam (+9 per cent).

For 2016-17, world cotton mill use is estimated at 113.8 million bales, 200,000 bales above the June estimate and more than 2 per cent higher than 2015-16. The July gain was largely attributable to the higher consumption estimate for India. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: The White House

Textiles | On 21st May 2018

China, US put trade war on hold

Following weeks of uncertainty over imposition and counter-imposition ...

Equate posts best Q12018 results since inception

Textiles | On 21st May 2018

Equate posts best Q12018 results since inception

Equate Group's first quarter results for 2018 are the best since its...

Over 60% retailers already have IoT platforms: IDC

Apparel/Garments | On 21st May 2018

Over 60% retailers already have IoT platforms: IDC

Retail organisations are adopting IoT platforms and more than 60 per...

Interviews View All

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search