Home / Knowledge / News / Textiles / USDA presents world cotton outlook for 2012/13
USDA presents world cotton outlook for 2012/13
28
Feb '12
US Department of Agriculture's (USDA) world cotton outlook shows stocks rising in 2012/13 for the third consecutive season, largely as a result of continuing market and policy repercussions from the record cotton prices of early 2011.

World production for 2011/12 has reached a record 123 million bales, as output expanded in nearly all cotton-producing countries except the United States. At the same time, world consumption has fallen sharply—by 4 percent for the second consecutive season--due not only to macroeconomic uncertainties, but also to substantial shifts from cotton to polyester in textiles.

And perhaps most problematic for the 2012/13 projections, China's government has responded by supporting domestic prices well above world market-clearing levels, in an effort to create buffer stocks for protection from future price volatility. The China government-owned reserve is expected to hold about one-fourth of world stocks on July 31, 2012.

World production is projected to fall and consumption to rise in 2012/13, but supply is still expected to exceed demand, raising stocks further and pressuring prices. Early season projections are inherently uncertain due to the difficulty of predicting market and weather developments.

However, for 2012/13, these uncertainties are exacerbated by the unknowns associated with the further accumulation and/or release of reserve stocks by China. Since China's policies affecting the 2012/13 season have not been announced, this paper assumes a continuation of the current floor price, with reserve release as needed to rotate stocks and provide adequate supplies to mills in the pre-harvest periods of 2012 and 2013.

Click here to read more details:

US Department of Agriculture's (USDA)


Must ReadView All

Europe fights against microplastic release from textiles

Textiles | On 18th Jan 2018

Europe fights against microplastic release from textiles

The European Commission, the institution of the European Union, has...

Egypt starts building biggest textile city in Al-Sadat

Textiles | On 18th Jan 2018

Egypt starts building biggest textile city in Al-Sadat

Egypt has started construction of the biggest city for textiles and...

Vietnam targets $20 bn from export of footwear, bags

Apparel/Garments | On 18th Jan 2018

Vietnam targets $20 bn from export of footwear, bags

Vietnam targets to earn around $20 billion from the export of...

Interviews View All

Top executives
Textile & apparel bodies

The decision is transformational

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

January 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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