Home / Knowledge / News / Textiles / Global ending cotton stocks to rise 11% in 2012-13
Global ending cotton stocks to rise 11% in 2012-13
15
Jun '12
The latest U.S. Department of Agriculture (USDA) projections for 2012/13 indicate that world cotton stocks are expected to rise for the third consecutive season, reaching a new record. Global ending stocks are currently projected at 74.5 million bales for 2012/13, nearly 11 percent or 7.2 million bales above 2011/12. 

World cotton stocks have grown considerably as a result of the recent record cotton prices that encouraged area increases in 2010 and 2011 and subsequently led to large crops.  Meanwhile, the higher prices promoted fiber substitution at mills and the slowdown in the global economy reduced demand further, exacerbating the stocks rise. 

The growth in world stocks for the 2011/12 and 2012/13 seasons is largely occurring in China, where purchases for its national reserve program have been extensive and stocks are projected to expand by nearly 20 million bales over the 2-year period.  However, most of this cotton will be unavailable to mills outside of China as demand rebounds. 

U.S. Department of Agriculture (USDA)


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Madhu Jain
Madhu Jain

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

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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