Home / Knowledge / News / Textiles / Australia set for record cotton output in 2012-13
Australia set for record cotton output in 2012-13
16
Aug '12
In spite of a decline in its area under cotton cultivation, Australia’s cotton production is likely to witness a historic high in 2012-13, as adequate water availability boosts productivity, said Rabobank International.
 
The expected record production of 4.95 million bales in 2012-13 would make Australia the world’s second-largest cotton exporter, a report released by the bank stated. Output for 2011-12 came to be over 4.5 million bales, the current record-high, it added. (1 bale = 227 kgs = 500 pounds)
 
Since achieving a record high cotton production in 2011, cotton prices have dropped by about 67 percent. The increase in supply, along with sluggish global economic growth is holding back the demand for cotton. 
 
Recently, the US Department of Agriculture slashed its global demand outlook by 0.8 percent to 108.16 million or 480 million bales, while augmenting the world stockpiles outlook by 3.1 percent.
 
Speaking on the sidelines of a cotton conference on the Gold Coast in Queensland State, Rabobank Analyst Tracey Allen said, water availability during dry season would boost cotton production. 
 
Water supply has increased on account of La Nina linked rains in eastern parts of the country. However, the Bureau of Meteorology has predicted that an El Nino, which brings drier-than-normal weather, may hit the country during late Australian winter or spring.
 
According to Rabobank’s report, around 34,000 hectares (84,014 acres), or 30 percent of the 2011-12 dryland cotton area, may slip out of cotton cultivation during 2012-13, mainly because of lower prices and on expectations of drier-than-normal weather.
 
According to a recent United States Department of Agriculture (USDA) report, the US is set to become the world’s largest cotton exporter in 2012-13, followed by Australia.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Top executives
Textile & apparel bodies

The decision is transformational

Jurgen Gauger
Spreadshirt

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

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Ravindra Jain, Ashish Baid

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

Marten Alkhagen
Swerea IVF AB

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

Paolo Ocleppo
Sandvik Hyperion

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

October 2017

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
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

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
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

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
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

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
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


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