Home / Knowledge / News / Textiles / Global cotton area likely to reduce in 2013-14
Global cotton area likely to reduce in 2013-14
Oct '12
The International Cotton Advisory Committee (ICAC) met in Interlaken, Switzerland during October 7-11, 2012 for its 71st Plenary Meeting since the establishment of the Committee in 1939. Participation was nearly 400 including, representatives from 46 governments and 14 international organizations participated in the meeting.

Approximately two-thirds of all participants were from the private sectors of their countries and one-third represented governments or international organizations.

The theme of the Plenary Meeting, “Shaping sustainability in the cotton value chain” provided an opportunity to take a closer look at the cotton value chain using a sustainability framework.

Cotton’s Position in the World Market: Planning for the Future: The Secretariat reported that world cotton production is expected to decrease by 6% to 26 million metric tons in 2012/13, while mill use is expected to rise by 3% to 23 million tons.

After rising to a record in March 2011, cotton prices have declined significantly. Cotton consumption is forecast to remain below production during 2012/13, causing stocks to rise.

International trade in cotton is expected to fall to 8 million tons during the current season. The Secretariat reported that current prices for cotton, combined with rising prices for food crops, will likely reduce global cotton area in 2013/14.

Click here to read more details:

International Cotton Advisory Committee (ICAC)

Must ReadView All

Textiles | On 27th Mar 2017

Himatsingka to disinvest 100% stake in Italian subsidiary

The board of directors at Indian home textiles manufacturer and...

Courtesy: Flipkart

Apparel/Garments | On 27th Mar 2017

Flipkart bags $1bn funding at lower valuation

In a new round of funding, Flipkart, one of India's biggest ecommerce ...

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly
Suominen Corporation

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

Igor Chapurin

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

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

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

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

March 2017

March 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search