Home / Knowledge / News / Textiles / ICAC meet discusses sustainability in cotton value chain
ICAC meet discusses sustainability in cotton value chain
21
Nov '12
The 71st Plenary Meeting of the International Cotton Advisory Committee (ICAC), held in the Swiss city of Interlaken, featured a week of intensive discussion and debate on issues facing today's global cotton industry. The over-arching theme of the meeting –sustainability in the cotton value chain – informed virtually all aspects of the week's discussions. 
 
The meeting acknowledged the importance of robust statistics – produced in an independent, reliable, transparent and timely manner. The ICAC Secretariat's own statistics point to a continued, substantial rise in stocks in 2012/13, but cotton plantings are expected to fall in 2013/14.
 
The Secretariat has been instructed to renew efforts to forecast prices. Having reached a record in March last year, world prices have since been in decline, and risk falling below the support levels maintained by some producing countries. A major topic of concern at the Plenary was the threat of a further loss of cotton's market share to competing fibers – manufacturing capacity in polyester, already the dominant fiber, is set to increase.
 
ICAC's Plenary Statement endorsed the rule of law in trade matters, both in relation to the Doha Trade Round (in which cotton has a privileged position), and as far as the sanctity of cotton contracts is concerned. Governments were enjoined to promote effective enforcement of arbitration awards, the number of which has increased dramatically, as a result of recent market volatility. 
 
The Statement embraced the technical aspects of ICAC's work, which likewise formed an important part of the Plenary's proceedings. These included a Round Table on Biotechnology in cotton, a presentation on the work of ICAC's Expert Panel on cotton's Social, Environmental and Economic Performance, and an entire session devoted to technical matters. Next year's Technical Seminar will address the problem of stagnating yields.
 
A strong feature of the week's discussions was the prioritization of the supply chain concept, when discussing cotton. Similarly, the phrase Life Cycle Assessment has entered the cotton lexicon. Not only the theme, but also the form of the meeting, broke new ground. The World Café approach to the sustainability debate allowed all participants in the meeting to voice their views in a novel and collaborative forum.
 
In the context of cotton, there was consensus that the sustainability should not be considered a fixed point, but a continuous process - or, to use the term preferred by several speakers, a ‘journey'. 
 

International Cotton Advisory Committee

Must ReadView All

Apparel/Garments | On 18th Feb 2017

Bangladesh apparel sector has 95% local investors: BGMEA

Over 95 per cent of the total investors in the Bangladesh apparel...

Textiles | On 18th Feb 2017

Smriti Irani resolves cutting of carpets issue at ports

During a meeting held with stake holders of the carpet weaving...

Apparel/Garments | On 18th Feb 2017

Andhra Pradesh inks MoUs to set up 12 apparel units

At the recent CII Partnership Summit held in Hyderabad, memorandum of ...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Marten Alkhagen
Swerea IVF AB

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silvia Venturini Fendi
Fendi s.r.l

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

Mike Hoffman
Gildan Activewear SRL

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


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