Home / Knowledge / News / Textiles / Spinners not encouraged to stock cotton despite low output
Spinners not encouraged to stock cotton despite low output
Nov '12
Textile mills, either in India, Pakistan or Bangladesh, do not seem to be scrambling to book cotton stocks in advance despite reports of a fall in cotton production in India and Pakistan, both major cotton producing countries.

According to the Cotton Advisory Board (CAB) of India, cotton output may be down by around five percent to 33.4 million bales of 170 kg each in 2012-13 from 35.3 million bales in the previous season.

In the first week of November, the Cotton Crop Assessment Committee (CCAC) of Pakistan informed that production will touch 12.66 million bales during current season, against 13.3 million bales last year.

Mr Jahangir Alamin - Managing Director of Fuad Spinning Mills Ltd - Bangladesh does not seem overtly concerned by the reports of low production in both India and Pakistan, despite Bangladesh importing over 30 percent of its annual cotton requirement from India.

He says, “I do not foresee a shortage of cotton in the world in the ongoing season. China which is a big importer of cotton, may not import in quantities it purchased in the previous season as it has a stock-to-use ratio of around 100 percent”.

He adds, “There may be not a big mismatch between demand and supply in this season. Also the crop in other countries like Uzbekistan, African countries, Brazil is good. So there is no reason to press the panic button”.

However, he was apprehensive about the Indian government banning or capping cotton exports due to the low production, as witnessed in previous years. “Past experiences suggest that there is a possibility of this happening so”, he informs.

However, his apprehensions may be misplaced, as two influential textile lobbies in India – Confederation of Indian Textile Industry (CITI) and South Indian Mills Association (SIMA) have informed fibre2fashion that, they do not favour banning or capping raw cotton exports.

Mr Abid Farooq, Managing Director of Ali Akbar Spinning Mills Ltd - Pakistan informs, “There are ample cotton stocks around the globe and at the same time, consumption of cotton is expected to decline in China this season”.

He adds, “We are all very careful this year, as all of us took a beating last year, due to the widely fluctuating prices. We are willing to pay a higher price in the future if needed, rather than stock or book in advance.”

On a possibility that India many ban or cap cotton exports, Mr Farooq said, “With the bearish trends prevailing in global cotton markets and so much stocks lying around, the fears are misplaced, I do not see that happening”.  

Mr RS Saraogi - Whole Time Director at Asarwa Mills Ltd – India says, “I do not foresee any shortage, as instead of importing raw cotton in previous years, China is importing cotton yarn in huge quantities this year, which will mean fall in cotton exports, in turn will mean adequate cotton stocks in the Indian markets”.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Apparel/Garments | On 2nd Dec 2016

Aditya Birla Group to establish apparel unit in Odisha

Aditya Birla Retail and Fashion Ltd. (ABFRL) is establishing a new...

Interviews View All

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Lynda Kelly
Suominen Corporation

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

Marten Alkhagen
Swerea IVF AB

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

Giorgio Mantovani
Corman S.p.A

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

Tony Ward
Tony Ward

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

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

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search