Home / Knowledge / News / Textiles / Global cotton use to rebound marginally in 2012-13
Global cotton use to rebound marginally in 2012-13
15
Dec '12

The latest U.S. Department of Agriculture (USDA) cotton forecast for 2012/13 indicates that global cotton consumption is expected to rise 3 percent from last season’s 8-year low as the global economy experiences a slow recovery. This season’s projected increase follows 2 consecutive years of decline when cotton prices reached unprecedented levels.

At 106.5 million bales, 2012/13 world cotton consumption is 14 percent below the 2006/07 peak. China remains the world’s largest cotton spinner, but declines have occurred there over the last three seasons as raw cotton and labor costs increased and spinning shifted elsewhere.

In 2012/13, India and Pakistan are expected to see their mill use climb and largely offset the decline in China. Combined, these three spinners continue to account for the bulk of 2012/13 global consumption, with a share forecast at 65 percent of the total. China alone accounts for a third of 2012/13 world consumption.

Domestic

U.S. Cotton Crop Forecast Reduced in December

The USDA December forecast of 2012 U.S. cotton production was reduced 1 percent (190,000 bales) this month to about 17.3 million bales, as production was adjusted in a number of States. The latest estimate indicates an 11-percent increase from the 2011 season in which the crop was affected considerably from the extreme drought conditions in the Southwest region. The 2012 national yield is projected at 793 pounds per harvested acre, 9 pounds below a year ago and 6 pounds below the 5-year average.

The harvested area estimate was unchanged in December at 10.4 million acres, one of the largest since 2006. Upland production is estimated at 16.6 million bales, 1.9 million bales above last season, while the extra-long staple (ELS) crop remains estimated at 657,000 bales. For current production estimates by State and region.

Upland production is estimated to increase this season in two of the four Cotton Belt regions, as record yields occurred in three of the regions. In the Southwest, upland production is estimated at 5.7 million bales, up 2 million bales from 2011 as a lower abandonment this season raised harvested area. The Southwest yield, estimated at 534 pounds per harvested acre, would be its lowest since 2003.

In the Southeast, cotton production is expected to reach 5.5 million bales, near the record of 5.6 million bales produced in 2001. Although area was lower this season, a record yield of 974 pounds per harvested acre pushed the crop 10 percent above 2011. Similarly, the Delta area was reduced in 2012 but a record yield of 1,011 pounds per harvested acre kept the crop from decreasing significantly. In 2012, Delta production is estimated at 4.1 million bales, the second highest in 5 years.


Must ReadView All

US announces final CVD on fine denier PSF from China, India

Textiles | On 19th Jan 2018

US announces final CVD on fine denier PSF from China, India

The US secretary of commerce Wilbur Ross recently announced the...

EU consumers to gain from cheaper, safer, better e-payments

Apparel/Garments | On 19th Jan 2018

EU consumers to gain from cheaper, safer, better e-payments

European consumers can now reap the full benefits of paying online...

Courtesy: Epson

Textiles | On 19th Jan 2018

Epson's new SC F2100 enhances DTG printing

Epson, a leader in inkjet printers and digital textile printing...

Interviews View All

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Marten Alkhagen
Swerea IVF AB

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

Eric Scholler
Groz-Beckert

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

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

January 2018

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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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