Home / Knowledge / News / Textiles / China & synthetics to influence cotton outlook in 2013
China & synthetics to influence cotton outlook in 2013
14
Feb '13
“Cotton is unlikely to reclaim market share unless its price trades below polyester”, said Gary Adams of Memphis-USA based National Cotton Council (NCC).

“However, in recent months, cotton prices have moderated, which is stabilizing cotton’s market share. This will lead to a modest growth in the domestic consumption of cotton in the United States this year and overall, global cotton mill use will increase this year by 2.5% from 2012” he adds.

According to NCC, China’s current cotton policy puts stress on China’s textile mills enabling their shift towards synthetics. The uncertainty on the release of cotton from national reserves in China adds to the complexity.

According to NCC, China will continue to build its cotton reserves reaching a level of 38.8 million bales (480 lbs each) by 2014.

NCC estimates that in 2013, mill use in countries other than China is expected to increase while production will decrease. Cotton mill use in Pakistan and India will see good growth this year.

The Cotton Outlook was presented by Gary Adams, Vice President, Economics & Policy Analysis of the National Cotton Council at the council’s 75th annual meeting in Memphis recently.

Seshadri Ramkumar

Must ReadView All

Apparel/Garments | On 29th Mar 2017

Indonesian garment exports to remain stable in 2017: API

Garment exports from Indonesia are likely to remain stable this year...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Myanmar CMP garment exports to touch $2.2bn in 2017

Cutting, making and packaging (CMP) garment exports from Myanmar are...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Giorgio Mantovani
Corman S.p.A

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Tony Ward
Tony Ward

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
March 2017

March 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