Home / Knowledge / News / Textiles / Lower cotton acreage in China & US could prove disastrous
Lower cotton acreage in China & US could prove disastrous
01
Apr '13
A recent survey reveals that Chinese domestic cultivation of cotton area is declining to set the lowest record in 10 years, Experts say that reduction of cotton acreage will mean tighter priced raw materials for the textile industry. 
 
According to the survey conducted by China Cotton Association, 2013 cotton area is expected to decline 6.8 percent to 68.18 million Mu, and will be the first time for China's cotton area to decline below 70 million Mu in a decade (one hectare equals 15 Chinese Mu). Estimates released by USDA  also indicate 18% dip in US cotton cultivation in 2013. 
 
Currently demand and supply of global cotton is normal. However if the estimates prove to be right, it could [rove disastrous as demand could outpace supply. This means the global textile sector may face more troubled times in the near future 
 
According to the balance sheet of global cotton production and consumption forecast released by Cotlook in February, 2013/14 global cotton production would be 24.299 million tons, down 
1.904 million tons compared with current year. Global consumption is expected to be 23.154 million tons, up 487,000 tons. 
 

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Karan Arora
Karan Arora

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

Mike Hoffman
Gildan Activewear SRL

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

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 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