Home / Knowledge / News / Textiles / US cotton trader expands to Australia
US cotton trader expands to Australia
25
Apr '13
Omnicotton, a US cotton trading company, has opened its first office in Australia, as part of the company’s expansion plans since the country is the second largest exporter of cotton, after the US.

Speaking to fibre2fashion, general manager of Omnicotton Australia Pty Ltd, Mr. Cliff White said, “We have opened our first office in Australia since we want to get involved in trade relation with three major cotton exporting countries.”

“One of the reasons for opening an office in Australia is that there are a lot similarities in the cotton produced in the US, Brazil and Australia,” he informs.

The 11-year-old Texas-based company has been mainly trading the US and Brazil cotton so far. It has traded some amount of Argentine cotton. The opening of its new office in Brisbane would help Omnicotton to trade Australian cotton and supply it to China, as well as some other cotton importing Asian countries like Indonesia and Thailand.

Australia exports 99 percent of its cotton crop and 70 percent of it is exported to China.

In the fiscal year 2011-12, Australian cotton growers produced the highest quality upland cotton in the world and 85 percent of the country’s cotton crop met the base grade of ‘middling’ with only 15 percent at grades below middling (middling refers to 31 colour; 3 leaf; 1.13 staple; 3.5 – 4.5 NCL micronaire).

The cotton growers of Australia are likely to produce 4.15 million bales of 217 kg each by the end of this fiscal year, which ends on June 30, 2013.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kai Poehler
Voith Paper GmbH & Co. KG

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Karan Arora
Karan Arora

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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