Home / Knowledge / News / Textiles / Brazil's Mato Grosso will see rise in cotton stocks: IMEA
Brazil's Mato Grosso will see rise in cotton stocks: IMEA
23
Apr '14
Brazil’s Mato Grosso state is likely to end cotton year 2013-14 with a 58.2 percent rise in inventory compared to the last season, according to a press release issued by the Mato Grosso Institute of Agricultural Economics (IMEA).
 
Between July 2013 and June 2014, Mato Grosso would have a total raw cotton supply of 1.011 million tons, about 13.9 percent more than the last season, says the IMEA report on cotton supply and demand estimate in Mato Grosso for 2013-14 season.
 
The closing stock of cotton in 2012-13 in Mato Grosso was 108,839 tons. Cotton production in the current season is expected to be 902,542 tons, which would be 31.4 percent higher than previous season’s harvest of 687,000 tons.
 
The weak prices of corn has led farmers to grow more cotton this season, with the area under cotton cultivation increasing by 33.7 percent in 2013-14 compared to the previous season, says the IMEA report.
 
On the demand side, the domestic Mato Grosso industry is likely to consume 52,440 tons of cotton this season, which would be an increase of 1 percent over the previous season. However, the consumption in other states of Brazil is expected to decrease by 9.1 percent year-on-year to 405,000 tons.
 
Between July 2013 and June 2014, Mato Grosso is estimated to export 381,807 tons of cotton, a sharp rise of 35.5 percent over the previous season.
 
Thus, the ending cotton stocks with Brazil’s Mato Grosso is expected to reach 172,134 tons, which would be an increase of 58.2 percent compared to the 2012-13 ending inventory level of 108,839 tons.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Rajiv Sirohi
Shara

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

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Paolo Ocleppo
Sandvik Hyperion

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

Lynda Kelly
Suominen Corporation

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
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