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

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

C Dhandayuthapani

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

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Marten Alkhagen
Swerea IVF AB

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Eamonn Tighe
Nature Works LLC

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

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Judy Frater
Somaiya Kala Vidya

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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