Home / Knowledge / News / Textiles / US cotton demand for 2014-15 revises upward in July
US cotton demand for 2014-15 revises upward in July
29
Jul '14
U.S. cotton demand for 2014/15 was revised upward in July to 14.0 million bales, nearly matching the latest 2013/14 estimate of 14.1 million bales. The export forecast was increased to 10.2 million bales as a larger available supply was forecast. Despite the increase in July, U.S. cotton exports remain projected below those of 2013/14 as world trade is forecast to decline in 2014/15. 
 
The U.S. share of global trade is currently projected near 29 percent, up from 26 percent in 2013/14 and the highest since 2010/11. Meanwhile, U.S. cotton mill use is forecast to rise about 5.5 percent in 2014/15 as expanding domestic mill capacity is expected to push mill use to 3.8 million bales, the highest in 4 seasons.
 
Based on these supply and demand estimates, 2014/15 ending stocks are forecast at 5.2 million bales, 2.5 million bales above the beginning level and the highest since 2008/09 when stocks were 6.3 million bales. The stocks-to-use ratio is alsoexpected to rise considerably in 2014/15, reaching 37 percent, similar to 2008/09.
 
Meanwhile, the 2014/15 upland cotton farm price is expected to range between 60 and 76 cents per pound, with the midpoint of this range 9.5 cents below 2013/14’s estimate of 77.5 cents per pound.

USDA


Must ReadView All

Textiles | On 19th Aug 2017

New fabric interfaces to interact with computers

As computer capabilities evolve, new fabric-based interfaces are...

Textiles | On 19th Aug 2017

Brazilian cotton prices drop in first fortnight of August

Cotton prices dropped in the Brazilian market in the first fortnight...

Apparel/Garments | On 19th Aug 2017

Target to acquire Grand Junction for faster deliveries

Target Corporation has announced that it has agreed to acquire Grand...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Nitin Bhatia
Trend Arrest

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Ritu Kumar
Label Ritu Kumar

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

Bani Batra

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

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

August 2017

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
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

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
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

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
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

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
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


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