Home / Knowledge / News / Textiles / Cotton production decline for year 2006-07, KCA
Cotton production decline for year 2006-07, KCA
07
Jan '08
The Directors have the pleasure in presenting their Annual Report covering activities of The Karachi Cotton Association for the year 2006-07 and Audited Accounts for the year ended on June 30, 2007.

DIRECTORS' REPORT:
Before discussing the local cotton situation, a brief review of the world cotton situation is presented for the year 2006-07 alongwith its prospects for the year 2007-08.

WORLD COTTON SITUATION (2006-07):
According to the USDA, the world cotton production in 2006-07 increased to 119.248 million bales (480 lbs. each) from 115.727 million bales in 2005-06 due to increase in production in China, India and Brazil.

Production in China increased to 32.50 million bales from
27.50 million bales, in India to 21.80 million bales from 19.05 million bales and in Brazil to 7.000 million bales from 4.700 million bales compared to 2005-06.

However, Production in the USA and Pakistan had declined marginally to 21.58 million bales of 480 lb. in 2006-07 from 23.89 million bales and to 9.90 million bales from 10.16 million bales respectively.

The world cotton consumption increased by 122.72 million bales from 116.35 million bales in 2005-06. The ending global stocks for 2006-07 marginally increased to 57.859 million bales from 57.748 million bales in 2005-06 or were 0.11 million bales more than the previous year.

The New York Futures latest delivery month recorded at US¢ 54.73 per lb. at the beginning of the season on 01.08.2006, increased to highest level of US¢ 66.49 per lb.on 13.07.2007, declined to lowest level of US¢ 46.29 per lb. on 07.05.2007 and recorded at US¢ 63.00 per lb. at the close of season on 31.07.2007.


Must ReadView All

Global economic upswing became broader & stronger: IMF

Textiles | On 19th Apr 2018

Global economic upswing became broader & stronger: IMF

The global economic upswing that began around mid-2016 has become...

Courtesy: ITMA

Textiles | On 19th Apr 2018

ITMA 2019 expanding space due to overwhelming response

Due to overwhelming response, the exhibition space has been increased ...

Indian inter-ministerial group to study e-commerce issues

Apparel/Garments | On 19th Apr 2018

Indian inter-ministerial group to study e-commerce issues

The Indian Government has set up an inter-ministerial group to study...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Eamonn Tighe
Nature Works LLC

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

Lynda Kelly
Suominen Corporation

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silvia Venturini Fendi
Fendi s.r.l

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

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

Leave your Comments


April 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
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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
7.8%
Skip
9.7%

Total Votes: 103


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