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

Textiles minister Smriti Irani at a press conference with minister of state for textiles, Ajay Tamta, the principal director general (M&C), PIB, AP Frank Noronha and other dignitaries. Courtesy: PIB

Apparel/Garments | On 23rd May 2017

Special package for knitwear coming soon: Irani

Union textiles minister Smriti Irani said that the government of...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

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 ...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Sanjay Yagnik
Maa Tex Speciality

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

Lynda Kelly
Suominen Corporation

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kevin Nelson
TissueGen

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sanjukta Dutta
Sanjukta's Studio

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

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