Home / Knowledge / News / Textiles / Cotton area acreage projected to decline in 2008/09
Cotton area acreage projected to decline in 2008/09
02
Feb '08
World ending stocks are projected to decline during 2007/08 by 1.3 million ton to 11.4 million tons as a result of the gap between world production and consumption. World cotton area is projected remain stable in 2008/09 at 33.9 million hectares, less than 1% higher than in 2007/08.

Cotton area is projected to decline mostly in the USA (-11%), slight increases are expected in China (Mainland), India, African Franc Zone and Brazil, while stable area is projected for Pakistan, Turkey and Uzbekistan

World cotton yields are expected to continue rising in 2008/09 and are projected at 794 (+3%) kilograms per hectare. As a result, world cotton production in 2008/09 is expected to increase by 1 million tons to 26.9 million tons.

However, world mill use is projected to increase further to 27.4 million tons (+1%), still exceeding production. As a result, a further reduction in world ending stocks could take place to an estimated 10.9 million tons (-5%).

The Secretariat, using the ICAC Price Model 2007, forecasts a season-average Cotlook A Index of 67 cents per pound in 2007/08, 8 cents higher than in 2006/07. An expected significant decline in the stocks-to-mill use ratio in the World-less-China (Mainland) is pushing prices higher in 2007/08.

Click here to view World Cotton Supply And Distribution:

International Cotton Advisory Committee


Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Vidhyaa Shankar. S
A Ganapathi Chettiar

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

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Liz Manning

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

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Eamonn Tighe
Nature Works LLC

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

Larry L Kinn
Suominen Corporation

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

Johan Berlin
InvestKonsult Sweden AB

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search