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: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Larry L Kinn
Suominen Corporation

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eamonn Tighe
Nature Works LLC

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

Madhu Jain
Madhu Jain

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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:
July 2017

July 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