Home / Knowledge / News / Textiles / Fall in cotton trade in 2008/09 - ICAC
Fall in cotton trade in 2008/09 - ICAC
03
Feb '09
World cotton trade is expected to drop by 21% to 6.6 million tons in 2008/09. Cotton imports are affected by lower demand from consuming countries and lower production in exporting countries. China (Mainland), the largest cotton importer, is expected to receive 1.5 million tons this season, 41% less than in 2007/08.

India and Uzbekistan, the second and third largest exporters, are expected to ship around 40% less cotton this season than last. However, the largest exporter will be relatively less affected by the drop in demand: the United States is expected to ship 2.6 million tons in 2008/09, or 12% less than last season, despite a sharp drop in production.

The ICAC Price Model 2007 is forecasting a 16% decline in the season-average Cotlook A Index in 2008/09, to 61 cents per pound, with a 95% confidence interval between 56 and 66 cents per pound.

World cotton area is projected to continue to decline in 2009/10. Declining cotton returns, more attractive prices for competing crops, and expected difficulties to finance production inputs are encouraging farmers to continue switching to alternative crops. World cotton production is expected to decrease by 1% to 23.4 million tons in 2009/10.

International Cotton Advisory Committee


Must ReadView All

EU consumers to gain from cheaper, safer, better e-payments

Apparel/Garments | On 19th Jan 2018

EU consumers to gain from cheaper, safer, better e-payments

European consumers can now reap the full benefits of paying online...

Telangana minister pitches for investments in S Korea

Textiles | On 19th Jan 2018

Telangana minister pitches for investments in S Korea

Industries and information technology minister of India’s Telangana...

Courtesy: Boohoo

Apparel/Garments | On 19th Jan 2018

Boohoo margin up 52.5% for 4 months till Dec 2017

For four months till December 31, 2017, fashion e-commerce...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Erik Sy

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

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Urmil Arya

Sushila International, a well established textile organisation established ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kevin Nelson
TissueGen

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

January 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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
8.2%
Skip
9.3%

Total Votes: 97


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