Home / Knowledge / News / Textiles / Cotton acreage expected to fall 18% in new season
Cotton acreage expected to fall 18% in new season
17
Feb '09
Chinese cotton acreage has all along stayed more or less stagnant at around 80 million Mu (one hectare equals 15 Chinese Mu) 1951 onwards, but production has increased drastically, thanks to higher and increased yields.

Since entering the WTO ambit, China's textile industry has realized an unprecedented development which has led to a formation of clusters and industry chains strategically dependent on each other with all support facilities.

This astounding growth and development in the textile industry led once more to a shortage of domestically grown cotton, which once again forced China to import large quantities of cotton to feed the overgrowing appetite of its textile mills in 2007.

However, with the unfolding of the American sub-prime loan crisis, the global economy has rapidly plunged into recession, which drastically reduced demand for textile and apparels and in turn for the white gold.

According to USDA data in January this year, China's cotton output is expected to be 7,947,000 tons in the current cotton season of 2008-09, the second highest in history, while the annual consumption will be 10,560,000 tons.

But with shrinking demand for textiles, it automatically led to slowdown in demand for cotton, which affected prices of cotton to a large extent in 2008, leading to massive losses for the cotton farmers.

This development in 2008 and with the recessionary trends expected to be around till the end of this year, the farmers may contemplate growing other agricultural cash crops, rather than take a risk by growing cotton in the next cotton season.

This is expected to bring a multiplier effect on the supply of domestic cotton, which may once again lead to the era of shortages, wherein the country had to import huge imports of cotton in the past.

According to a research study on intentions of farmers to plant cotton seeds in the new season, cotton acreage is expected to drop by 18 percent. The years which have witnessed a decline in excess of 18 percent are 1961, 1985 and 1993.

Fibre2fashion News Desk - China


Must ReadView All

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Apparel/Garments | On 18th Nov 2017

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Sri Lanka’s apparel exports from January to September 2017 has...

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Apparel/Garments | On 18th Nov 2017

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Bangladesh Prime Minister Sheikh Hasina has said two more leather...

ASEAN, Hong Kong sign free trade agreement

Textiles | On 18th Nov 2017

ASEAN, Hong Kong sign free trade agreement

The Association of Southeast Asian Nations (ASEAN) and Hong Kong...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Harmeet Singh

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

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Urs Stalder
Sanitized AG

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Mike Hoffman
Gildan Activewear SRL

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

November 2017

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
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

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
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

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
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

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
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


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