Home / Knowledge / News / Textiles / Domestic mill use for February falls sharply
Domestic mill use for February falls sharply
20
Apr '09
This month's U.S. 2008/09 cotton estimates include marginally lower supplies combined with larger offtake, resulting in a 600,000-bale reduction in forecast ending stocks. The production estimate is lowered 206,000 bales from last month based on USDA's final Cotton Ginnings report, released March 25, 2009. Domestic mill use is lowered 100,000 bales to 3.65 million, as mill use reported for February fell sharply.

However, exports are raised 500,000 bales, reflecting recent strong export sales and shipments. Ending stocks are now estimated at 6.7 million bales, or 41.5 percent of total use. The forecast season-average price range of 47 to 51 cents per pound is narrowed 1 cent on each end of the range.

The world cotton estimates for 2008/09 include lower consumption and higher ending stocks compared with last month. World production is reduced marginally, due mainly to adjustments for the United States and Iran.

World consumption is reduced 1.2 percent, due to decreases for China and others. China's consumption is lowered 1.0 million bales, accounting for three-fourths of the drop in world consumption, based on a sharp slowdown in net textile exports beginning in January.

World trade shows marginal decreases, as imports are reduced for Pakistan, Thailand, and others. World exports also are reduced marginally, including sharply lower exports forecast for India, which are partially offset by increases for the United States and Brazil. World ending stocks of 63.4 million bales are slightly above both last month's estimate and the beginning level.

United States Department of Agriculture


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Urmil Arya

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

Anupam Arya

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Giorgio Mantovani
Corman S.p.A

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

Aditi Somani
Aditi Somani

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

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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