Home / Knowledge / News / Textiles / Cotton market experiences increased concentration
Cotton market experiences increased concentration
09
Sep '09
After declining significantly in 2008/09, both world cotton mill use and production are expected to stabilize in 2009/10. World cotton production is forecast slightly down at 23.3 million tons due to reduced area. As the world economy gradually stabilizes and economic prospects for 2010 improve in most parts of the world, global cotton mill use is expected to recover by a small amount to 23.6 million tons. World cotton imports are expected to rebound by 5% to 6.8 million tons in 2009/10, driven by increased demand. World ending stocks are forecast slightly lower, at 12.0 million tons.

The world cotton market is experiencing increased concentration. In the last decade, production and spinning of cotton have continued to grow faster in Asia than in the rest of the world. In addition, in the last few years trade of cotton became more concentrated amongst the largest merchants and this trend will continue during 2009/10. Nevertheless, global cotton trade remains very competitive.

The season-average Cotlook A Index experienced a significant drop in 2008/09, to 61 cents per pound, due to falling consumption. In addition, cotton prices were extremely volatile during that season due to the global economic crisis. The season-average Cotlook A Index is expected to recover slightly in 2009/10, to 63 cents per pound with a 95% confidence interval ranging from 55 cents per pounds to 73 cents per pounds.

International Cotton Advisory Committee


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Amrit Sethia
SOIE

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

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Urs Stalder
Sanitized AG

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

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

Pranav Mishra
Huemn

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, 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:
June 2017

June 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