Home / Knowledge / News / Textiles / Cotton production to rise in 2010/11
Cotton production to rise in 2010/11
20
Sep '10
World cotton production in 2010/11 is forecast at 117.0 million bales, up 16 percent from a year. Rising global cotton prices and improvements in credit availability have resulted in higher area in several major cotton producing countries.

World cotton area in 2010/11 is forecast at 32.9 million hectares, up 9 percent from the previous year and similar to the pre-crisis cotton area. Global cotton yield is forecast at 774 kg/ha, up 6 percent from the previous year. Yields are forecast higher in India and the United States the world's second and third largest cotton producers and also in Brazil and Uzbekistan, due to more favorable growing conditions.

In Australia, 2010/11 cotton area is now expected to increase to 375,000 hectares, up 88 percent from last season. The area forecast the highest in almost a decade is attributable to favorable world prices and ample supply of water from rainfall. Australia's 2010/11 production is forecast to nearly double to 3.0 million bales from the previous year.

China, India, the United States, Brazil, and Uzbekistan are expected to increase production in 2010/11 by 2 percent, 12 percent, 55 percent, 31 percent, and 23 percent, respectively, to 32.5 million bales, 26.0 million bales, 18.8 million bales, 7.0 million bales, and 4.8 million bales. Pakistan's production of 9.3 million bales is slightly below last season, but is revised down 9 percent from the July 2010 estimate, reflecting damage from the recent floods.

World Ending Stocks to Decline as Mill Use Rises in 2010/11
World cotton consumption in 2010/11 is forecast at 120.5 million bales, a 3-percent increase from the previous year. Most major cotton consumers are expected to increase mill use in 2010/11. China and India are forecast to consume 50.0 million bales and 20.5 million bales in 2010/11, up 3 percent and 5 percent, respectively, from the previous year. Turkey, Brazil, and the United States are forecast to increase mill use 3 percent, 5 percent, and 4 percent to 6.0 million bales, 4.6 million bales, and 3.6 million bales, respectively, from the previous year. Pakistan's 2010/11 mill use is expected to remain unchanged from the previous year at 11.0 million bales, as constraints on world supplies available for import limit growth.

Global cotton ending stocks in 2010/11 are forecast at 45.4 million bales, down 3.3 percent from the preceding year and the lowest in 14 years. World cotton consumption has outpaced production since 2005/06 leading to the tightening of global stocks. The production-consumption gap, which widened to 16 million bales in 2009/10, is expected to decline to 3.5 million bales in 2010/11. Nonetheless, as shown in figure 4, growing concerns about declining world stocks have boosted global cotton prices; the A-index has averaged over 92 cents thus far this marketing year and exceeded 99 cents for September 8 and 9.

China's ending stocks in 2010/11 are forecast to decline 16 percent to 15.8 million bales, the lowest in 16 years. India's 2010/11 ending stocks are forecast at 7.7 million bales, up 15 percent from the previous year, partly due to the domestic policy restricting exports.


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

C Dhandayuthapani

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

Ravindra Jain, Ashish Baid

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marten Alkhagen
Swerea IVF AB

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

Anisha Chaudhari
Threads & Shirts

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

Akta Adani
India Boulevard

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

October 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
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

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
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

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
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

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
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


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