Home / Knowledge / News / Textiles / Cotton trade to rebound in 2010/11
Cotton trade to rebound in 2010/11
Oct '10
The latest U.S. Department of Agriculture (USDA) cotton projections for 2010/11 indicate that while foreign cotton consumption is expected to rise, foreign production is forecast to increase faster. As a result, the 2010/11 gap between consumption and production is projected to decrease.

While the world economy continues to recover, tight supplies are expected to limit the growth in foreign cotton consumption to 2.5 percent. In comparison, the foreign crop is estimated at 97.8 million bales, nearly a 10-percent improvement over 2009/10, as foreign area rebounds to its largest in 4 years. With foreign production rising more than consumption, the consumption/production gap is expected to decline to 19.4 million bales in 2010/11—a nearly 6-million-bale decline from 2009/10's high. However, foreign beginning stocks are at a 7-year low, boosting import demand in 2010/11. Consequently, demand for U.S. cotton is forecast to rise, with U.S. exports projected to account for around 40 percent of global trade in 2010/11.

World cotton production, which sagged in the 2008 and 2009 marketing years due to the global financial crisis, is expected to rebound to 116.7 million bales in 2010/11. This will be a 15-percent increase from the previous year and the highest year-to-year rebound in 7 years. Continuing strong market prices for the fiber has resulted in production responses in some major cotton producing countries.

Australia's 2010/11 crop is forecast at 3.3 million bales, more than double the previous year's crop, as improved water availability and favorable market conditions are boosting planted area in the Southern Hemisphere country. Australia's 2010/11 cotton area is forecast at 425,000 hectares, up 113 percent from a year earlier and the highest cotton area in a decade.

Brazil, another Southern Hemisphere country, is expected to produce 7.0 million bales, up 31 percent from the previous year and one of the highest outputs on record. Growers are expected to increase area 25 percent in response to higher cotton prices and rising demand from China and other countries.

China, the world's leading cotton producer, is forecast to produce 31.5 million bales in 2010/11, down 1.6 percent from the previous year. China's cotton production has declined for the third consecutive year. Cotton area in China in 2010/11 is forecast at 5.25 million hectares, unchanged from the previous year's harvested area. But adverse weather in some areas is expected to reduce yields.

India's 2010/11 production is forecast at 26.0 million bales, up 12 percent from a year ago and the highest on record. Increasing adoption of Bt cotton in India in recent years has contributed to production gains, and rising prices further boosted planting there this year. Cotton area in India in 2010/11 is forecast at 10.9 million hectares, up 6 percent from the previous year and yields are likely to rebound due to improved monsoon coverage.

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kevin Nelson

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search