Home / Knowledge / News / Textiles / Cotton output to hit record high levels in next 3 years
Cotton output to hit record high levels in next 3 years
27
Jan '11
A cotton industry expert recently stated that, Australia, the third largest exporter of cotton across the world, may witness its cotton production touching record high levels over the next three years, regardless of the production loss caused due to recent floods.

Also that, the industry is optimistic regarding the cotton prices which recently touched record high levels on the back of growing demand from the side of China, the largest consumer of cotton.

Further that, though heavy rains devastated cotton crop in the major cotton producing regions of Australia including Queensland and northern part of the New South Wales, but then it even filled the irrigation reservoirs to such levels that these regions now have water sufficient enough for crop irrigation for next three years.

Such good water levels in the reservoirs coupled with all time high prices are likely to support robust production in 2012 and 2013, which is a positive development for the cotton industry of Australia, which over the last few years had been suffering due to drought.

Initially Australia's cotton production for the 2010-11 season was estimated to rest as high as 4.4 million bales, but then in view of the damages caused by floods, these estimations were lowered to below four million bales.

However, even with these new estimations, the overall production of cotton for the current season is likely to surpass the 2001-02's record production of 3.52 million bales, and would be almost double the last season's production of 1.8 million bales.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward
Tony Ward

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


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