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What are those potential trade risks and threat issues that have encircled to cotton, globally?
Good trading practices and maintaining trading rules is a problem that is discussed worldwide. There is always black sheep who do not play by the rules. In addition to the publication of a blacklist, we are working on further sanctions, together with 15 other international cotton exchanges in the CICCA. Mutual respect and dependability are vital for the international cotton market to be able to survive in the global supply chain.
Do you think that world’s macroeconomic instability especially in USA and Europe is a major issue of concern for cotton?
Whole textile industry is always a mirror image of the global economy, which not only affects cotton but influences the overall usage of raw material. Both USA and Europe are still important consumer markets – even if demand in Asia is growing strongly.
Why cultivation of organic farming is an exigent way for farmers and buyers?
Global cotton production is totally heterogeneous. There is not just one way to grow cotton. The so-called “identity cottons”, such as organic cotton production, Cotton made in Africa, Fairtrade or BCI are ways to produce cotton, which can provide opportunities in the respective regions.
Growing organic cotton is a great challenge for farmers, as it is accompanied by a several year long period of changeover and increased work input. In view of the volatile price situation, it would be important to have set customers and guaranteed premiums. However, these are not always available.
What kind of support you provide for the cultivation of organic farming? What is your overview?
As an internationally active cotton organisation, our position is neutral. This means that we collect the data available and are in dialogue with many organisations, from the growing stage through to the supply chain. We neither support only one direction of cotton productions systems nor any particular country of cotton production but we speak in the name of all cotton production methods.
Cotton as the most important natural fiber needs one voice only. As cotton association and arbitration body we provide our members and clients with data, neutral judgements, and juridical services. Here, we support with services that do not distinguish between organic and non organic.
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