Home / Knowledge / News / Textiles / Global cotton trade at 4-year high in 2017-18: USDA
Global cotton trade at 4-year high in 2017-18: USDA
20
Dec '17
Graph shows leading cotton exporting countries and the volume of export; Courtesy: USDA
Graph shows leading cotton exporting countries and the volume of export; Courtesy: USDA
World cotton trade in 2017-18 is forecast to expand 3 per cent from last season and reach a 4-year high, according to the latest US department of agriculture (USDA) projections. Global trade is projected at 38.5 million bales in 2017-18, 1.2 million bales above last season, mainly due to the above-average growth expected in world cotton mill use in 2017-18.

In 2017-18, however, world cotton trade remains 17 per cent below 2012-13’s record of 46.5 million bales.

Most of the world’s primary spinners of cotton rely on imports, and the leading importers this season are considered non-producing countries. As a result, this import demand is satisfied by producing/exporting countries, viz the US, India, Australia, Brazil, Uzbekistan and other countries.

Export prospects for the United States are once again expected to remain strong in 2017-18, while those from Brazil and Australia are forecast to increase as they harvest larger high-quality crops; these three countries are projected to attain a combined 60 per cent of global trade. “In contrast, cotton exports from India and Uzbekistan are forecast to decline again in 2017-18,” the ‘Cotton and Wool Outlook’ report released by the Economic Research Service of the USDA said. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Azerbaijan's Gilan Textile Park raises exports by 40%

Apparel/Garments | On 18th Aug 2018

Azerbaijan's Gilan Textile Park raises exports by 40%

Azerbaijan's Gilan Textile Park has raised its exports by 40 per cent ...

CPD studies living cost of Bangladesh RMG workers

Apparel/Garments | On 18th Aug 2018

CPD studies living cost of Bangladesh RMG workers

The living cost of readymade garment (RMG) workers in Bangladesh...

Brazilian cotton price index returns to April 2018 level

Textiles | On 18th Aug 2018

Brazilian cotton price index returns to April 2018 level

Cotton prices dropped in Brazil in the first fortnight of August as...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Top executives
Textile industry

It will take some time for the people to change their buying choices

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search