Home / Knowledge / News / Textiles / 2015/16 global cotton output lowest in six years: USDA
2015/16 global cotton output lowest in six years: USDA
19
Aug '15
The August report of USDA informs that world cotton output in 2015/16 is forecast at 109.0 million bales, 2.5 million bales below last month's projection and 10 million bales below 2014/15.

The US government agriculture department attributed the decrease to declines for the United States, China, and India.

It has forecast global cotton area in 2015/16 at 31.3 million hectares, 7 per cent below 2014/15; the reduced area, coupled with a lower world yield at 757 kg/hectare.

It adds that due to these factors 2015/16 production is projected below consumption and would be the smallest crop since 2009/10.

For India, which is expected to be the largest producing country, cotton crop is projected at 29.0 million bales in 2015/16, about 2 per cent below last season's 29.5 million bales.

With a normal monsoon this season, a 7 per cent reduction in area is partially offset by a higher yield expectation.

In China, production is forecast at 26.0 million bales in 2015/16, 4 million bales below last season, with fewer incentives to plant cotton resulting in a reduced area of nearly 18 per cent in 2015/16.

Pakistan's crop is forecast at 10.2 million bales, nearly 4 per cent below 2014/15, while area is expected to rise 2 per cent, with reduction in yield, reducing Pakistan's production 400,000 bales in 2015/16.

Brazil's crop is forecast unchanged in 2015/16 at 7.0 million bales, as area and yield are projected to equal that of 2014/15.

World cotton consumption in 2015/16 is forecast at nearly 114.7 million bales, up slightly from last month and 2.5 per cent above the 2014/15 estimate.

World cotton trade is projected at 34.5 million bales in 2015/16, 3 per cent below last season due to China's anticipated reduction in raw cotton imports, forecast at 5.75 million bales, compared with 8.25 million bales in 2014/15.

However, increases for several other countries including Vietnam, Pakistan, Bangladesh, and Turkey are expected to offset some of China's decline.

Lower world import demand and reduced supplies for some exporting countries, including the United States, Brazil, and Uzbekistan are expected to limit their exports.

However, India's exports in 2015/16 are expected to expand significantly from 4.0 million bales in 2014/15 to 5.2 million bales this season.

Global cotton stocks are anticipated to decrease 5 per cent from 2014/15's record to 105.2 million bales in 2015/16, with stocks forecast to decline for most of the major producing countries.


Must ReadView All

Courtesy: Jens Mahnke from Pexels

Textiles | On 22nd Oct 2018

India levies anti-dumping duty on flax yarn from China

The ministry of finance, Government of India, has imposed definitive...

US polyester yarn makers allege dumping from China, India

Textiles | On 22nd Oct 2018

US polyester yarn makers allege dumping from China, India

Two major US synthetic yarn producers—Unifi Manufacturing, Inc...

Courtesy: Donear

Textiles | On 22nd Oct 2018

Aspiring middle class shaping menswear fabric trend

The key trends shaping menswear fabric include a new middle class and ...

Interviews View All

Top executives, Fashion houses, India

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Veronique Lee, Modavanti

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Akash Khetan, Narayan Tex Fab

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Sham Shah,

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

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

Anupam Arya,

Anupam Arya

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

Georg Reinhold, Trützschler  Nonwovens & Man-Made Fibers

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

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

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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


October 2018

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

news category


Related Categories:

Advanced Search