Home / Knowledge / News / Textiles / Cotton report for 2005/06

Cotton report for 2005/06

22
Feb '07
The figure of up 3.2% from the previous year's GDP shows typically the evidence of steady recovery of the economy of Japan.

On the contrary, the various Japanese spinning mills have still been driven to cut down their spinning capacity of raw cotton. Japanese spinning mills continue operating overseas factories in other Asian countries with lower production costs.

Therefore, as of the end of 2005/06 cotton season, only 1.717 million cotton spindles remain in active operation. Taking further cut-down of Japanese mills capacity into consideration, it is very unlikely that the fore-mentioned 1.717 million spindles will be the bottom for the time being.

Cotton Imports
Cotton imports of Japan during 2005/06 season decreased to 640,000 bales, down 19% from the previous season. We failed to hold back the tendency of almost every year declining import from a peak of 3,840,000 bales in 1987/88 to 790,000 bales in 2004/05.

As for coming season's import outlook, further sharp decline to 600,000 bales or below will be most likely considered, although some optimists view that it is nearing the bottom line.

Australian imports fell to 155,000 bales, down 24% from last season which resulted in 5 years consecutive declines, partly because of their tight supply and higher price range compared with the U.S. cotton.

Cotton imports from U.S.A. declined to 249,000 bales, down 15% from the previous season despite their record high production, mainly because of Calif/Ariz. cotton higher price range and some shifts from Memphis/Eastern lower grade to Brazilian cotton.


Must ReadView All

Pic: Shutterstock

Textiles | On 23rd Sep 2021

Global economic recovery continues but remains uneven: OECD

The global economy is growing far more strongly than anticipated a...

Pic: Shutterstock

Textiles | On 23rd Sep 2021

President Biden plays down probability of US-UK trade deal

US President Joe Biden has played down the chances of a post-Brexit...

Pic: Shutterstock

Textiles | On 23rd Sep 2021

ADB revises down Cambodia’s growth forecast, sees rebound in 2022

Cambodia’s economy is projected to grow by 1.9 per cent this year...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Dhruv Toshniwal & Udit Toshniwal,

Dhruv Toshniwal & Udit Toshniwal

Launched a year ago, Fashions Pvt Limited conceptualises and sees D2C...

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Rishav Bajoria & Subham Sengupta,

Rishav Bajoria & Subham Sengupta

Launched in October 2020, the Gumti app could not have come at a more...

 Natacha Defeche, Edana

Natacha Defeche
Edana

Since 1971, EDANA, the International association serving the nonwovens and ...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by <b>Aprajita Toor</b> were born out of a deep desire to...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Gaurang Shah, Label Gaurang Shah

Gaurang Shah
Label Gaurang Shah

Hyderabad based designer <b>Gaurang Shah</b>, has been traversing the...

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


September 2021

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


Advanced Search