Home / Knowledge / News / Textiles / Cotton production updates 2007

Cotton production updates 2007

27
Feb '07
According to official data, as of January 1, 2007, Uzbekistan's MY 2006/07 final seed cotton harvest is estimated at 3.63 million metric tons (MMT), which is 90,000 MT lower than in Post's previous report, and almost 120,000 MT lower than estimated 2005/06 seed cotton production.

Generally, weather conditions during vegetation and harvesting favored MY 06/07 crop conditions and allowed farmers to reach the state target. Based on seed cotton production numbers, Post therefore forecasts Uzbekistan's MY 06/07 lint production at 5.36 million bales.

Uzbekistan currently utilizes about 20-23 percent of domestic cotton production depending on the crop results. Two years ago GOU announced its intent for the domestic textile industry to process 50 percent of lint by 2008.

Although this goal is highly optimistic, based on the current pace of local textile industry development and the increasing number of new textile facilities, Post believes that domestic utilization of lint probably will increase by 2-3 % each year.

The government aims to modernize, re-equip, and complete reconstruction of dozens of textile plants, as well as to establish new enterprises. Plans to carry out about 100 investment projects valued at USD 1.2 billion, mostly in the textile industry, have been announced. The government also has simplified tax incentives for manufacturers, geared in particular toward production of higher value-added products.

There are no any noticeable changes in the pattern of cotton exports. At the International Uzbek Cotton Fair held last October in Tashkent, Uzbek cotton exporting companies reportedly concluded framework contracts for the sale of 7.8 million bales of Uzbek lint.

Of this total, 4.58 million bales are planned to be exported from 2006 crop and the remaining contracted volumes will be shipped from 2007-2008 crops. In MY 06/07 the biggest buyers of Uzbek cotton are trading companies from China, UAE, Singapore, Bangladesh, South Korea and Russia.

Based on the production forecast, MY 06/07 lint exports are forecast at 4.62 million bales.

Click here to view table:

United States Department of Agriculture Foreign Agricultural Service


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Sep 2021

Turkmenistan, Uzbekistan agree to raise trade turnover to $1 bn

Uzbekistan and Turkmenistan recently agreed to raise bilateral trade...

Pic: Shutterstock

Textiles | On 20th Sep 2021

MPs, peers call on UK govt to ban fur sales & imports

Over 100 cross-party members of Parliament (MPs) and peers have...

Pic: Canopy Planet

Apparel/Garments | On 20th Sep 2021

Over 400 brands now part of Canadian organisation Canopy's initiatives

Canopy has announced that over four hundred brands and retailers are...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Led by MMF, Indian apparel exports likely to double in next 3 years

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchains will be in heavy use by early adopters by 2025

Textile Industry, Head honchos

Textile Industry
Head honchos

Ensured payment of fee was least concern for students

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Chendhuran Sundar,

Chendhuran Sundar

It manufactures and retails menswear garments in India under the brand...

Chendhuran Sundar,

Chendhuran Sundar

Headquartered at Singapore, Crocodile is a global fashion and lifestyle...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

<b>Anjali Bhaskar</b> has an experience of 12 years in the fashion...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

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