Cotton

US Textile Mills Cotton Use In 2023-24 To Be Lower Than 1885

Textile Insights February 13, 2024

US textile mills will consume just 1.74 million bales in the 2023-24 marketing year that ends in July, the lowest since 1885, which is one year before the Statue of Liberty was installed. “The US textile mills consumption figure is nearly 15 percent lower than the earlier marketing and even

Cotton

Australian Cotton Production Forecast To Reach 4.5mn Bales

Textile Insights February 12, 2024

Australian cotton production is expected to total 4.5 million bales in the 2023-24 season beginning in March, which is at the top of the previously estimated range. “The outlook for Australia’s cotton crop has improved following good rains across cotton growing regions, which prompted farmers to boost cotton acreage,” Cotton Australia, a trade body had […]

Cotton

Brazil Remains Second Largest Global Cotton Exporter In 2023

Textile Insights February 10, 2024

Brazil maintained its status as the world’s second largest cotton exporter in 2023, despite an annual decline of around 10 percent. “Brazil shipped 1.618 million tons of cotton in 2023 and generated revenue of US $3.07 billion in the year,” the Brazilian Association of Cotton Producers (Abrapa) said in a statement. “The 2022-2023 harvest was […]

Cotton

US Cotton Trust Protocol Represents 23% Of US Cotton Acreage

Textile Insights February 9, 2024

The U.S. Cotton Trust Protocol said it has tripled its grower membership in just three years, whose 1.7 million acres now represent almost a quarter or 23 percent of the entire US cotton-growing area. “And while it has expanded enrolled planted acres exponentially, the program continues to drive progress across its six metrics,” US Cotton […]

Cotton

Better Cotton Promotes Gender Inclusion With Women’s Workshop

Textile Insights February 9, 2024

In January, Better Cotton India organised its first ever residential leadership workshop for female field staff, with the aim of assessing gender influence and leadership, and examining how the organisation can enhance the overall experience of women in Better Cotton projects. They delved into topics like sociogramming (mapping the relationships within a group); the

Cotton

AbTF Cotton Conference Will Be Held From March 11 In Mumbai

Textile Insights February 6, 2024

The Aid by Trade Foundation (AbTF) will organise the 2024 AbTF Cotton Conference from March 11-13 in Mumbai with a focus on innovative and digital ways to develop transparent and sustainable supply chains. Not for profit AbTF will bring together leading experts, researchers, and professionals from throughout the world to discuss current challenges, and their […]

Cotton

Despite Various Challenges Global Cotton Trade Up 10%: ICAC

Textile Insights February 5, 2024

Despite various challenges, particularly the Red Sea shipping crisis facing the global textile and garment sector, global cotton trade is up more than 10 percent over last season. This was revealed by International Cotton Advisory Committee (ICAC) in its February 2024 report. “Shipping problems are once again plaguing the cotton and textile industry, although not […]

Cotton

Euphoria Among Brazilian Cotton Farmers Over Growing Output

Textile Insights January 15, 2024

There is a sense of euphoria among Brazilian cotton producers and exporters as cotton production is growing, yields are now among the highest in the world and export sales too are soaring. This euphoria comes in the backdrop of a sharp fall in domestic cotton consumption due to the worsening situation in the Brazilian textile […]

Cotton

Uzbek Textile Sector Resurges After Boycott Ends In 2021

Textile Insights January 15, 2024

Uzbekistan is the world’s sixth largest cotton producer, and has seen massive growth in its textile sector following reforms and the end of an international boycott of Uzbek cotton. The boycott was started in 2010 by the Cotton Campaign due to allegations of forced harvesting, in which more than 2 million people, including children, were […]

Cotton

Year-End Cotton Prices Rise, But Hurdles Remain In 2024

January 10, 2024

The New Year is threatening to open a door to higher prices for cotton. The final week of the year saw higher prices each day – a very unusual trading pattern, and “unusual” can typically be associated with bullish news.   The daily price increases were small but nevertheless higher each day. However, small is […]