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.

Cotton

Enhanced Focus On Sustainability Will Be Key To Robust Cotton Value Chain

January 10, 2024

Setting up a sustainable cotton textile production base will call for sourcing of sustainably-grown cotton fibre and deep engagement and a collaborative approach, along with exchange of ideas and leveraging of innovations will go a long way in making the cotton value chain robust and sustainable, say industry experts and observers. While the domestic cotton […]

Cotton

Cotton Outlook: Reduced Production In The US, Global Stocks On The Rise

January 9, 2024

December 2023/24 U.S. cotton forecasts include lower production, mill use and ending stocks. Production is reduced by 314,000 bales to 12.8 million largely due to a 500,000-bale decrease in the Texas crop. U.S. mill use is reduced by 150,000 bales as spinning activity continues to lag, and at 1.9 million bales, it is expected to […]

Cotton

High Volume Of Brazilian Cotton Exports Between Aug & Nov

Textile Insights December 26, 2023

Between August and November 2023, or just four months, the volume of Brazilian cotton exported is equivalent to half of the volume exported in the entire 2021-22 season. In the four months to November 2023, 770,220 tons of cotton has already been shipped, which is more than half of the quantity of total 1.449 million […]

Cotton

Uzbekistan Cotton Output To Drop 8% In 2023-24 Season

Textile Insights December 26, 2023

Uzbekistan’s cotton production in the 2023-24 season is forecast to be 621,000 tons, a drop of 8 percent year on year, due to poor weather conditions. Cotton cultivation acreage in the 2023-24 season in Uzbekistan will be 950,000 hectares, down 3 percent over the previous season. A recent cotton report of the US Department of […]

Cotton

Chinese Cotton Production Decreases 6.1% In 2023

Textile Insights December 25, 2023

Chinese total cotton output stood at 5.61 million tons in 2023, down 362,000 tons or 6.1 percent compared with 2022, according to data of the National Bureau of Statistics (NBS). Cotton cultivated acreage amounted to 41.82 million acres in the ongoing year, a decline of 7.1 percent or 3.18 million acres over the earlier year. […]

Cotton

CAI Reduces India’s Cotton Output Forecast By 8% For 2023-24

Textile Insights December 22, 2023

Cotton production in India may drop by around 8 percent over the previous season to 294.10 lakh bales of 170 kg each in the 2023-24 season, due to lower yields in most cotton growing regions. This was informed by the Cotton Association of India (CAI) in its December cotton estimates report released this week. The […]

Cotton

Cotton Output To Be Up 33% In Three West African Countries

Textile Insights December 21, 2023

The US Department of Agriculture (USDA) in its latest report has indicated that cotton production in three key cotton producing West African countries is expected to be 2.06 million bales, up 33 percent year on year. Cotton output in Mali, Burkina Faso, and Senegal is forecast to rise in the 2023-24 season, although cotton acreage […]

Cotton

Cottonconnect Expands Cotton Traceability Platform To Brands

Textile Insights December 20, 2023

CottonConnect, a social enterprise that focuses on creating a more sustainable and responsible cotton industry has made its TraceBale traceability platform available to the wider apparel industry. TraceBale traceability platform is expected to help brands address supply chain transparency challenges. TraceBale is now available as a standalone solution to all within the

Cotton

Pakistan’s Cotton Output Down 33% From Target In 2023-24

Textile Insights December 20, 2023

8.02 million bales of cotton had been ginned across Pakistan by December 15, as against 4.90 million bales of 170 kg each in the same period in the previous season. It may be recalled that Pakistan’s cotton crop was destroyed by the massive floods that the country faced last year, due to which cotton production […]