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

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 […]

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 […]