Cotton

USDA Forecasts Aussie Cotton Crop At 5mn Bales In 2023-24

Textile Insights April 18, 2024

Australia’s cotton production in the current season is forecast to rise by 200,000 bales to reach 5 million bales in the 2024-2025 cotton season, the US Department of Agriculture (USDA) said in its report The Aussie cotton crops are likely to benefit from average rainfall during the

Cotton

Chinese Import Of Aussie Cotton Leaps Between Jan & Oct

Textile Insights December 16, 2023

In the first ten months of the current year, China imported 1.38 million tons of cotton from various countries, a decline of 12.7 over the comparable months of earlier year. However, between January and October this year, these cotton imports from Australia rose by a massive 20 times to 192,000 tons. Chinese traders and importers […]

Cotton

Louis Dreyfus Bids $109mn For Full Takeover Of Namoi Cotton

Textile Insights November 29, 2023

Singapore-based agricultural group Louis Dreyfus has bid for a full takeover for Namoi Cotton, which is an Australian owned and operated company with the largest network of cotton gins in the country. Louis Dreyfus currently has a 17 percent stake in Namoi Cotton and is also a partner in two joint ventures with Namoi. Louis […]

Cotton

Australia Can Export 50,000 Tons Tariff Free Cotton To India

Textile Insights November 23, 2023

50,000 tons of Australian cotton can now be exported to India at zero percent import duty as against the 11 percent import duty imposed by the Indian government. This move is expected to encourage Australian apparel brands who wish to manufacture garments in India, using Australian cotton. Last week, a delegation made up of Cotton […]

Cotton

Vietnam Accounts For 37% Of Aussie Cotton Exports

Textile Insights October 14, 2023

Australian cotton is now exported to 16 different markets with Vietnam alone importing close to 37 percent of all Australian cotton exports. Exports to Vietnam have been targeted by Australian cotton merchants under the federal government’s Agricultural Trade and Market Access Cooperation (ATMAC) program. The ATMAC program has also allowed stronger engagement with

Cotton

Applications Open For Aussie Future Cotton Leaders Program

Textile Insights October 4, 2023

Cotton Australia has opened applications for the cotton industry’s premier entry-level leadership opportunity, the 2024 Australian Future Cotton Leaders Program (AFCLP). According to Cotton Australia, there are 15 spaces available for the best and brightest young minds dedicated to developing their leadership knowledge, skills and experience. Held every two years the AFCLP