The global cotton market is set for significant growth over the next decade, driven by rising consumption and advancements in production techniques, according to OECD-FAO Agricultural Outlook 2024-2033 report. Cotton consumption is forecasted to increase by 1.7% annually, fueled by population
The third meeting of the Committee on Cotton Production and Consumption (COCPC) for the 2023-24 cotton season was held on June 24, 2024, under the chairpersonship of Textile Commissioner Roop Rashi. The meeting included representatives from the Central and State Governments, the textile industry, the cotton trade, and the ginning and pressing sectors. The committee […]
In the latest report on the 2023-24 US cotton balance sheet, there is a marginal decrease in consumption, but a noticeable uptick in production and ending stocks. Production saw a rise of 273,000 bales, reaching 13.1 million bales, with lower output in Texas offset by increases elsewhere. Domestic mill use saw a decrease of 100,000 […]
All-round growth can happen only if cotton is looked at holistically as fibre, food, feed, fodder and also fuel, says Suresh Kotak, Chairman, Textile Advisory Group. Kotak was speaking at the 81st Plenary Session of International Cotton Advisory Committee (ICAC) held from 2nd to 5th December, 2023, at Jio World Convention Centre in Mumbai. The […]