Cotton

Partnership On Climate-Smart Rainfed Regenerative Cotton

Textile Insights June 30, 2023

Trimco Group, a developer of supply chain traceability, data management, and RFID solutions has collaborated with Raddis System on climate-smart rainfed regenerative cotton. The partnership aims to transform the textile supply chain into value networks from seed to finished product, with

Cotton

Cotton Corporation of Tamil Nadu In Offing

Textile Insights June 26, 2023

The Tamil Nadu government has plans to establish the Cotton Corporation of Tamil Nadu in a public-private partnership (PPP) model. The government will also consider setting up of a separate commission for procuring cotton and selling directly to spinning mills. This was informed by Minister for Handlooms and Textiles, R. Gandhi, who added that the […]

Cotton

Global Cotton Mill Use To Rebound in 2023/24

Textile Insights June 23, 2023

World cotton mill use is forecast to rebound in cotton year 2023-24 to 117 million bales (1 bale = 480 pounds), up seven percent or 7.9 million bales from the previous cotton season. After two years of decline in mill consumption, attributable in part to relatively high cotton fibre prices and rising yarn and fabric […]

Cotton

Higher Cotton Output Forecast for Brazil, Pakistan & Australia

Textile Insights June 22, 2023

The US Department of Agriculture (USDA) has forecast higher cotton production for Brazil, Pakistan, and Australia in cotton year 2023-24. Brazil’s cotton production is projected at 13.25 million bales (1 bale = 480 pounds) for 2023-24, marginally above 2022-23, while area under cultivation forecast remains unchanged. The agency has also projected a slight increase in […]

Cotton

Global Cotton Output Slightly Higher In 2023-24

Textile Insights June 21, 2023

Global cotton production in cotton year 2023-24 is forecast at 116.7 million bales (1 bale = 480 pounds), 400,000 bales or slightly higher from the previous cotton year and which had the largest crop in four years. According to United States Department of Agriculture (USDA) statistics, the higher production is forecast for most of the […]

Cotton

USDA Projects 16% Higher US Cotton Crop in 2023-24

Textile Insights June 20, 2023

For the 2023-24 cotton season, the United States Department of Agriculture (USDA) has increased US cotton crop production projection to 16.5 million bales (1 bale = 480 pounds) or 14% above the 2022-23 crop and 6% above the 3-year average. “The June forecast increased due to recent precipitation in the Southwest region that improved moisture […]

Industry

Uzbek Textile Sector Implements Better Work Program

Textile Insights June 19, 2023

The Better Work program is being introduced in Uzbekistan with an aim to improve working conditions and competitiveness in the textile and garment industry of the country. A Memorandum of Understanding (MoU) was signed by the IFC, ILO, Uzbekistan Government, employers, and workers’ organisations, outlining the program’s terms. Better Work will focus on

Cotton

Global Cotton Trade To Grow 16% in 2023-2024

Textile Insights June 19, 2023

Global trade in raw cotton is expected to grow 16% year on year, to 43.8 million bales (1 bale = 480 pounds) in the 12 month period ending July 2024, as against the same period ending July 2023. According to a latest US Department of Agriculture (USDA) report, this hike in cotton trade in 2023-2024 […]

Industry

Tool For Spinners To Evaluate Performance Vis-À-Vis Others

Textile Insights June 17, 2023

The Cotton Council International (CCI) has launched an essential new benchmarking tool – the COTTON USA Mill Performance Index for spinning mills, which allows mills to evaluate their performance vis-à-vis others and definitively show the positive impact of US cotton. The COTTON USA Mill Performance Index anonymously collects data from participating spinning mills and