Cotton

USDA Projects Global Cotton Consumption Increase Of 3%

Textile Insights May 18, 2024

In its latest May 2024 report, the US Department of Agriculture (USDA) has projected global cotton consumption to increase by 3 percent year-on-year. While, global cotton production is expected to rise by 5.4 million bales, each weighing 480 pounds and total 119.05 million bales. “This boost in

Cotton

Year-End Cotton Prices Rise, But Hurdles Remain In 2024

Textile Insights 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

Global Cotton Mill Use Surges In 2023-24, Reducing Ending Stocks

Textile Insights September 21, 2023

The latest projections from the U.S. Department of Agriculture (USDA) for the 2023-24 cotton season (August–July) reveal a significant uptick in global cotton mill use. It is set to increase by 6.5 million bales, equivalent to a 6 per cent rise, reaching 116.9 million bales, marking the highest figure since 2020-21 (see Figure 1). Pakistan […]

Cotton

Version 3.1 Of Better Cotton Claims Framework Launched

Textile Insights August 6, 2023

Better cotton has announced an update to the better cotton claims framework – the set of guidelines which establishes guidance and rules to ensure that members can make claims about their commitments to better cotton in a credible and positive way. The update, version 3.1, simplifies the document for improved usability, including a quick reference […]

Special Report

USDA: 2023/24 Global Cotton Use Forecast At 3-Year High

Textile Insights May 28, 2023

Global cotton consumption is forecasted at 116.2 million bales, up more than 6.6 million from the previous year. Greater cotton supplies, lower producer price inflation, low global cotton yarn stocks, and greater margins for spinners are expected to boost future use. Consumption is forecast at the second highest level in 5 years and implies an […]