While the global cotton industry continues to face a number of challenges — trade uncertainties, slowing economic growth and weakening demand — consumption is still expected to set an all-time high in 2019/20, reaching 27.3 million tonnes, the International Cotton Advisory Committee (ICAC) said. However, that record-breaking number still won’t be enough to keep global […]
Global cotton consumption is projected to post its third straight year of growth — but just barely, with an expected increase of only 0.04%, the International Cotton Advisory Committee (ICAC) said in its latest forecast. Many of the top consuming countries are undergoing a slowing in consumption growth, including: East Asia — 6%, down from […]
By the conclusion of the 2018/19 season, world cotton stocks are projected to drop to 17.6 million tonnes, reflecting a decrease of 5 per cent from the previous year and registering the fourth straight year of decline, the International Cotton Advisory Committee (ICAC) said in its latest report. Consumption is expected to remain steady but […]
Global cotton reserves are seen falling to nine-year lows in the 2018/19 season due to a fall in production and a simultaneous rise in consumption, the International Cotton Advisory Committee (ICAC) said in a statement. The inter-governmental body projected a 3% decrease in production, a 3% increase in consumption, and a 10% drop in global […]
Global cotton consumption is estimated to increase by 4 per cent to reach an all-time high of 27.5 million tonnes in 2018/19, the International Cotton Advisory Committee (ICAC) said in its latest report. Global production for the 2018/19 season is currently projected at 25.9 million tonnes, which would represent a 4 per cent decrease. Global production […]
Cotton prices, which have remained high in 2017/18 at an average of 84.63 cents per pound, are expected to impact planting decisions to expand area under cotton for the 2018/19 season, the International Cotton Advisory Council (ICAC) said in a statement. World area under cotton has averaged 32.4 million hectares over the last ten years […]
The short-term outlook for cotton is positive despite expectations global cotton production will outpace consumption (25.7 million tons vs. 25.4 million tons), as strong textile demand in emerging markets will benefit cotton, the International Cotton Advisory Committee (ICAC) said. Consumption – which has steadily increased over the last three seasons – is expected to continue […]
Global cotton stocks will fall next season to the lowest in seven years, as consumption far outpaces falling production, the International Cotton Advisory Committee (ICAC) said The inter-governmental group said current projections for the 2017/18 season include production at 25.8 million tons and consumption at 25.4 million tons. “Production increases are coming off gains in […]
Following two years of declining planted area, global cotton area for 2017/18 is projected to increase by 11% to 32.5 million hectares, the International Cotton Advisory Committee (ICAC) said in a statement. It said planted area in India is estimated at 11.55 million hectares for 2017/18, with production projected to grow by 8.7% to 6.2 […]
Following two years of declining planted area, global cotton area for 2017/18 is projected to increase by 11% to 32.5 million hectares, the International Cotton Advisor Committee (ICAC) said in its latest report. “Planted area in India is estimated at 11.55 million hectares for 2017/18, with production projected to grow by 8.7% to 6.2 million […]
