Global cotton area, output and consumption seen up as 2021/22 season winds down – ICAC

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As the 2021/22 global cotton season comes to an end in about 13 weeks, the industry posted gains in most major categories vs the previous season, with area, production and consumption all increasing vs 2020/21, the International Cotton Advisory Committee (ICAC) said in its latest monthly report. One of the few exceptions is world trade, which […]

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Global cotton logistics seen improving after Covid struggle – ICAC

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Global cotton logistics might be starting to sort themselves out after a long and painful struggle through the Covid pandemic, the International Cotton Advisory Committee (ICAC) said in its latest monthly report, adding that the conclusions were drawn solely from US export data. “The USA has greater means to effect changes than most other countries […]

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Global cotton prices expected to remain high throughout 2021/22 – ICAC

Global cotton prices are expected to be volatile through the remainder of the 2021/22 season, but it is unlikely they will climb much higher than the current point, the International Cotton Advisory (ICAC) said in its latest monthly report. “The ICAC Secretariat does not expect prices or volatility to reach those of the infamous 2010/11 season, when prices […]

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Recovery seen in global cotton consumption, trade in 2021/22 season, says ICAC

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Global cotton production is projected to return to pre-pandemic levels next year after a 7% decrease in 2020/21, the Interntional Cotton Advisory Committee (ICAC) said in its latest monthly report. Even better, global consumption has recovered from 2019/20 to post a 12.5% increase to 25.59 million tonnes in 2020/21 and is projected to improve further to 25.8 […]

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Global cotton output, consumption and trade all expected to make gains in 2021/22

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Decreases in Brazil, India and the USA have caused a reduction in the 2020/21 global production estimate, but cotton output — along with consumption and trade — are all expected to increase in 2021/22, the International Cotton Advisory Committee (ICAC) said in its latest monthly report. It said production is expected to increase by 5% […]

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Global cotton prices might be influenced by more than traditional market fundamentals, says ICAC

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The International Cotton Advisory Committee (ICAC) said in its latest report that it expects global cotton production for 2020/21 at an estimated 24.6 million tonnes, led by India. Global consumption is estimated at 25 million tonnes, led by demand from China. Global trade, it said, was estimated at 9.8 million tonnes. The ICAC said these […]

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Higher consumption, lower production expected to draw down ending global cotton stocks in 2020/21

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The 2020/21 cotton consumption forecast has been revised upward this month from 24.2 million tonnes to 24.5 million tonnes, and while the projected 7% year-over-year increase isn’t nearly enough to offset the losses caused by the pandemic, it’s expected to outpace production, thus drawing stocks down by the end of the season, the International Cotton […]

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Pressure on global cotton prices set to ease on lower output estimate

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The world will be producing less cotton than what was expected for the current marketing year, which will ease a cycle of downward prices since the pandemic, says the International Cotton Advisory Committee (ICAC). Production of cotton this year has been revised down to 24.7 million tons from 24.9 million tons estimated earlier. The recovery […]

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Global cotton supply chain continues to suffer from COVID, trade tensions and sluggish economy – ICAC

The entire world might be tired of the COVID pandemic and simply want to be done with it — but it is, sadly, far from done with the cotton industry, the International Cotton Advisory Committee (ICAC) said, pointing to the possibility of production outpacing consumption in 2020/21. According to the ICAC, production of (24.9 million […]

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