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China to start clearing cotton stockpiles?
China will start selling its massive cotton stockpiles this year, in a move likely to depress demand as the country's mills hold off buying in anticipation of sales of discounted fibre. Market rumours have been hinting that China was preparing to release some of its holdings, which have swelled to around 10 million tons more than 40 per cent of world stocks.
Cotton output to fall, mill-use to rise
The projection for world production in 2015/16 is 111.3 million bales, which represents an 8 million bale decrease (-6.7%) relative to the 119.3 million bales harvested in 2014/15. The forecast for world mill-use in 2015/16 is 115.3 million bales
Cotton prices to remain subdued
Cotton prices in India are expected to remain subdued in the near future. Coming to the domestic scenario, prices are likely to trend in line with the international markets as domestic prices have plunged below the international levels offering no triggers for upside movement.
Quality is key for US cotton industry
The United States cotton producers are focusing their efforts to deliver quality cotton this year. A group of cotton producers, researchers, extension specialists, policy staff, industry personnel and bankers gathered in the Lubbock office of Plains Cotton Growers (PCG) to discuss the state of the cotton industry.
Cotton woes pile up
Cotton price is still down, and the global acreage is likely to follow suit. China´s warehoused cotton poses quality problem but in the medium-term, there could be reliefs with the demand for cotton from countries like India going up.
The cotton shake-up
Cotton was the first fibre for mankind. Its history is replete with controversies.
Samuel Joseph attempts to delve into some of the recent contentious issues that have blurred the white gold´s image.
Cotton, yarn export rule eased
With the continuous decline in prices of cotton and yarn, and marked drop in buying of cotton from China, the Union Government is making attempts to bail out the domestic industry and farmers in India.
Cotton prices stable; haze over China's policy
The USDA's latest report featured an increase to global figures for 2014/15 beginning stocks (+336,000 bales, to 100.3 million) and production (+376,000 bales, to 118.0 million) as well as a decrease to the estimate for world consumption (-479,000 bales, to 112.1 million).