Advertise Here [468 W x 60 H pixels]
Newsline-International | July 2015

World cotton imports may recover

In the 2015-16 season, world cotton imports may recover modestly, increasing 2 per cent to 7.7 mts with imports outside of China rising by 3 per cent to 6.1 mts. In 2011-12, Chinese imports more than doubled from the previous season to 5.3 mts and surpassed the total volume of imports by the rest of world, which reached only 4.4 mts. ´However, in the following seasons, Chinese imports declined while imports outside of China have grown steadily,´ says International Cotton Advisory Committee (ICAC).

´In 2014-15, imports outside of China are likely to increase 6 per cent to 5.9 mt, but will not offset the 45 per cent decline in Chinese imports to 1.6 mt,´ ICAC said. As a result, ICAC has projected world imports to be down 12 per cent to 7.5 mt in the 2014-15 season. Bangladesh, Vietnam and Indonesia are expected to be the three largest importers outside of China in 2015-16 due to the continued growth in their spinning sectors that rely primarily on imported cotton. Bangladesh´s imports are forecast at just under 1 mt in 2014-15 and are expected to remain stable in 2015-16. Vietnam´s imports are projected to rise 6 per cent to 927,000 tonne in 2015-16 and Indonesia´s imports to increase 4 per cent to nearly 800,000 tonne. US exports which experienced good demand for much of 2014-15 are expected to remain stable in 2015-16 at 2.3 mt.

On the other hand, India´s exports are projected down 50 per cent in 2014-15 to 1 mt, but could recover partially in 2015-16 to 1.2 mt. World cotton area is forecast down 7 per cent to 31.3 million hectares in 2015-16 due to low prices in 2014-15 and as a result, world cotton production is projected to be down 9 per cent to 23.9 mt. The announcement of a lower subsidy for 2015 in China is expected to lead to a 12 per cent decrease in area to 3.8 million hectares.

Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image


 
Advertise Here [728 W x 90 H pixels]
AB Carter India Pvt Ltd      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Batliboi Ltd      Best Power Equipments India Pvt Ltd      Bharat Beams Pvt Ltd      Chandra Electric Company      Elgi Equipments Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gem Equipments Ltd      Grasim Industries Ltd (Liva)      Henna Tex      Instamod Air Pipe Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mangal Singh Brothers Pvt Ltd      Meera Industries Ltd      Messe Frankfurt Trade Fairs India      Mohler Machine Works Pvt Ltd      Nestling Technologies      Premier Evolvics Pvt Ltd      Rabatex Industries      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Skaat Machine Works India Pvt Ltd      SRE Corporation      Sri Lakshmi Fire Controls      SSP Pvt Ltd      Techno Industries      Vetal Hitech Machines Pvt. Ltd      AB Carter India Pvt Ltd      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Batliboi Ltd      Best Power Equipments India Pvt Ltd      Bharat Beams Pvt Ltd      Chandra Electric Company      Elgi Equipments Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gem Equipments Ltd      Grasim Industries Ltd (Liva)      Henna Tex      Instamod Air Pipe Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mangal Singh Brothers Pvt Ltd      Meera Industries Ltd      Messe Frankfurt Trade Fairs India      Mohler Machine Works Pvt Ltd      Nestling Technologies      Premier Evolvics Pvt Ltd      Rabatex Industries      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Skaat Machine Works India Pvt Ltd      SRE Corporation      Sri Lakshmi Fire Controls      SSP Pvt Ltd      Techno Industries      Vetal Hitech Machines Pvt. Ltd