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Web Exclusive | January 2017

Cotton prices may fall

The International Cotton Advisotry Committee (ICAC) Secretariat forecasts that the season-average Cotlook A Index in 2016/17 will range between 66 and 83 cts/lb, with a midpoint of 74 cts/lb, which would be 4 cts/lb higher than last season. The current season started with a large shrinkage in stocks, particularly from countries in the Southern Hemisphere, which saw ending stocks in 2015/16 fall by 21 per cent to 1.6 million tonne (mt), the lowest since 2009-10.

The shortage in supply has carried through the first few months of the 2016-17 season, as the bulk of the crop was still being harvested, keeping prices firm. However, world cotton production in 2016-17 is projected to rise by 8 per cent to 22.8 mt, which may put pressure on cotton prices in the latter half of the season. World ending stocks may fall by 7 per cent to 18 mt in 2016-17, though stocks outside of China are expected to grow by 6 per cent to 8.7 million tonne.

With the exception of China, cotton production is projected higher in the top five producing countries. India’s cotton production is forecast to increase by 4 per cent to just under 6 mt, making it the world’s largest producer. Despite declining by 4 per cent to 4.6 mt, China would be the second largest producer in 2016-17. Production in the United States could rise by 28 per cent to 3.6 mt while production in Pakistan recovers by 20 per cent to 1.8 mt as efforts to prevent the reemergence of pink bollworm have been effective.
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Enterprises Pvt.Ltd (Processing - Digital Printing)      A.T.E. Enterprises Pvt.Ltd (Processing ETP)      A.T.E. Enterprises Pvt.Ltd (TCC)      AB Carter India Pvt Ltd      Advantex Technology Solution LLP      Alidhra Weavetech Pvt Ltd      AM Inno-spin Systems Pvt. Ltd      Apex Precision Mechatronix Pvt Ltd      Arudatta Triotex Engineers Pvt Ltd      Autotex Ancillaries Pvt Ltd      Barnet India Pvt Ltd      Basant Wire Industries Pvt Ltd      Batliboi Ltd      Belmark Industries      Bhagyarekha Engineers Pvt Ltd      Bharat Beams Pvt Ltd      Bharat Bijlee Ltd      Biancalani Srl      Bianco Textile Solutions India Pvt Ltd      Bohmen Industries      Bracker AG (Rieter)      British Textile Machinery Association      Bry-Air Asia Pvt Ltd      C. S Panchal And Co.      C.Gheewala And Co.      Colorjet India Ltd      Continental Engineering Indus Pvt Ltd      Croda India Co.      CS-ITEC Systel Private Limited      Custom Logics Pvt. Ltd.      Dhara Engineering Works      Duratech Automation Pvt Ltd      Dynamic Motors and Services      Elgi Electric and Industries Ltd      Elgi Equipments Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Exolloys Engineering Pvt Ltd      Fadis Textile Machinery      Ganesh Engineering      Gayatri Industrial Engineers      Golden Precision Products P Ltd      Golden Precision Products P. Ltd / Golden Engineering Co.      Graf (Rieter India)      Grasim Industries Ltd      Groz-Beckert Weaving      HMSU Rollers (India) Pvt Ltd      Indigo Prints Smart Pvt Ltd      Inditech International (Binsfeld)      Innova Machines      ITEMA WEAVING (INDIA) PVT LTD      J.V. Engineers      Jacobi Machinery Pvt Ltd (Simta)      Jacobi Machinery Pvt Ltd (Simta)      Jiangyin Guoguang Calender And Fibre Roller Co., Ltd      Jogindra Industries Pvt Ltd      K K Engineering Works      K U Sodalamuthu and Co. Pvt Ltd      Kanai Juyo Kogyo Co. Ltd      Ketex Industrial Handling Pvt Ltd      Key Textile Accessories Pvt Ltd      Kirloskar Toyota Textile Machinery Pvt Ltd      Kobelco Compressors India Pvt Ltd      Koerting Engineering Pvt Ltd      Kothari Techno Tex      Krofta Engineering Ltd      Kusters Calico Machinery Pvt Ltd      Lakshmi Card Clothing Mfg Co. Pvt Ltd      Lakshmi Machine Works Ltd      Laxmi Shuttleless Looms Pvt Ltd      Laxmi Textile Stores      Lifebond Machines Pvt Ltd      Loepfe Brothers Ltd      Lucy Engineering Works Pvt Ltd      Luwa India Pvt Ltd      M K Brothers Mfrs Pvt Ltd      M Tex Enterprises / Megastar Coolers Pvt ltd      M.S.J Impex      Marvel Gloves Industries / FAB Industries      Marzoli Machine Textiles S.R.L      Mayur Reeds And Healds Pvt Ltd      Menzel Engineering India Pvt Ltd      MESDAN India Pvt Ltd      Metal Perforation Pvt Ltd      MM International      Mohler Machine Works Pvt Ltd      Moksha Thermoplastics Pvt. Ltd      Mylon Metallics Pvt Ltd      Mylon Metallics Pvt Ltd      Nanotek Agencies      Omkar Engineering Works      Oxford Electrohit      Panna Spin Equipments Pvt Ltd      Peass Industrial Engineers Pvt Ltd      Peeyespe Engg. Corporation      Perfect Equipment Pvt.Ltd (BONINO)      Perfect Equipment Pvt.Ltd (BONINO)      Picanol N V      Pioneer Industries      Prashant Gamatex Pvt Ltd      Premier Evolvics Pvt Ltd      Rabatex Industries      Reshmi Industries (India) Pvt Ltd      Rieter India Pvt Ltd      Rieter India Pvt Ltd (Novibra)      Rieter India Pvt Ltd (Suessen)      S Mohanlal Group of Companies      S Mohanlal Group of Companies      Sahas Engineering Corporation      Sainit Textiles / Sainit Exports      Sakthi Textile Engineers      Saurer Components Gmbh      Saurer Textile Solutions Pvt. Ltd      Savio Texcone (P) Ltd      SG Pneumatics Pvt Ltd      Shail International Pvt Ltd      Shakti Textile      Sheeba Engineering Co.      Sheltronics Control Systems Pvt Ltd      Shivam Engineering Works      Shree Gayatri Heald Mfg. Co.      Shree Ram Textile      Shree Weltex Industries      Shrutex Overseas      Skaat Machine Works India Pvt Ltd      Skaat Machine Works India Pvt Ltd      SMEW Textile Machinery Pvt Ltd      Solid Wheels Industries      Sopromatex (UCMTF)      SPINCAN Manufacturing Co.      SRE Corporation      Sri Lakshmi Fire Controls      Staubli AG      Stella India      Sunrise Industries      Tai Ho Shing Knitting Machinery Co. Ltd      Taining Machine Industrial Co. Ltd      Tech Shivam Industries      Techno Industries      Texfab Engineers (India) Pvt Ltd      Textech Industries India Pvt Ltd      The Indian Card Clothing Co. Ltd      Umargaon Textile Machinery Pvt Ltd      Uster Technologies AG      Vaari Textile Machine India Ltd      Vetri Engineers      Weltex Industries      Yale Synthlube Industries      Yamuna Machine Works Ltd