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India dreams of capturing 8-9 per cent of the total global trade by 2020, however looking at the present scenario, it may capture a share of only 5-6 per cent by 2020.
Cotton & MMF outlook-2020
World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
Global cotton consumption pruned
Due to uncertainties in the world economy and trading market, the International Cotton Advisory Committee (ICAC) Secretariat has revised its global consumption forecast for 2018/19 downward to 27.5 million tonnes.
A COTTON OF CRISIS
All is not well on the cotton front! Fall in production and acreage, and wild fluctuations in the prices beginning late last year have dampened the spirit of the industry. On the farm front, ravages of bollworm have added to the woes of the suppliers.
ICAC: Global cotton consumption to rise
The International Cotton Advisory Committee, Washington, has announced recently it expects global cotton consumption to increase in the coming year.
ORGANIC COTTON: Thorny issues stifle growth
India is still miles away from tapping the full potential of organic cotton despite a major global share of 56 per cent and a promise of 20 per cent higher return for farmers from this white gold. An ITJ Exclusive portrays the problems and prospects.
Sharp fall in cotton forward contracts in Gujarat
Gujarat is witnessing a sharp decline in forward contract of cotton for export in the new season. Gujarat, which accounts for about 25-30 per cent share in India’s total exports, etc.
Uncertainty over cotton prices in 2017/18
In 2017-18, world cotton production is projected to increase by 8 per cent to 24.9 million tonne while the global cotton consumption is forecast to rise by 2 per cent to 25 million tonne.
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