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Related Keywords: all other major producing countries, driven by the USA, during the 2017-18 cropping season, global production trends report, increase by ten percent, International cotton advisory committee, largest output growth margins, Production is projected to increase, projected world cotton production, reaching an estimated 25.4 million tonnes

The global production trends report released this month, the International Cotton Advisory Committee projected world cotton production to increase by 10%, reaching an estimated 25.4 million tonnes during the 2017/18 cropping season. Production is projected to increase in all other major producing countries including India, China, Pakistan, Brazil, Francophone Africa and Turkey. It forecasts the largest output growth margins to be driven by the USA.

Related Keywords: below the 20-year average, China cotton production, entirely due to expansion in world cotton area, India expected to remain the world’s largest cotton producer, International cotton advisory committee, output increasing, projected to increase by eight percent, projected to rebound, world average yield, world cotton production

In 2017/18, world cotton production is projected to increase by 8% to 24.9 million tons due entirely to an 8% expansion in world cotton area to 31.7 million hectares, which is below the 20-year average of 32.7 million hectares. The world average yield is forecast at 785 kg/ha. India is expected to remain the world’s largest cotton producer in 2017/18 with output increasing by 6% to 6.1 million tons. After falling by 6% in 2016/17, China’s production is projected to rebound by 7% to 5.2 million tons.

Related Keywords: better price realisation by farmers, by seven percent, consumption by textile mills, during the current year, forecast to recover by 2 percent, International cotton advisory committee, likely to see increase in area under cotton, Normal monsoon forecast

A ‘normal’ monsoon forecast and better price realisation by farmers during the current year likely to see increase in area under cotton by 7 percent during the 2017-18 season, according to the International Cotton Advisory Committee.

Also consumption by textile mills is forecast to recover by 2% due to competitive prices for cotton yarn products, capacity expansion, and the resolution of adverse impact caused by demonetisation.

Related Keywords: cotton crop, current fiscal, demand for cotton, especially by mills, farmers, fetch relatively higher prices, higher output, increase acreage under cotton, International cotton advisory committee, rising and result in consistent fall in year-end stocks of cotton, sustain remuneration levels

With cotton crop able to fetch relatively higher prices in 2016-17 and is expected to sustain remuneration levels in the current fiscal as demand for cotton, especially by mills, is also rising and is likely to result in a consistent fall in year-end stocks of cotton, according to the International Cotton Advisory Committee (ICAC). Farmers are likely to increase acreage under cotton, resulting in higher output going forward.

Related Keywords: after period of eight months, amid unusual hike in price, India it would decrease, India via Wagah border crossing, Indian cotton, International cotton advisory committee, Pakistan resumed cotton imports, Pakistani mills owners, per hectare production of cotton in Pakistan would increase, significant drop in interest

Chairman of Pakistan Cotton Ginners Forum Ihsan ul Haq stated that Department of Plant Protection (DPP) halted cotton imports from India via the Wagah border crossing amid rising tensions between the two countries. However, the ban has been lifted after period of eight months and Pakistani authorities have permitted import of cotton via Wagah Border Crossing.

Pakistan resumed cotton imports from India via Wagah border crossing after period of eight months. But there has been a significant drop in interest of Pakistani mills owners in Indian cotton amid unusual hike in price.

Related Keywords: China worlds top cotton buyer, fall to five year low, import limitations, International cotton advisory committee, off load huge cotton reserves, policy of Chinese government auctions, production in China to fall, set to pare its imports to the minimum levels, shrink cotton stocks

The International Cotton Advisory Committee forecast that the policy of Chinese government auctions to off load its huge cotton reserves, and import limitations, will shrink Chinese cotton stocks by 7% in 2015-16, and a further 10% in 2016-17. Chinese cotton stocks will fall to a five-year low.

The sharp decline in Chinese imports, and falling domestic production, will help draw down stocks even as Chinese demand falls.

According to the US Department of Agriculture forecast China's cotton stocks to fall by 6 percent in 2015-16, to 13.9m tones.

Related Keywords: cotton consumption declining, cotton production, cotton textile export, International cotton advisory committee, Pakistan fourth largest producer of cotton, Pakistan textile sector, performing poorly in cotton trade

Pakistan despite being the fourth largest producer of cotton has been performing poorly in cotton trade. The cotton consumption is likely to decline by 12 percent this year. By consuming 2.2 million tons of cotton, Pakistan would be exporting around $13 billion of cotton products whereas with the same quantity of combined cotton production Bangladesh and Vietnam would generate exports of $54 billion, according to a recent cotton update by the International Cotton Advisory Committee.

Related Keywords: Bangladesh rise in cotton consumption, cotton consumption will rise to twenty percent, favourable government policies for textile sector, global apparel trade, higher demand from garment makers, International cotton advisory committee, more than one million tonnes, Vietname major competitor of Bangladesh, world cotton production

Bangladesh to witness rise in cotton consumption by 10 percent to more than one million tonnes due to higher demand from garment makers and favourable government policies for the textile sector while cotton consumption in Vietnam, one of the major competitors of Bangladesh in global apparel trade, will rise 20 percent to 1.1 million this fiscal year, as per the latest report released last week by the International Cotton Advisory Committee.

Related Keywords: Albini Group, Aldo Pienzi, Andrei Guitchounts, Christian Dior SE, Egyptian cotton, Egyptian farmers, Hermes International, International cotton advisory committee, Kuwait, President Hosni Mubarak, Saudi Arabia, United Arab Emirates

Egyptian cotton lauded for its soft texture and durability has been used to produce some of the world’s premium linen and clothing for over two centuries is presently facing a serious decline in its cotton production due to the ongoing political turmoil in Egypt.

Related Keywords: cotton price, International cotton advisory committee, Polyester price, production, Worl cotton consumption

World cotton consumption is projected to upsurge by five percent to touch 24.5 million tons, while cotton production to stand at 25.5 million tons in 2014-15, down from 26.1 million tons in 2013-14, according by International Cotton Advisory Committee (ICAC) as cotton and polyester prices congregate.