Global Cotton Production And Consumption Realized Double Growth In 2016/17
The US Department of agriculture forecast in May that global cotton production and consumption in 2016/17 increased year-on-year.
Forecast shows that 2016/17 Global cotton Output has increased and consumption has increased slowly, but global inventories have declined for second consecutive years and almost all come from China. Next year, the increase in sales and consumption of China's cotton reserves will reduce the final inventory by 6 million 600 thousand bales.
USDA: sale of reserve cotton promotes cotton consumption.
Stocks outside China are expected to increase slightly, changing the current state of tension in other export banks except the US and Australia. Global imports are expected to decline slightly due to the resumption of cotton production in Pakistan and China's continuous digestion of reserve cotton, while imports from major importing countries such as Vietnam and Bangladesh have slowed down.
From the supply side, India, 2016/17, Pakistan The unfavorable growth environment in the southeastern United States will no longer exist. Production in Egypt, Turkmenistan, Turkey and some other countries in West Africa is also expected to increase. Due to the increase in global output, plus China's sales of cotton reserves, the next year's International Cotton price Will be more conducive to the production of textile mills.
Global consumption continues to grow on the basis of continued consumption growth in Vietnam and Bangladesh, and China's consumption is expected to recover.
The ongoing sale of reserve cotton and domestic price support policy will make domestic cotton prices continue to be substantially lower than those of previous years. Meanwhile, slower growth in cotton consumption in other countries is also the inevitable result of accelerated consumption growth in China, especially in the Vietnamese New Year.
- Related reading

Argentina Textile Industry Is Developing Steadily And The Future Is Worth Looking Forward To.
|- financial news | State Council: Four Measures To Support The Development Of Small And Micro Enterprises
- Latest topics | Nepalese Exporters Seek American GSP For Shawls
- Global Perspective | Vietnam'S Entry Into The Pan Pacific Economic Strategy Partnership Agreement Will Benefit The Ready Made Textile Industry
- Shoe Express | AOKANG Works Together With TV Veteran To Start Brand "Micro" Marketing
- Enterprise information | US Apparel Department Store J.C.&Nbsp; Penney Announces Full Price Cuts
- Instant news | 产业用纺织品行业 2012年将延续两位数增长
- Instant news | "Double Festival" To Promote Clothing Shoes And Hats Orders Increase Substantially
- Footwear industry dynamics | Money Back In The Pearl River Delta Shoe Business Will Face New Adjustment.
- City Express | 转变外贸增长方式成石狮企业新主题
- Instant news | At The End Of 12Th Five-Year, &Nbsp Will Be Exported To The Textile Industry For Us $300 Billion.
- Do You Wear The Right Glasses?
- Dragon Boat Festival Holiday Wind High Waist Skirt Match To Create Slender Body, Second Fashion.
- Planting 8 Grass Bags In Summer Is Practical And Versatile.
- Samaritaine Sa Mary Dan Stores Will Greet Guests In 2018.
- Dragon Boat Festival Long Holiday, The Latest Fashion Suit Matching Skills Make You Beautiful To Open.
- High Waist Shorts And What Tops Do You Want To Build?
- Fresh And Beautiful To Welcome Summer, All You Want Is Here.
- The Showcase Of Female Stars: Airport Shape Is Excellent.
- Crystal Powder And Quiet Blue Summer Wear Fresh And Sweet Making.
- Stock Market Outlook: Stock Market "Abandoned Like Garbage"