The Latest International Cotton Market Cotton Express

Latest cotton output forecast in India

India Spin Minister Rao said that in October 2013, cotton production in India is expected to exceed 37 million bundles (170 kg / bundle) in 2013-14. 28 million 500 thousand of the bundles will be used for domestic consumption and the remaining 8 million 500 thousand bundles will be used for export.

The increasing planting area and the appropriate monsoon climate are all factors that drive up the expected cotton yield. But the cotton advisory committee thinks it is too early to predict cotton production. India's cotton production will affect the price of the global cotton market, because India is the second largest exporter of cotton in the world.

2013-14 Australia cotton Decreased planting area

Australian Ministry of agriculture and natural resources economic and technological Bureau released the 2013-14 annual report of crops, Australia's cotton planting area is expected to be reduced from 2% to 434 thousand hectares.

According to the report, the lack of irrigation water resources is one of the reasons for the decrease of planting area. Cotton production in New South Wales is expected to decline between 1% and 654 thousand tons in 13-14. Because planting area decreased by 2% compared with the same period, while the unit yield increased by 1%.

Production in Queensland is expected to decline by 1% to 336 thousand tons, and the planting area is expected to decrease from 2% to 155 thousand hectares, but the unit yield will be increased to 2.2 tons per hectare.

Pakistan cotton Express

The Pakistan cotton ginning Association released the 2013-14 cotton biweekly. It was announced that as of October 1, 2013, the cotton mill had gained 3 million 690 thousand bales of cotton, which was 6.88% higher than that of 3 million 450 thousand bales last year.

At present, Pakistan cotton ginning workers have rolled 3 million 280 thousand bales of cotton, of which 2 million 960 thousand bundles are indigenous. Textile mill For purchasing, 135 thousand bales are exported overseas, and the remaining stock is about 178 thousand bales.