Cotton Mills In The World Are Turning To Other Countries To Influence The Profits Of China's Spinning Mills.

international cotton The Advisory Committee (ICAC) shared a common view on the supply and consumption of cotton at 2012-13 cotton price: the forecast of global cotton output and plant consumption reached 25 million 900 thousand tons and 23 million 400 thousand tons respectively, with an excess supply of 2 million 400 thousand tons.

Despite a sharp drop in cotton prices in the 2011-12 cotton season, the cotton season forecast for global cotton production fell by only 5%.

Owing to the high average price during the farming season, the government's policies and favorable weather conditions in some major cotton producing countries, the area of cotton cultivation has not declined. In the 2012-13 cotton season, global cotton plant usage may increase by 3%, which is driven by low cotton prices. However, global economic growth is expected to remain at a low speed. Spin Retail purchase of products. The global cotton factory consumption is also affected by the weakening of China's spinning department. Higher cotton prices than other parts of the world have affected the profits of China's spinning mills.

The geographical conversion of cotton production from China to other Asian countries is currently under way, but the actual degree of time needed to be verified is due to the lag of cotton consumption figures in some countries, which is difficult for some countries to obtain. China's imports of cotton yarn have increased markedly since the beginning of 2012.

The Secretariat of the International Cotton Advisory Committee is now in the 2012-13 cotton season, and the amount of cotton plants in India, Pakistan, Bangladesh, Uzbekistan, Indonesia, Indonesia and Thailand will increase.

After a rise in the 2011-12 cotton season, the global cotton trade is expected to decline by 21% to 7 million 700 thousand tons, due to China's low demand. However, imports from other countries in the world will rebound by 18%.

Exports from most of the big exporters will decline, especially in India, due to the increase in domestic cotton consumption.

In the 2012-13 cotton season, global cotton stocks are expected to reach a record 16 million 400 thousand tons, up 17% from the previous cotton season. Contrary to the previous cotton season, most of the growth will come from China Outside the country.