International Cotton Advisory Committee
Large cotton surplus, low prices are a multi-year problem
The world cotton surplus will top 21 million tonnes at the end of this marketing year, an 87 percent stocks-to-use ratio, says the International Cotton Advisory Council.
Fall in cotton price discourages planting below the equator
Cotton plantings in the Southern Hemisphere are forecast for 3 million hectares in 2014/15, down 12 percent from last season and the smallest total in five years, due to low market prices, said the International Cotton Advisory Council.
As market prices fall, Asian countries provide cotton supports
China, India and Pakistan are providing supports to cotton growers in the face of low market prices, said the International Cotton Advisory Council.
Global cotton stockpiles rise as pandemic curtails usage
Between stay-at-home orders and massive job losses due to the coronavirus, consumers are shunning apparel purchases, with the impact being felt all the way to the farm level, said the International Cotton Advisory Council on Monday. <strong>(No paywall)</strong>