Record imports by China (Mainland), combined with lower production and rising consumption in the rest of the world, will lead to 2005/06 world exports of an estimated 8.1 million tons, up 900,000 tons from this season.
The Cotlook A Index is expected to average 68 cents per pound in 2005/06. The projected 15-cent jump from the average anticipated for the current season is essentially the result of projected skyrocketing net imports by China (Mainland).
The structural imbalance between domestic production and consumption in China (Mainland) is expected to continue supporting cotton prices during the next seasons.
Click to view WORLD COTTON SUPPLY AND DISTRIBUTION
The International Cotton Advisory Committee is an association of 41 governments of cotton producing and consuming countries.
The Secretariat of the Committee publishes information related to world cotton production, supply, demand and prices, and provides technical information on cotton production technology.
International Cotton Advisory Committee
marketing@alchempro.com
