Global cotton material goods produced and the spiky descent in the size of trade
In the 2008-09 cotton season, the world's cotton production is estimated to reach 108.3 million bags, a decrease of 10.2 percent from a year ago. In the 2008-09 cotton season, the world's cotton acreage fell by 6.3%, reducing 30.9 million hectares, mainly the United States and Brazil, the cotton planting area caused by a sharp cut-back. U.S. cotton acreage fell by 26.3 percent, to 3.1 million hectares. Brazil's cotton acreage fell by 18 percent, to 885,000 hectares.
U.S. Department of Agriculture in a recent report said that the high price of grain and oilseeds to cotton acreage to other crops has contributed to the conversion, this is because other crops can be more favorable rebate. The largest reduction in output is estimated that the United States, in the 2008-09 cotton season of cotton production is expected to drop to 12.8 million bags, about a third lower than a year ago. Other major cotton-producing countries is estimated that cotton production will drop.
,2008-09 in China's cotton fabric cotton quarter output outlook to come to 35.8 million sacks, 1.2 million packets fallen from a year before (3.2%). China's cotton fabric acreage outlook to come to six million hectares, down 3.2% from a year ago. The Chinese government for a buffer of somewhat reduced charges of the influence of household cotton fabric output in alignment to assurance the procurement cost of cotton. India's cotton fabric output is approximated to come to 23 million sacks, fallen 6.5 per hundred from a year ago; and Brazil's cotton fabric output is approximated to come to 5.8 million sacks, down 21% from a year before, the report indicates that the U.S. Department of Agriculture.
Cotton in the 2008-09 time of the year, the worldwide cotton material trade plunged 26 out of 100 prediction, 28.6 million parcel to reduce. The principle fault of the trade prediction by the quite small yields and frail global demand. As the world's greatest cotton material dealing nations of China's 2008-09 cotton material time of the year is assessed at 7,000,000 bales of cotton material deals, plunged 39 out of 100 from a year ago. From the world's second-largest cotton material exporter in India's cotton material trade overseas are looked frontwards to to descent 72%, lessen 2 million packets, and in fiscal year 2007-08, India's cotton material trade overseas have brought ahead a record of 7 million package. Indian agencies to the least support charge from the growers to pay for the outstanding cotton material, India, the least support costs higher than world market prices. Domestic least costs disheartened the establishment of the Indian cotton material in the global market sales.
In the 2008-09 cotton season, from Uzbekistan's cotton exports are forecast to be 32 percent decline, to reduce packet 3000000. And from the African franc zone cotton exports is estimated to reach 2.3 million bags, 12 percent decline from a year ago. From cotton exports in the United States is estimated to have declined 8.4 percent, lower packet 12500000; despite the drastic decrease of cotton production, competitive prices make exports to the United States as other countries to avoid sharp decline, as a result, the United States in the international cotton trade share is expected to rise, the U.S. Department of Agriculture's report added. - 18423
U.S. Department of Agriculture in a recent report said that the high price of grain and oilseeds to cotton acreage to other crops has contributed to the conversion, this is because other crops can be more favorable rebate. The largest reduction in output is estimated that the United States, in the 2008-09 cotton season of cotton production is expected to drop to 12.8 million bags, about a third lower than a year ago. Other major cotton-producing countries is estimated that cotton production will drop.
,2008-09 in China's cotton fabric cotton quarter output outlook to come to 35.8 million sacks, 1.2 million packets fallen from a year before (3.2%). China's cotton fabric acreage outlook to come to six million hectares, down 3.2% from a year ago. The Chinese government for a buffer of somewhat reduced charges of the influence of household cotton fabric output in alignment to assurance the procurement cost of cotton. India's cotton fabric output is approximated to come to 23 million sacks, fallen 6.5 per hundred from a year ago; and Brazil's cotton fabric output is approximated to come to 5.8 million sacks, down 21% from a year before, the report indicates that the U.S. Department of Agriculture.
Cotton in the 2008-09 time of the year, the worldwide cotton material trade plunged 26 out of 100 prediction, 28.6 million parcel to reduce. The principle fault of the trade prediction by the quite small yields and frail global demand. As the world's greatest cotton material dealing nations of China's 2008-09 cotton material time of the year is assessed at 7,000,000 bales of cotton material deals, plunged 39 out of 100 from a year ago. From the world's second-largest cotton material exporter in India's cotton material trade overseas are looked frontwards to to descent 72%, lessen 2 million packets, and in fiscal year 2007-08, India's cotton material trade overseas have brought ahead a record of 7 million package. Indian agencies to the least support charge from the growers to pay for the outstanding cotton material, India, the least support costs higher than world market prices. Domestic least costs disheartened the establishment of the Indian cotton material in the global market sales.
In the 2008-09 cotton season, from Uzbekistan's cotton exports are forecast to be 32 percent decline, to reduce packet 3000000. And from the African franc zone cotton exports is estimated to reach 2.3 million bags, 12 percent decline from a year ago. From cotton exports in the United States is estimated to have declined 8.4 percent, lower packet 12500000; despite the drastic decrease of cotton production, competitive prices make exports to the United States as other countries to avoid sharp decline, as a result, the United States in the international cotton trade share is expected to rise, the U.S. Department of Agriculture's report added. - 18423
posted by X - Men at
1:26 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home