Home > Global Perspectives > Asia Pacific > 2012
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Home > Global Perspectives > Asia Pacific > 2012
Asia PacificChina to Account for More than Half of Global Imports in 2011/12According to ICAC, China will account for 52% of global imports this season, thus reducing the amount of cotton available in the rest of the world this season.India Won't Lift Cotton Export BanAnand Sharma, India's textile and commerce minister, announced on Monday, April 9, that India will not permit additional cotton exports "until further notice."India Won't Lift Cotton Export BanAnand Sharma, India's textile and commerce minister, announced on Monday, April 9, that India will not permit additional cotton exports until an undisclosed future date.At the Halfway Point, Australia’s Harvest Is Looking GoodThe cool, wet conditions of summer that brought flooding to some areas have cut into yield potential, but production is still expected to reach a record 4.4 million bales.USDA Revises Global Stocks UpwardThe USDA’s April supply and demand report sent the market lower when it made major historical revisions and "found" almost 3.5 million bales in its database for India.TTMA President Phongsak Assakul: Brighter Outlook for SpinnersThai textile mogul to welcome attendees to Cotton 2012 Global Summit as the domestic spinning industry gears up for expected recovery.India’s Export Ban Could Prompt Mills to Switch to PolyesterFor the second time in two years, India’s government has decided to ban cotton exports to ensure an affordable supply of fiber for the domestic textile industry.ICA Releases Position Statement on India Export BanThe ICA believes that the current ban will disrupt global cotton trade and, once again, undermine India as a reliable trading partner in the future.Pakistan Breaks Record for Cotton ProductionAccording to the Pakistan Cotton Ginners’ Association, the production of seed cotton has reached about 14.4 million bales as of March 2012.CNCIC: Cotton Spot Price in China Stable with Weak IndicationsThe price of cotton lint in China has been stable but indications are weak, while prices for cotton futures in the Zhengzhou Commodity Exchange and China National Cotton Exchange E-forward markets decreased further.India’s Export Ban Benefits No One, Including Textile IndustryIt’s bad enough that the global cotton industry has suffered from the Indian export ban -- what adds insult to injury is that there’s no evidence than anyone, anywhere, benefitted from the decision.There’s No Substitute for Personal InteractionThe need to work together to build a stronger supply chain is greater than ever, and trading voicemail messages with your partners and customers simply won’t get the job done.Bt Cotton Plantings on the Rise in IndiaDespite all of the controversy over the years, the use of genetically modified cotton in India has made impressive jumps over the last decade.Key to Surviving Volatility: Closer Contact with PartnersCotton International 2012 Global Summit PreviewThere’s No Better Time to Meet Your Partners in AsiaGlobal Summit Preview: Southeast AsiaEuropean Textile Machinery Manufacturers Find Their NicheGlobal Textile ReportIndonesia Market Report: Cotton Off to a Slow StartSynthetic fibers have taken advantage of the lack of demand for cotton goods in both local and export markets.Pakistan Production Downgraded to 12.6 Million Bales for 2011/12Pakistan’s Cotton Crop Assessment Committee announced that the country’s 2011/12 cotton production will be about 10% lower than prior estimates.Retailers Ban Cotton from UzbekistanLeading apparel manufacturers from Western countries are boycotting Uzbek cotton, citing the alleged use of child labor in its national cotton industry.Chinese Textile Industry Expected to Continue GrowthAlthough many of its competitors are seeing decreases in their textile and clothing industries, China is expected to continue its impressive growth.ITMF President Bashir Mohammad Calls for Collaborative SolutionsKeynote speaker at the Cotton International 2012 Global Summit looks to this forum to pave the way to the future.China’s Purchases Offset Bearish USDA ReportThe recent USDA report had a negative effect on global cotton prices, but some analysts believe the negativity is unwarranted due to continued purchasing from China.Global Summit Update: Emerging Markets Panel CompleteEthiopia's Endalkachew Sime joins fellow presenters Andrew Hong (AFTEX, representing Malaysia), Pham Minh Huong (VINATEX, representing Vietnam), and Anas Bahfen (Apac Inti Corpora, representing Indonesia) for a panel discussion at the Cotton International 2012 Global Summit.Learn How to Thrive in Volatile Times! Join Global Leaders at the 2012 Global SummitThought leaders from across the globe, representing sectors throughout the cotton and textile supply chain, to discuss techniques that create opportunity from volatility.CCTA President Zhu Beina: Communication and Cooperation Are Keys to GrowthZhu Beina, President of the China Cotton Textile Association, emphasizes that all links in the supply chain, regardless of size and importance, are dependent on one another. |
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