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How will China cotton policy change impact the world market?

China is the largest importer of raw cotton in the global market. In 2011, the Chinese government began stockpiling cotton in an effort to support domestic farmers through the establishment of purchase prices. In 2012, the government stockpiled 85% of

How will China influence the cotton market?

The December cotton contract closed below its 50- and 100-day moving averages at 85.24 cents and 85.72 cents on Monday, an indication of technical pressure in a market that has been largely range-bound in recent sessions. Trading volumes totaled fewer

Declining cotton production will lead to higher prices in 2013-14

“Global cotton production will decrease by 11 percent to 23.2 million tons (106.56 million bales) in 2013-14 due to lower cotton prices and increased attractiveness of competing crops”, says the International Cotton Advisory Committee (ICAC)┬áin its latest market outlook published