{"id":14380,"date":"2007-02-05T00:00:00","date_gmt":"2007-02-04T22:00:00","guid":{"rendered":"http:\/\/www.bio-based.eu\/news\/index.php?startid=20070205-02n"},"modified":"2007-02-05T00:00:00","modified_gmt":"2007-02-04T22:00:00","slug":"world-cotton-stocks-to-decrease-in-200708","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/world-cotton-stocks-to-decrease-in-200708\/","title":{"rendered":"World Cotton Stocks to Decrease in 2007\/08"},"content":{"rendered":"<p><b>In 2007\/08, world cotton production is forecast to remain stable at 25.3 million tons whereas world cotton consumption is expected to continue to increase to 26.5 million tons (+2%). As a result, world cotton stocks are expected to decline by 7% to 10.7 million tons by the end of 2007\/08. World cotton trade is projected up by 4% to 9.1 million tons in 2007\/08, driven by predicted higher Chinese imports.<\/b><\/p>\n<p>2006\/07 world cotton production is estimated at 25.3 million tons, 3% higher than last season thanks principally to higher yields. World cotton consumption is estimated at 25.9 million tons in 2006\/07, up 4%. World cotton imports are forecast to decline by 8% in 2006\/07 to 8.8 million tons, the second highest on record. <\/p>\n<p>The main reason for this projected decline is the expected drop in Chinese imports in 2006\/07. 2006\/07 exports are projected to decline in most large exporting countries including the United States, Uzbekistan, Brazil, and Australia. In contrast, 2006\/07 Indian exports, boosted by a bumper crop, are expected to reach a record.<br \/><img SRC=\"https:\/\/renewable-carbon.eu\/news\/wp-content\/uploads\/news-images\/20070205-02\/07-02_WorldCottonSupply.jpg\" align=\"left\" style=\"margin-right:10px;\" BORDER=\"0\" ALT=\"07-02_WorldCottonSupply.jpg\"\/><br \/>* Season-average Cotlook A Index (U.S. cents per pound). The price projections for 2006\/07 and 2007\/08 are obtained based on the year-to-year price differentials projected by the ICAC Price Model (based on annual variations in net China (Mainland) trade and world-less-China (Mainland) stocks-to-use ratio).<\/p>\n<p>The <a href=\"http:\/\/www.icac.org\/\" >International Cotton Advisory Committee (ICAC)<\/a> is an association of 42 governments of cotton producing and consuming countries.<\/p>\n<p>(Cf. news of <a href=\"https:\/\/renewable-carbon.eu\/news\/world-cotton-area-to-expand-slightly-in-200708\/\" >2007-01-08<\/a>, <a href=\"https:\/\/renewable-carbon.eu\/news\/fao-international-year-of-natural-fibres-2009\/\" >2007-01-03<\/a> and <a href=\"https:\/\/renewable-carbon.eu\/news\/nova-institut-study-about-the-use-of-natural-fibres-in-composites-for-the-german-automotive-production-from-1999-till-2005\/\" >2006-12-27<\/a>.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p><b>In 2007\/08, world cotton production is forecast to remain stable at 25.3 million tons whereas world cotton consumption is expected to continue to increase to<\/b><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[],"supplier":[],"class_list":["post-14380","post","type-post","status-publish","format-standard","hentry","category-bio-based"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/14380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=14380"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/14380\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=14380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=14380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=14380"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=14380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}