{"id":14689,"date":"2009-08-20T00:00:00","date_gmt":"2009-08-19T22:00:00","guid":{"rendered":"http:\/\/www.bio-based.eu\/news\/index.php?startid=20090819-04n"},"modified":"2009-08-20T00:00:00","modified_gmt":"2009-08-19T22:00:00","slug":"icac-modest-recovery-expected-for-cotton","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/icac-modest-recovery-expected-for-cotton\/","title":{"rendered":"ICAC: Modest Recovery Expected for Cotton"},"content":{"rendered":"<p><b>The World cotton area is expected to continue to decline to 30.4 million hectares in 2009\/10, the lowest area since 2002\/03.<\/b><\/p>\n<p>World cotton production is forecast stable at 23.6 million tons in 2009\/10, expected production increases in India, the United States, Pakistan and Australia are expected to be offset by declines in China (Mainland), Brazil, Uzbekistan, Turkey, Greece, Turkmenistan and Mexico. <\/p>\n<p>World cotton mill use is expected to recover slightly to 23.5 million tons in 2009\/10. However, this modest upturn is dependent upon an improvement in world economic growth.  <\/p>\n<p>World cotton trade is forecast 7% higher at 6.8 million tons, driven by an increase in imports by major consuming countries, including China (Mainland). Indian exports are expected to rebound strongly in 2009\/10, to 1.4 million tons. <\/p>\n<p>The season-average Cotlook A Index is expected to be unchanged. Based on an expected stable stocks-to-mill use ratio in the World-less-China (Mainland) in 2009\/10, the ICAC Price Model 2007 forecasts a season-average Cotlook A Index of 60 U.S. cents\/lb in 2009\/10 (the 95% confidence interval is between 51 and 71 cents\/lb). This would represent a 2% decline from the 2008\/09 average. <\/p>\n<p><center><img SRC=\"https:\/\/renewable-carbon.eu\/news\/wp-content\/uploads\/news-images\/20090819-04\/Bild_1.png\" align=\"center\" BORDER=\"0\" ALT=\"Bild_1.png\"\/><\/center><br style=\"clear:left;\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p><b>The World cotton area is expected to continue to decline to 30.4 million hectares in 2009\/10, the lowest area since 2002\/03.<\/b><\/p>\n<p>World cotton production<\/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":[386],"class_list":["post-14689","post","type-post","status-publish","format-standard","hentry","category-bio-based","supplier-international-cotton-advisory-committee"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/14689","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=14689"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/14689\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=14689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=14689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=14689"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=14689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}