[pageLogInLogOut]

#Raw Materials

Higher consumption and lower production expected to draw down ending stocks in 2020/21

The 2020/21 cotton consumption forecast has been revised upward this month from 24.2 million tonnes to 24.5 million tonnes, and while the projected 7% year-over-year increase isn’t nearly enough to offset the losses caused by the pandemic, it’s expected to outpace production, thus drawing stocks down by the end of the season. Stock levels are expected to drop to 21.1 million tonnes by the end of 2020/21, which would represent a 1% decrease from the previous season.

Highlights from the March 2021 Cotton This Month include:


  • The cotton consumption forecast has been revised upward to 24.5 million tonnes for the 2020/21 season
  • The production forecast has been revised downward
  • As a result, ending stocks are forecast to decrease by 1% to 21.1 million tonnes
  • This month, the Secretariat’s price projection for the year-end 2020/21 average of the A Index is 75.7 cents per pound




The Secretariat is projecting an increase in global trade. Both China and Pakistan are forecast to increase imports, the former benefitting from the price gap between domestic and foreign cotton and the latter due to a decrease in domestic production. 

This month, the Secretariat’s price projection for the year-end 2020/21 average of the A Index is 75.7 cents per pound. 

© 2021 ICAC
© 2021 ICAC

 

Cotton This Month is published at the beginning of the month with the Cotton Update published mid-month. The Cotton Update, which is included in the Cotton This Month subscription, is a mid-month report with updated information on supply/demand estimates and prices. The next Cotton Update will be released on 15 March 2021. The next Cotton This Month will be released on 1 April 2021.

 


More News from International Cotton Advisory Committee (ICAC)

#Raw Materials

Global cotton consumption to exceed production in 2026/27 as Asian demand remains resilient

Global cotton consumption is projected to exceed production in the 2026/27 season as output declines across several major producing countries while demand remains relatively stable, according to the November edition of Cotton This Month, published by the International Cotton Advisory Committee (ICAC).

#Natural Fibers

ICAC announces 84th Plenary Meeting in Egypt with focus on cotton industry resilience

Registration is now open for the International Cotton Advisory Committee’s 84th Plenary Meeting, which will take place from 24 to 26 March 2027 in Alexandria, Egypt. The conference will address climate resilience, technological developments, sustainability and competitiveness across the global cotton and textile value chain.

#Raw Materials

New Cotton Review examines competitiveness, market risk, and opportunities

From moving record volumes of Brazilian cotton to market, to managing price volatility, unlocking Ethiopia’s production potential, and strengthening African textile trade, the latest edition of Cotton: Review of the World Situation examines some of the most consequential opportunities and challenges facing the global cotton industry.

#Raw Materials

Redesigned World Cotton Day website offers tools, ideas and inspiration

With World Cotton Day just one month away, the International Cotton Advisory Committee (ICAC) has launched a completely redesigned www.WorldCottonDay.com, creating a new global home for everyone who wants to learn about, celebrate, and support cotton.

More News on Raw Materials

#Natural Fibers

Better Cotton Initiative partners with FarmRaise to simplify data management for US cotton growers

The Better Cotton Initiative (BCI) has announced a partnership with agricultural technology company FarmRaise to simplify data collection, reporting and program participation for cotton growers in the United States. The digital platform will help farmers manage certification requirements, document agricultural practices and track progress towards regenerative agriculture goals while reducing administrative work. The solution is scheduled to become available in January 2027.

#Nonwovens

Lenzing invests EUR 27 million in US facility to expand specialty fibers for nonwovens

The Lenzing Group is investing EUR 27 million (USD 31 million) to expand specialty fiber production capabilities at its lyocell fiber site in Mobile, Alabama, USA. The investment forms part of the company’s “Grow NW. Reset TX.” strategy and will strengthen its global Nonwovens business, with a particular focus on short-cut fibers and customized wood-based solutions for specialty applications.

#Raw Materials

Kraig Labs ships first commercial spider silk yarn

Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“the Company”, “Kraig Labs”, or “Kraig’s”), a world leader in spider silk technology*, today announced the shipment of its first commercial order of recombinant spider silk yarn. The custom-engineered yarn was produced to fulfill a purchase commitment from a globally recognized performance sports brand and is slated for development into a first-of-its-kind performance textile.

#Raw Materials

ALLIED expands down traceability with lot-level carbon footprint data

ALLIED Feather + Down has expanded its TrackMyDown traceability platform to include validated cradle-to-gate carbon footprint data linked to individual down lots. The initiative is designed to provide brands and consumers with more detailed environmental information on the materials used in finished products and could also support future data requirements associated with Digital Product Passports.

Latest News

#Textile processing

YKK Bangladesh celebrates 25 years of fastening production and business development

YKK Bangladesh Pte. Ltd., a subsidiary of Japanese fastening manufacturer YKK Corporation, has celebrated its 25th anniversary with a commemorative ceremony in Dhaka on November 8, 2026. Since its establishment in November 2000, the company has expanded its manufacturing capacity and business operations alongside the growth of Bangladesh's apparel industry.

#ITMA Asia + CITME 2026

Murata Machinery to showcase AIcone winding and high-speed VORTEX spinning at ITMA ASIA 2026

Japanese textile machinery manufacturer Murata Machinery will present its PROCESS CONER AIcone automatic winder and VORTEX 870 EX spinning machine at ITMA ASIA + CITME 2026. Under the theme “Right Choice, Bright Future”, the company will highlight technologies for efficient yarn manufacturing, combining energy-saving winding solutions with high-speed air-jet spinning. Visitors can meet Murata Machinery in Hall 5, Booths E01 and E02.

#ITMA Asia + CITME 2026

DORNIER highlights airbag, filtration and composite weaving technologies at ITMA ASIA 2026

Lindauer DORNIER will present its latest developments in air-jet and rapier weaving technology for technical textiles at ITMA ASIA + CITME 2026. The German machinery manufacturer will focus on the reliable and efficient production of airbag fabrics, high-density filters and reinforcement textiles for fibre-reinforced composites. Alongside its A2 air-jet and P2 rapier weaving machines, DORNIER will highlight its TRITOS FLEX technology for complex 3D composite preforms, retrofit solutions and expanded service capabilities in Asia. The company will exhibit in Hall 3, Stand E02.

#Retail & Brands

Marks & Spencer expands across Asia Pacific through partnership with Global Fashion Group

Marks & Spencer (M&S) and Global Fashion Group (GFG) have announced a strategic partnership to expand the British retailer's fashion business across Asia Pacific. M&S has launched on Southeast Asian fashion platform ZALORA and plans to enter THE ICONIC in Australia and New Zealand in early 2027. The agreement also introduces regional fulfilment for Australian M&S.com orders, enabling faster deliveries and returns while supporting a capital-light international growth strategy.

TOP