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#Raw Materials

Climate change demands new varieties, better water management, and flexibility

Climate change used to be something that the world was going to need to address decades from now, but that prediction was far too optimistic because — as farmers know all too well — it's already here.

Executive Summary

The March 2023 edition of Cotton This Month:

  • Addresses the devastating challenges of climate change
  • Warns that farmers will need to improve their water management practices
  • Explains how weather patterns are changing the places where cotton is grown


Rising temperatures and multiple 'storms of the century' will force the cotton industry to scramble for solutions, and everyone will need to chip in. It starts with scientists, who will be tasked with developing more durable and resilient varieties. Farmers will need to improve their water management and adopt regenerative agriculture techniques, and textile manufacturers need to choose more natural fibres. Everyone in the cotton supply chain has a role to play — as indeed, do all humans — even if it's nothing more than making better choices when we shop.

One of the most significant changes climate change has brought is where cotton is grown. As weather patterns change, places where cotton is currently grown are becoming too hot (or too dry, or too wet) so farmers are moving to areas where the climate is better suited to cotton. Of course, picking up a field, family and life to move elsewhere isn't an option for everyone, which will add to the challenges the cotton industry faces going forward.

On the bright side, as the headline indicates, there are tools at our disposal to mitigate the impacts of climate change. Whether or not humanity makes the right choices remains to be seen, but at least we have options.



Price Projections

The Secretariat’s current price forecast of the season-average A index for 2022/23 ranges from 85.39 cents to 124.65 cents, with a midpoint at 101.57 cents per pound. The price projection for 2022/23 is based on the ending stocks-to-mill use ratio in the world-less-China in 2020/21 (estimate), in 2021/22 (estimate) and in 2022/23 (projection), on the ratio of Chinese net imports to world imports in 2021/22 (estimate) and 2022/23 (projection), and the average price in 2021/22. The projection reflects a 95% confidence interval.


Cotton This Month is published at the beginning of the month with the Cotton Update published mid-month. The Cotton Update is a mid-month report with updated information on supply/demand estimates and prices. The next Cotton Update will be released on 15 March 2023. The next Cotton This Month will be released on 3 April 2023.


More News from International Cotton Advisory Committee (ICAC)

#Raw Materials

The 83rd Plenary Meeting: Reports from the ICAC Secretariat

Every year, one of the most anticipated sessions at the International Cotton Advisory Committee's (ICAC) Plenary Meeting is the Reports from the Secretariat — and the 83rd edition in Bremen, Germany, did not disappoint.

#Raw Materials

ICAC projects slight decline in production, relative stability for consumption

Global cotton production is projected to decline by 4% in the 2026/27 season to 24.8 million tonnes, while consumption is expected to remain relatively steady at 25.0 million tonnes, according to the March 2026 edition of Cotton This Month.

#Europe

ICAC to support European Commission on pending PEF legislation

The International Cotton Advisory Committee (ICAC) is proud to announce that it has been included as a member of the European Commission’s Technical Advisory Board (TAB) on the Product Environmental Footprint methodology. The Commission developed the Product Environmental Footprint (PEF) to assess and communicate the life cycle environmental performance of products and organizations.

#Natural Fibers

ICAC to collaborate with Uzbekistan and Bizpando on regenerative agriculture

The Government of Uzbekistan has allocated 55,000 hectares of land to implement a regenerative agriculture program for cotton as part of a collaborative project with the International Cotton Advisory Committee (ICAC) and Bizpando, a company with a a blockchain-based internet platform designed to ensure supply chain compliance.

More News on Raw Materials

#Raw Materials

Textile Exchange publishes cotton Life Cycle Assessment study to strengthen impact data

Textile Exchange has published the first in a series of seven Life Cycle Assessment (LCA) studies designed to improve the quality and robustness of environmental impact data for raw material production across the fashion, textile, and apparel industry. The first LCA study focuses on cotton and addresses critical data gaps and methodology variability through new high-quality data across key producing countries. The study includes organic, regenerative, recycled, and country averages for conventional cotton production systems, providing a clearer picture of the associated environmental impact.

#Raw Materials

Fashion for Good mobilises industry to adopt mass balance attribution and accelerate decarbonisation

Fashion for Good launches today the Mass Balance Demonstrator project, a collaborative industry initiative to implement and scale the mass balance attribution (MBA) chain-of-custody model for biomass-attributed PET in textile applications. The project represents a concrete step toward accelerating brand-driven decarbonisation across the apparel value chain.

#Raw Materials

A Powerful Opening: Global thought leaders launch the International Cotton Conference Bremen

The International Cotton Conference Bremen will open on 25 March 2026 in the Parliament building of the Free Hanseatic City of Bremen with a keynote session of exceptional calibre. Distinguished international experts will set the stage for the conference by offering incisive perspectives on the most pressing challenges and the defining trends shaping the future of the global cotton trade. Their insights will span a broad spectrum — from geopolitically driven disruptions affecting global supply chains to the opportunities emerging from innovation-led agriculture capable of supporting a growing world population. Together, these opening keynotes will frame the dialogue of the conference, highlighting both the complexity of today’s market environment and the pathways toward a resilient and forward-looking cotton sector.

#Raw Materials

Lenzing Group positions bio‑based materials as a strategic asset for Europe’s economic security

The Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, hosted a high‑level roundtable in Brussels to discuss how bio‑based materials can strengthen Europe’s economic security and support the shift toward a fossil‑free future. Organized in cooperation with Euractiv, the event brought together representatives of the European Commission, the UK Mission to the EU, academia, civil society, and industry.

Latest News

#Composites

KARL MAYER strengthens partnerships in the composites industry at JEC World 2026

KARL MAYER further strengthened its role as a reliable and competent partner to the composites industry at JEC World 2026. The global market leader in textile machinery manufacturing used the trade show to meet key customers, establish numerous new contacts, and engage in in-depth technical discussions.

#Recycling / Circular Economy

ABB and Syre partner to explore technologies for industrial-scale textile recycling

ABB has signed a Memorandum of Understanding (MoU) with Swedish textile impact company Syre to jointly explore technologies to support the development of Syre’s first textile-to-textile recycling plant in Vietnam. The agreement establishes a framework for collaboration to investigate how ABB’s automation, electrification and digital technologies could contribute to safe, efficient and scalable operations. It will also explore how these capabilities could further optimize process and quality control performance as Syre advances its ambition to produce circular polyester at industrial scale.

#Techtextil 2026

From Nature Performance to Circular Economy: Techtextil 2026 focuses on the future market for technical textiles

Alternative materials and recycling technologies are one of the most important future segments and drivers of innovation in technical textiles. Sustainability goals and regulatory requirements increase their relevance, while advances in performance and economic viability enhance their market competitiveness. Taking place from 21 to 24 April 2026, Techtextil reflects this key industry trend with a growing number of specialised exhibitors. With the new “Nature Performance” label, the leading global trade fair bundles relevant market offerings and facilitates access to new solutions – from natural fibres and yarns to bio-based materials and circular approaches.

#Research & Development

Textile cascade filter for removing microplastics from wastewater

Microplastics are now found almost everywhere, even in remote regions of Antarctica. They enter the human body through the food chain. Studies indicate that microplastics may have negative effects on the human health.

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