Author Archives: Drew Harris

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Vietnam’s Textile Industry Maintains Strong Fundamentals For Growth

Cotton Cotton International Partners With Vietnam For Retail Buying Tour. Cotton Council International held its first buyers tour to Vietnam last month, as 28 buyers from 12 Japanese retailers and trading companies traveled to Ho Chi Minh City for the event. Signaling growing cooperation between various countries and industry segments, CCI organized the event to

China Plans For More Domestic Production

Cotton-producing countries around the world look to China’s burgeoning spinning and textile industry as the new market behemoth that will demand raw cotton from the world market. While it is true that China’s textile industry will probably always be a cotton deficit country – needing to import raw fiber to meet its demand – Chinese government

Australian Cotton Looks To The Future

During the five seasons from 1997 to 2002, Australia’s cotton production eclipsed 3 million bales each year and crested at 3.7 million in 2000/01. Those were good times for Australia’s flourishing cotton industry, as the quantity was buttressed by high-quality fiber. Five years later, Australian quality still reaches benchmarks that make the country a favorite

Vietnam’s Textile Industry Maintains Strong Fundamentals For Growth

Cotton Council International Partners With Vietnam for Retail Buying Tour Cotton Council International held its first buyers tour to Vietnam last month, as 28 buyers from 12 Japanese retailers and trading companies traveled to Ho Chi Minh City for the event. Signaling growing cooperation between various countries and industry segments, CCI organized the event to

American Cotton Shippers Meet For 83rd Annual Convention

Members of the American Cotton Shippers Association convened at the Four Seasons Resort and Club Dallas at Las Colinas on May 24-26 for their 83rd annual meeting. The meeting included guest speakers from the International Cotton Association, International Cotton Advisory Committee, Mallory Alexander International Logistics and Deutsche Bank Commodity Services. Keynote speakers were Jim Angle,

Chinese Delegation Purchases $500 Million of U.S. Cotton

With great fanfare, a Chinese delegation representing textile companies, non-governmental agencies and several government offices joined U.S. cotton merchants May 18 at the renowned Peabody Hotel in Memphis, Tennessee to sign contracts to purchase more than $500 million of U.S. cotton. Xiao Ling, Deputy Director at the China Chamber of Commerce for Import & Export

ICAC Forecasts Higher Prices In 2008

What’s the outlook for cotton in 2007/08? With production projected slightly down and consumption forecast to increase by 3%, a significant decline in stocks-to-mill use ratio could mean higher cotton prices in the coming year. That’s what International Cotton Advisory Committee (ICAC) economist Alejandro Plastina said in October during the ICAC’s 66th Plenary Meeting in