Key executives from 12 Indonesian textile companies will get a close look at U.S. cotton production, processing, and marketing and meet with U.S. exporters as part of a COTTON USA Special Trade Mission to the U.S. Cotton Belt May 11-17.
The tour is conducted by Cotton Council International (CCI), the export promotions arm of the National Cotton Council (NCC). With offices in Washington, Memphis, London, Hong Kong, Seoul and Shanghai and dedicated representatives in several other countries, CCI helps strengthen key markets for U.S. cotton and cotton products in Europe, Asia, Latin America, South Asia and Africa.
Indonesia is the fifth largest importer of U.S. cotton, and U.S. export commitments to that country are 639,000 bales in the 2013-14 marketing year. The 12 companies represented on this trade mission collectively are expected to consume about 1.1 million bales, of which about 406,000 bales – or 37 percent – will be U.S. cotton.
CCI President Jordan Lea, a South Carolina merchant, said, “Yarn spinning is migrating from China to other Southeast Asian markets, and one of those is Indonesia. Indonesian spinners will become an even more important U.S. cotton industry partner in the future.”
Lea said the tour will offer an excellent opportunity to solidify relationships with these textile manufacturers and enhance future U.S. cotton purchases by educating these important customers about the advantages of U.S. cotton and bringing them face-to-face with U.S. cotton exporters.
The 16-member Indonesian delegation will begin its tour with a CCI briefing and an ICE Futures seminar in New York City. They will subsequently see cotton research in North Carolina, tour the USDA cotton classing office in Bartlett, TN, and visit a cotton farm in California’s San Joaquin Valley.
The group also will meet with exporters in the Cotton Belt’s four major regions and with key industry organizations including the NCC, American Cotton Producers, Cotton Incorporated, American Cotton Shippers Association, Southern Cotton Growers Association, Texas Cotton Association, Plains Cotton Growers Association, Lubbock Cotton Exchange, AMCOT, Western Cotton Shippers Association and Supima.
Source – Cotton Council International