International Stories

International

ICAC Unveils World Cotton Calendar

November 24, 2014

The International Cotton Advisory Committee has introduced the World Cotton Calendar, containing data on all aspects of cotton production field operations from 37 countries.

International

Foreign Governments Work to Stem Falling Cotton Prices

November 18, 2014

According to the Business Standard, government officials in India, China and Pakistan are working to put programs in place to protect their countries’ growers in the face of falling cotton prices.

International

Regulatory Logistics Delaying Launch of World Cotton Contract

November 14, 2014

Launch of the new World Cotton Contract has been postponed to early 2015 as ICE continues to sort through regulatory issues in Malaysia.

International

Jordan Lea Elected ICA President

October 16, 2014

Jordan Lea, chairman of Eastern Trading Company in Greenville, SC, has been elected 2014/15 president of the International Cotton Association.

Plexus: Market Still Has More Questions than Answers

October 3, 2014

Recent news from China has left the market cautiously bearish, mindful of the fact that there is still a lot of harvest time weather to negotiate.

ICAC – Lower World Cotton Prices to Persist in 2014/15

October 3, 2014

Noting the predicted 1.8 million tons of surplus cotton production and changes in China's cotton policy, a recent report from International Cotton Advisory Committee says prices are unlikely to rise to the levels of the last two seasons.

New Global Cotton Futures Contract Coming Early 2015

October 2, 2014

After a few regulatory delays, IntercontinentalExchange plans to launch its postponed global cotton futures contract early next year.

Nicosia Predicts Cotton to Rally Near $1 Over Next Decade

October 1, 2014

Cotton growers may not be happy with current world prices. But patience may pay off over the next decade, predicted industry expert Joe Nicosia of Louis Dreyfus Commodites.

Agreement Ends U.S.- Brazil WTO Cotton Dispute

October 1, 2014

The National Cotton Council expressed appreciation for the U.S. government’s successful efforts to conclude the U.S.-Brazil trade dispute in the World Trade Organization through negotiation, thereby avoiding trade retaliation.

China Announces Cuts to Cotton Import Quotas

September 22, 2014

In a move that could add more pressure to global cotton prices, China has announced that it will cut 2015 cotton import quotas to the minimum 894,000 tons required under its commitments to the World Trade Organization.

Brazil Cotton Production and Exports Below Forecast Targets

September 18, 2014

Low prices and larger-than-anticipated production cuts will leave Brazil’s cotton export numbers well below forecast, and could dash the country’s status as the world’s third largest cotton shipper.

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International

China National Cotton Exchange to Buy U.S. Cotton through The Seam

March 25, 2015

The Seam and the China National Cotton Exchange are working together to expand opportunities for U.S. cotton sales to buyers in China.

International

ICA to Conduct “Managing Risk” Training Prior to 2015 Annual Trade Event

March 24, 2015

The International Cotton Association will conduct its “Managing Risk” training course on October 28-29 in San Francisco, prior to the opening of the association’s Annual Trade Event.

International

New ICA Bylaws & Rules Become Effective April 1

March 17, 2015

A new, revised edition of the International Cotton Association’s Bylaws & Rules for cotton trading becomes effective April 1.

International

ICA Brings Contract Training to Turkish Cotton Community

March 9, 2015

Ninety cotton professionals recently completed the International Cotton Association’s Raw Cotton Contracting training session in Kahramanmaras, Turkey.

International

ICAC Projects Record Cotton Stocks Outside of China

March 3, 2015

ICAC analysts are forecasting world ending stocks outside of China to grow for the second consecutive year, marking the largest volume of world stocks in the last 35 years.

International

Registration Open for ICA Bremen Cotton Classing and Testing Program

February 19, 2015

Registration is now open for ICA Bremen’s Cotton Classing and Testing training, scheduled for July 7-16.

International

ICAC: Consumption May Soon Overtake Production

February 13, 2015

With global cotton plantings decreasing for 2015/16, projected increases in consumption may mark the first time in five seasons that consumption surpasses production.

International

India Moves to Stabilize Their Cotton Market

January 29, 2015

The recent move by Cotton Corporation of India to release 5,100 bales from its stock should help stabilize the cotton price this season.

International

Jamaica Looking to Rebuild Sea Island Cotton Industry

January 28, 2015

Considering today’s cotton market, it’s heartening to find a cotton-producing region that’s actively working to expand production.

International

Port Problems Choking U.S. Cotton Exports

December 9, 2014

Congestion and labor issues at major West Coast ports are threatening the timely delivery of U.S. cotton to China ahead of a key deadline for imports to arrive.

International

Turkish Cotton Association Joins ICA

December 2, 2014

Turkey’s Good Cotton Practices Association (IPUD) has joined the International Cotton Association.