International Stories

International

Global Cotton Roundup – June 20

June 20, 2014

A review of some of the top industry stories impacting the global cotton market.

International

USTER Debuts Total Contamination Control System

June 17, 2014

Uster Technologies is integrating existing USTER applications with systems from the recently-acquired Jossi Systems AG provide a Total Contamination Control system for spinners.

International

Bears Still Impacting Market, But Chinese Mill Updates Driving Demand

June 9, 2014

As the bears continue their month-long rule of the cotton market, upgrades and investment in Chinese mills are driving demand for machine-harvested, high grade foreign cotton.

International

ICA Members Approve Safer Trading Regulations

June 4, 2014

Based on recent changes to the International Cotton Association’s Bylaws & Rules, ICA members are no longer able to trade with firms on the Association’s default list.

International

Construction Set to Begin on New Spinning Plant

May 29, 2014

Apparal maker Gildan Activewear will soon begin construction of a new $142 million yarn-spinning plant in Mocksville, NC.

International

Supima Honored for Premium Fiber Branding by AAFA

May 7, 2014

The American Apparel and Footwear Association has awarded Supima the American Image Award for Premium Fiber Branding.

International Cotton Schools Prepare to Host Rising Leaders of Global Cotton

May 5, 2014

Young cotton professionals around the globe are once again gearing up for first class learning opportunities this summer in Memphis and Lubbock.

Bullish Market Run Continues As Weather Concerns Mount

May 2, 2014

Cotton prices settled 100 to 200 points higher on the week as bullish fundamentals continue to build and speculative funds add to their already bullish positions.

The Long Reach of China’s Cotton Policy

May 2, 2014

The ICAC anticipates increases in world consumption of cotton and mill use in the coming year, but also projects declines in cotton production and world trade. All can be traced to changes in China’s cotton policy.

Cotton Council International Launches New COTTON USA Identity

May 1, 2014

Cotton Council International is revitalizing and re-launching its 25-year old flagship brand, COTTON USA.

World Cotton Contract In Development Could Provide New Market Option

May 1, 2014

A new World Cotton Contract - designed to work alongside and be complimentary with the current No. 2 contract - is being developed by IntercontinentalExchange for a fourth quarter 2014 launch.

Trade Mission to Promote U.S. Cotton Advantages to Indonesian Textile Executives

April 29, 2014

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 during a COTTON USA Special Trade Mission to the U.S. in May.

ITMF-ICCTM Approves Updated HVI Guidelines

April 8, 2014

The International Textile Manufacturers Federation’s (ITMF) International Committee on Cotton Testing Methods (ICCTM) has approved updates to the Guidelines for Standardized Instrument Testing of Cotton.

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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.

International

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.

International

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.

International

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.

International

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.

International

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.

International

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.

International

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.