2011 ANNUAL PREVIEW: Egyptian Cotton Looks to Rebound in 2011
Egyptian cotton is a strategic crop with a rich history and has been considered a main pillar of the Egyptian national economy for many years. It is also a strong competitor in international markets and is well-known for its superior quality, physical and spinning properties, and its long and extra-long staple.
Egyptian cotton is currently facing many problems and challenges that have affected it recently and led to a significant decline in production volume, totaling approximately 100,000 tonnes of lint cotton.
These factors led to a decline in cotton acreage and, consequently, a decline in its production volume and share in national and international markets. This decline encourages other countries to increase the production of their own long and extra-long varieties, including India and China.
In addition, the increase in U.S. Pima cotton planting and the presences of a production subsidy program, resulting in a decrease in Egyptian cotton production and an increase in American Pima production.
You can read the rest of this article and dozens of others when the 2011 Cotton International Annual Edition is published. Be sure to watch for it in your mailbox in January 2011!
