FCStone to Conduct Research on the Faltering ELS Market

By Jim.Robinson|June 25, 2009

via Fibre2Fashion.com

FCStone, LLC, with its roots running deep in commodities, has announced a new multi-client study entitled ‘The future of high quality and branded cotton.’ FCStone Group, Inc. is a recognized innovator in commodity risk intelligence.

This study will focus on the main growing countries like China, India, the US and Egypt and will examine in detail the possibility that global production of the extra long staple (ELS) cotton has been declining due to the increased consumption of long staple (LS) cotton in recent years and has upstaged ELS cotton by attaining dominant position in consumption of cotton by the textile sector.

The company will also do a study and chart the growth of new branded varieties of long staple cotton which has helped raise the quality of cotton crops at a global level, in turn has reducing the usage of ELS cotton varieties. This may also be responsible for the decline in production of this very popular quality of cotton.

FCStone, LLC has observed that U.S. Pima production is falling rapidly along with a drop in acreage of ELS cultivation in favor of long staple cotton in China’s top cotton producing province of Xinjiang. Egypt has also seen a drastic fall of nearly 50 percent in the country’s output of ELS cotton. This study is expected to help cotton producers and cotton professionals throughout the global supply chain.

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Anonymous says:

September 26, 2011 at 4:22 pm

ELS cottonoutput has fallen in all countries such as USA, India, China, Egypt etc. But Mills demand more ELS cotton at least in India. There are efforts, but in the Bt-hybrid cotton era, ELS cotton output has reduced due to lack of good varieties and higher price incentives. Spinning technology also perhaps has done better with LS cottons. But more ELS cotton is needed and efforts are required by global action and national actions.
SSNarayanan

Yes, due to old unrumenrative varieties of HXB categroies cultivation of ELS cotton has declined. However one company Amareswara Agritech Limited 4th Floor, Camus capri Apartments, Raj Bhawan Road, Somajiguda Hyderabad has developed on Hybrid in Non Bt and Bt both having HXH combination called as Chhatrapati ELS. This hybrid has a capacity of 10-18 Qtl production per acre. chhatrapati ELS is easy to cultivate, easy picking, very high production with a staple length of 34-37 mm, Mic 3.0 3.8.
Due to recent development of this ELS hybrid, still company could not seeds in large qty. In case of some interested industry partners come forward and participate in the efforts of the company to produce seed on large scale, it shall help to get higher yields of ELS cotton as Chhatrapati ELS cotton.

December 22, 2011 at 1:48 am