FCStone to Conduct Research on the Faltering ELS Market

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.

Please click here for downloading prospectus to participate in the study.

X