Cotton output projected to fall next season, but trade will remain stable

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Cotton output projected to fall next season, but trade will remain stable

机译：预计下个季节棉花产量下降，但贸易将保持稳定

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The low price of cotton in 2014-15 is making a significant knock-on effect on cotton farming worldwide. The International Cotton Advisory Committee (ICAC) says that planting area worldwide in 2015-16 is projected to reduce 7% to 31.1 million hectares. Lower price in 2014-15 is the reason for it. Prices had declined to 70 US cents a pound in December 2014 and continued to decline to 67.35 cents/lb the following month. It has since been floating in the 60-cent range, except in the state-controlled China market. Besides farmers reducing planting area, cotton production will also suffer from disparate impacts of El Nino. Thus, the world average yield is expected to decrease, according to ICAC estimates, by 2% to 766 kg/ha. As a result, production globally is expected to fall by 9% to 23.8 million tons.

机译：2014-15年度棉花价格低廉，对全世界的棉花种植产生了重大连锁影响。国际棉花咨询委员会（ICAC）表示，预计2015-16年全球种植面积将减少7％，至3110万公顷。 2014-15年度价格较低是其原因。价格在2014年12月降至每磅70美分，并在下个月继续降至每磅67.35美分。此后，除了在国家控制的中国市场以外，它一直在60美分的范围内浮动。除了减少种植面积的农民外，棉花生产还将受到厄尔尼诺现象的不同影响。因此，根据廉政公署的估计，世界平均单产预计将下降2％，至766公斤/公顷。结果，全球产量预计将下降9％，至2380万吨。

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《Textile Asia》 |2015年第8期|4-5|共2页
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Cotton output projected to fall next season, but trade will remain stable

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