Home >

Australia 2011/12 Cotton Harvest Will Again Harvest

2011/4/15 11:30:00 29

Australian Cotton Harvest

Industry officials say

Australia

2011/12 year

Cotton material

Another bumper harvest will be expected to reach a record 4 million pack.


Comprehensive media reported on April 14th, an industry official said on Thursday that Australia's 2011/12 cotton harvest will be a good harvest again, because of the ideal growth conditions, 2010/11 cotton.

yield

The forecast will reach a record 4 million packs.


Australia is the world's leading cotton.

Exit

China hopes to take advantage of global prices

Rise

Earn at the same time

profit

China and

India

Strong demand and driving global prices, the total consumption of cotton in these two countries accounts for about 60% of global cotton output.


Australian Cotton Corp spokesman David Bone said: "next year cotton growth conditions are very favorable because of good water supply."


"We have plenty of water, so this is a good sign for cotton harvest next year, and we do not see any downward pressure on prices."


Cotton was the best in 2010, as did the first three months of 2011.

US cotton futures prices hit a record high of US $2.197 a pound in early March, due to tight global supply and market concerns. If the drought in Texas caused by La Nina weather conditions intensified, the US cotton sowing area may further decline.

  • Related reading

Cotton Prices Are Unlikely To Continue To Rise In India

international news
|
2011/4/15 11:29:00
44

Textile Enterprises In Punjab Province Of Pakistan Once Again Face The Situation Of Losing Their Breath.

international news
|
2011/4/13 11:46:00
49

India'S Textile Exports Fell From 10.28% To 8.11% In 3 Years.

international news
|
2011/4/13 11:45:00
42

India Levying Taxes On Cotton Exports Is Aimed At Curbing Price Rises.

international news
|
2011/4/13 11:44:00
39

Brazil Levying Final Anti-Dumping Duty On Chinese Synthetic Fiber Knitted Fabrics

international news
|
2011/4/13 11:41:00
54
Read the next article

The Relationship Between Stock Price Fluctuation And Stock Turnover

The OBV line, also known as the OBV energy tide, is used to quantify the volume value, to make the trend line, to match the stock price trend line, and to predict the market atmosphere from the relationship between price changes and turnover volume. The theoretical basis of OVB is that the change of market price must be matched by volume, and the fluctuation of prices will not rise or fall.