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Cotton : current situation, major issues, and recent international discussions (English)

The current cotton situation is summarized and major problems confronting the world cotton economy are examined. The world cotton economy has been facing two major problems in the last few years: a declining growth rate of world cotton consumption and a tendency for world cotton production to outstrip world cotton consumption. In order for world cotton growth in the next few years to match the 2 to 2.5 percent per annum experienced in the last 10 years, cotton will have to retain its current market share and regain the share lost to polyester in 1968. This improvement will depend on the future price relationship between cotton and polyester, the development of improved durable press finishes for cotton, and promotion. It is concluded that, despite some encouraging elements in cotton research and promotion, man-made fibers continue to threaten the future of the world cotton market.

Details

  • Author

    VARON, B.

  • Document Date

    1969/09/30

  • Document Type

    Staff Working Paper

  • Report Number

    SWP48

  • Volume No

    1

  • Total Volume(s)

    1

  • Disclosure Date

    2010/07/12

  • Disclosure Status

    Disclosed

  • Doc Name

    Cotton : current situation, major issues, and recent international discussions

  • Keywords

    adjustment need;centrally planned economy;increase in consumption;cotton producing country;restrictions on trade;international trade agreement;per capita consumption;process of review;production and export;types of agreement;foreign agricultural service;rate of consumption;point of departure;effect of price;world cotton price;man-made fibers;production plan;cotton production;cotton export;world output;cotton research;synthetic fiber;world consumption;world production;international agreement;fiber consumption;world price;stock cycle;conversion factor;cotton textile;relative performance;downward adjustment;physical property;international cooperation;manmade fiber;cotton yield;cotton producer;export earning;market price;Trade Policy;domestic consumption;export earnings;market condition;raw material;participating country;fiber industry;principal export;price competition;Trade Policies;molecular structure;world exports;production cost;future price;price instability;export market;export supply;dock worker;consumption growth;natural fiber;production side;cotton cultivation;tensile strength;information supply;domestic requirement;production growth;global stock;supply situation;dramatic increases;disposal policies;retail outlet;import demand;surplus stock;stock reduction;short period;stock problem;lint cotton;export price;foreign exchange;reasons given;annual meetings;international market;price decline;natural tendency;industry representatives;acreage allotment;textile fibers;stock policy;policy statement;aggregate consumption;fiber production;producer price;comparable data;production level;market access;government regulation;annual expenditure;base year;consumption estimate;countries exports;commercial transaction;market expectation;synthetic fibres;annual imports;cotton manufacture;members contribution;special interest;plenary session;export quota;textile goods;informal arrangement;hard fibers;promotion campaign;buffer stock;downward pressure;glass fiber;local market;promotion program;international body;opening speech;competitive position;Industrialized countries;selling price;price difference;industrialized country;study group;profit margin;protectionist policy;average production;price relationship;polyester fibers;consumer preference;market situation;

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Citation

VARON, B.

Cotton : current situation, major issues, and recent international discussions (English). Staff working paper ; no. SWP 48 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/793861467980462047/Cotton-current-situation-major-issues-and-recent-international-discussions