#Raw Materials

2019-11-21

Cotton Review: the 2018/19 season featured rollercoaster prices, with decreasing production, area and yields

Global stocks at the start of the 2018/19 season were 1% higher than the previous season at an estimated 18.7 million tonnes. At 84 cents per pound, the international reference price of cotton was lower than the previous season’s ending average of 88 cents per pound.

Highlights from the latest ‘Review’ regarding the 2018/19 season include:

The year started with rising prices and ended with falling prices

Global area decreased by 1% to 32.6 million hectares (ha) and yield declined 2% to 790 kg/ha

World production slipped 3% to 25.7 million tonnes

More than half of global stocks (52%) are now being held outside of China

After a few years of relative calm, world agricultural markets face policy uncertainty and trade tensions

After a 99.5 cent per pound price at the start of the season, prices fell throughout the year. Global area under cotton decreased by 1% to 32.6 million hectares. Global yield decreased slightly by 2% to 790 kg/ha but remained above the ten-year average of 776 kg/ha. As a result, global production decreased by 3% to 25.7 million tonnes.

Weakening economic growth amidst trade issues set the environment for a decrease in consumption with a near 1% loss to 26.2 million tonnes. With consumption exceeding production, global ending stocks for the season decreased by 2% to 18.3 million tonnes.

As ending stock levels in China lowered, the ratio of stocks held in China and stocks held outside of China inverted with 52% of global stocks now being held outside of China. Trade in cotton lint increased by 2% to 9.2 million tonnes with the USA, Brazil, West Africa and Australia leading in global exports.

New uncertainties have emerged in addition to the usual risks facing agriculture. Following several years of relatively calm market conditions, world agricultural markets today face mounting risks, including policy uncertainty from trade tensions. Open, transparent and predictable trade is important for the cotton market and its role as an important commodity in the global economy.

Fashion For Good launches “Beyond50 Denim” to address hemp integration barriers in global denim production

Fashion for Good, together with leading global brands BESTSELLER, C&A, PDS Limited, Reformation, and Target, launched Beyond50 Denim: Combining Cottonised Hemp and Green Chemistry, a project accelerating the use of hemp as an alternative to conventional cotton in denim. By combining two pioneering innovations (SEFF’s Nano-Pulse™ cottonised hemp fibres and FIBRE52™’s proprietary chemistry formulations with soft handfeel), the project seeks to demonstrate that hemp-based denim can match or even surpass cotton in both performance and appeal.

Spinnova and Rieter to publish a yarn spinning guideline for industrial partners

Spinnova and Rieter have published a comprehensive yarn spinning guideline for industrial partners, detailing how to produce compact yarn from SPINNOVA® fibre using Rieter’s state-of-the-art machinery. The step-by-step guide outlines key considerations at each stage of the spinning process and is available upon request.

Evonik and AMSilk extend partnership for sustainable biotech silk materials

Evonik and AMSilk, a global leader in advanced biomaterials based on silk proteins, have deepened their collaboration with a long-term agreement to produce sustainable silk proteins at industrial scale. Building on their initial manufacturing agreement from 2023, the companies have commissioned a manufacturing line at Evonik’s Slovakian site for AMSilk’s high-performance silk. This innovative biomaterial is produced with minimal environmental impact and is designed for use in premium fashion and highly demanding automotive interiors.

Kraig Biocraft Laboratories to launch operations at new Southeast Asia production facility this week

Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), a world leader in spider silk technology*, announces that it will begin operations this week at its newest production facility. This milestone marks the launch of the first full production cycle at the site. This production site was secured earlier this summer through an agreement with a government agency in Southeast Asia.

The Address of innovation and investment in textile technologies: ITM 2026

Sales for ITM 2026, one of the world’s most comprehensive and prestigious exhibitions in textile technologies, are continuing at full steam. The record number of exhibitors and visitors achieved at ITM 2024 once again proved the industry’s confidence and the commercial success of the exhibition; meanwhile, the strong interest shown in ITM 2026, to be held on 9-13 June 2026, has far exceeded expectations.

STOLL in focus:

At the beginning of this year, KARL MAYER announced that it would be shifting its focus back to its core areas of warp knitting, warp preparation and technical textiles. As part of this strategic realignment, the flat knitting machine business under the STOLL brand will be discontinued. The Reutlingen plant will close down on 31 October 2025. Production in China will end in December 2025. This was an extremely difficult decision for KARL MAYER.

Heimtextil 2026 strengthens the global home textile industry with trends, designs and AI technologies

With an optimised hall layout, progressive design collaborations, inspiring trends and AI-driven innovations, Heimtextil 2026 reacts to the current market situation – and offers the industry a reliable constant in challenging times. Under the motto ‘Lead the Change’, the leading trade fair for home and contract textiles and textile design shows how challenges can be turned into opportunities. From 13 to 16 January, more than 3,100 exhibitors from 65 countries will provide a comprehensive market overview with new collections and textile solutions. As a knowledge hub, Heimtextil delivers new strategies and concrete solutions for future business success.