#Raw Materials

2020-08-05

COVID-19 pandemic expected to weigh on cotton prices into 2020/21 season

Without demand global prices have fallen in 2019/2020 (c) 2020 ICAC

Even plummeting prices aren’t enough to offset COVID-19’s impact on global cotton consumption — but the situation could improve quickly, assuming the world gets the pandemic under control. The price projection for the year-end 2020/21 average of the A Index is 62.8 cents per pound this month.

The current 2020/21 cotton consumption forecast is 23.9 million tonnes, representing a 5% increase from the previous season. Cotton production for 2020/21, on the other hand, is projected to move in the opposite direction, posting a 5% decrease to 24.8 million tonnes largely due to 2 million hectare decrease in global area.

Cotton consumption is expected to recover in 2020/21 if global economic growth recovers as consumer demand increases, but as always it will continue to face stiff competition from synthetic fibres.

Cotton This Month is published at the beginning of the month with the Cotton Update published mid-month. The Cotton Update, which is included in the Cotton This Month subscription, is a mid-month report with updated information on supply/demand estimates and prices.

The next Cotton Update will be released on 17 August 2020. The next Cotton This Month will be released on 1 September 2020.

Organic cotton at the crossroads: Ideology, evidence, and the road ahead

Organic cotton occupies one of the most contentious spaces in global agriculture. While praised by brands and consumers for its environmental ideals, it also faces persistent questions about yield stability, certification integrity, and scalability. The current edition of The ICAC Recorder cuts through the ideology to deliver a rigorous, evidence-based assessment of both sides of the debate.

Dr N Vigneshwaran is named 2026 ICAC Researcher of the Year

The International Cotton Advisory Committee (ICAC) is pleased to announce the selection of Dr N Vigneshwaran, Principal Scientist and Head of the Chemical and Biochemical Processing Division at the ICAR–Central Institute for Research on Cotton Technology (ICAR-CIRCOT), Mumbai, India, as the ICAC Researcher of the Year 2026.

Bremen Cotton Exchange: Fritz A. Grobien re-elected as President

The members of the Bremen Cotton Exchange have re-elected Fritz A. Grobien as President during the association’s 152nd General Assembly on June 18, 2026. The election confirms the organization’s commitment to maintaining its role as a leading international platform for the cotton and fiber industry amid a period of geopolitical and economic uncertainty.

Christian Wichert appointed Chief Executive Officer to lead next phase of growth

AMSilk GmbH (“AMSilk”), a global leader in advanced biomaterials made from silk proteins, today announces the appointment of Christian Wichert as its new Chief Executive Officer (CEO), effective 1 June. The appointment marks a pivotal moment in AMSilk’s journey, as the Company advances from development through scale-up to commercialization.

New U.S. cotton study uses real-world grower data to reveal where fiber impacts occur

Cotton Incorporated has released a critically reviewed life cycle assessment (LCA) of U.S. cotton fiber production that examines how cotton’s environmental impacts are measured and where meaningful improvements can be made across the value chain. The new data, grounded in real‑world grower inputs, measures what drives U.S. cotton’s environmental footprint from field to gin.

HKRITA signs MoU with Jeanologia and Looptworks to establish the Green Machine Circular Textile Ecosystem

The Hong Kong Research Institute of Textiles and Apparel (HKRITA) yesterday officially signed a landmark Memorandum of Understanding (MoU) with two key global partners, Jeanologia and Looptworks, to establish the Green Machine Circular Textile Ecosystem – a first-of-its-kind collaboration to accelerate the large-scale recycling of blended textiles.

Object Carpet tests production of rPET BCF yarn on Neumag BCF line

In a joint project with Object Carpet GmbH, Denkendorf; the Institute for Textile Technology (ITA), Augsburg; and Next Generation Recyclingmaschinen GmbH (NGR), Feldkirchen, Austria, Barmag investigated the processing of recycled polyester for BCF yarn. The goal was to evaluate the fundamental suitability of 100% recycled carpet material for reuse in carpet yarn production to create a closed-loop system in carpet manufacturing. To date, commercial rPET BCF processes have been based solely on rPET from bottle pellets.

ITM 2026: Mayer & Cie. Global presents itself successfully at international industry trade fair

Mayer & Cie. Global has used ITM 2026 in Istanbul for its first major international appearance since the restart. Together with the Turkish representative Mayer Mümessillik, the company presented its premium circular knitting machines "Made in Germany", explained its future positioning within the group of companies and held talks with customers and representatives from numerous markets. The response to the restart was positive. The clear orientation of the company, the reliable worldwide network of representatives and the resumption of service and spare parts supply were welcomed by customers.