Cotton Update Hosted by United States Fashion Industry Association (USFIA) and Cotton Incorporated September 27, 2018 2:00 P.M. Eastern/11:00 A.M. Pacific
At any time during the presentation, you may enter your questions here:
Cotton Incorporated Cotton Update 3
Cotton Incorporated Cotton Update Resources for USFIA Members for their Cotton Business Facts and Science Behind the Microfibers in the Ocean Issue Current Directions in the Cotton Market 4
Cotton Update Key questions for your company: How can we stay up to date with innovations in cotton? How can we access information to guide product development, cut lead times and reduce cost? How can we ensure our staff are the best trained and knowledgeable about textiles, and prepared for vendor negotiations?
www.cottonworks.com
Sustainability and Traceability Frequent topics and questions Intersection of sustainability efforts along with product development and sourcing Cost savings in sourcing and product development
Aquatic Biodegradability of Microfibers 80 Aquatic Biodegradation Preliminary Results 70 60 Cotton % Biodegradation 50 40 30 20 10 Polyester 0-10 10 30 50 70 90 110 130 150 170 Days
Available on cottonworks.com
Available on cottonworks.com
Available on cottonworks.com
Cotton Incorporated Cotton Update Resources for USFIA Members for their Cotton Business Facts and Science Behind the Microfibers in the Ocean Issue Current Directions in the Cotton Market
Cotton Market Update Key questions: What are the current levels of cotton prices in the market? Why are cotton prices at their current levels? How are changes in raw material prices moving through the supply chain? What are the factors shaping the direction in cotton prices?
What are the current cotton prices? The Cotton Calendar Northern Hemisphere Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec PLANTING 2017 GROWTH HARVEST New Crop Cotton 2017/18
What are the current cotton prices? The Cotton Calendar Northern Hemisphere Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec PLANTING 2017 GROWTH HARVEST New Crop Cotton 2017/18 Mill Deliveries and Exports 2018 PLANTING GROWTH HARVEST New Crop Cotton 2018/19
What are the current cotton prices? Cents per lb 240 'A' Index January 2008 September 2018 220 200 180 160 140 120 100 80 60 40 20 0 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17 May-17 Sep-17 Jan-18 May-18 Sep-18
What are the current cotton prices? Cents/lb 105 A Index January 2 September 26, 2018 100 95 90 85 80 Strong Demand for US Exports Lack of rain in Texas Rising forecasts for world cotton consumption Good production forecast for 2018/19 75 Wed 3 Jan 2018 14:29:03 Wed 31 Jan 2018 14:31:42 Wed 28 Feb 2018 14:34:46 Wed 28 Mar 2018 13:29:20 Fri 27 Apr 2018 13:29:04 Tue 29 May 2018 13:39:46 Tue 26 Jun 2018 13:30:07 Tue 24 Jul 2018 13:29:53 Tue 21 Aug 2018 13:30:16 20-Sep
Why are cotton prices at their current levels? Cotton Fundamentals World Cotton Balance Sheet (millions of bales) 2017/2018 2018/2019 September Estimates Beginning Stocks 83.8 83.8 Production 123.5 122.0 Mill Consumption 123.2 127.9 Ending Stocks 83.8 77.5 USDA September 2018
Why are cotton prices at their current levels? Major Cotton Producers Millions of bales India China 28.7 29 27.5 27.5 USA 19.7 20.9 Brazil Pakistan 10.0 9.2 8.5 8.2 Rest of World 27.6 28.7 0 5 10 15 20 25 30 35 2018 2017
120 100 80 60 40 20 Mill Consumption of Cotton in Leading Countries millions of bales 4.1 4.5 5.4 5.8 6.3 6.8 24.5 24.8 24.4 24.7 25.5 34.5 36.0 38.5 41.0 42.5 6.6 7.5 7.5 8.0 Vietnam Turkey Bangladesh Pakistan India China 0 2014 2015 2016 2017 2018
Why are cotton prices at their current levels? Cotton Fundamentals World Cotton Balance Sheet (millions of bales) 2017/2018 2018/2019 September Estimates 2018/2019 May Estimates Beginning Stocks 83.8 83.8 88.2 Production 123.5 122.0 121.2 Mill Consumption 123.2 127.9 125.4 Ending Stocks 83.8 77.5 83.7 Stocks/Use Ratio 68.0% 60.6% 66.8% USDA September 2018
Why are cotton prices at their current levels? Cents/lb 100 90 80 70 60 50 40 30 Ending Stocks/Use Ratio for World Cotton A Index Stocks/Use Ratio (inverted) 10-10 -30-50 -70-90 20 July 2000 July 2001 July 2002 July 2003 July 2004 July 2005 July 2006 July 2007 July 2008 July 2009 July 2010 July 2011 July 2012 July 2013 July 2014 July 2015 July 2016 July 2017 July 2018-110 'A' Index S/U
What are the factors shaping the direction in cotton prices? Millions of bales Largest Cotton Exporters 18 16 15.7 15.8 14 12 10 8 6 4 3.9 4.0 4.4 5.2 5.5 4.2 2 0 Australia India Brazil USA 2018/2019 2017/2018
What are the current cotton prices? Prices for Cotton in China and India September 27, 2018 Cents / lb A Index 88.45 Chinese Cotton Index 107.36 India domestic 80.30 Source: Cotton Outlook, CCI type 3128B, India domestic 9/24/18
How are changes in raw material prices moving through the supply chain? A Index and Yarn Index Cents/lb 110 140 100 135 90 130 80 70 'A' Index Yarn Index 125 120 115 60 110 50 105 40 100 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Index 2005=100
What are the factors shaping the direction in cotton prices? The Cotton Calendar Northern Hemisphere Futures Prices Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec PLANTING 80.41 78.99 2018 GROWTH HARVEST New Crop Cotton 2018/19 Mill Deliveries and Exports 2019 PLANTING 77.14 76.66 GROWTH HARVEST New Crop Cotton 2019/20
Available on cottonworks.com
Cotton Incorporated Cotton Update Resources for USFIA Members for their Cotton Business Facts and Science Behind the Microfibers in the Ocean Issue Current Directions in the Cotton Market
Questions? For additional questions and information: Email: info@usfashionindustry.com Twitter: @usfashion Phone: +1-202-419-0444
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