The current edition of "Cotton: Review of the World Situation" takes readers on an extremely thorough overview of the cotton market for the 2023/24 season. The author — ICAC Data Scientist Dr Matthew Looney — provides detailed analysis of production, consumption, and trade at both the global and regional levels.
The markets are notoriously fickle and can be affected by what might seem to be unrelated issues, which Dr Looney addresses:
- Climate change and weather abnormalities,
- Pest infestations and increasing resistance,
- Genetics and breeding,
- Environmental regulations,
- Technological advancements, and
- Fashion trends.
A significant amount of copy is dedicated to projections for 2024/25, which is shaping up to have high levels of production, consumption, and trade, with increasing stocks and prices at a five-year low. Projections are provided at both the global and country levels.
The huge feature story accounts for more than 18,000 words and, as always, this issue of the Review is free to all. To download the PDF, please click here:
Source: ICAC