This website uses cookies to ensure you have the best experience. Learn more

Cotton Market Essay

950 words - 4 pages

Cotton is a natural fiber harvested from the cotton plant. Cotton is very important it is one of the oldest fibers used by humans, and we know this because traces of cotton have been found that are dated back at least 7,000 years. Cotton is also one of the most used natural fibers today by consumers from all social classes and nations. Cotton is mainly used to make clothing items but it has numerous uses and a variety of applications. There is a large demand for cotton so thousands of acres of land are dedicated to the growing of cotton globally (Smith). Since cotton is a widely used commodity it has a very large market; in 2007 cotton was grown in as many as 90 countries the main ones being ...view middle of the document...

The demand for cotton has dropped during the times of the recession, but now larger countries are starting to see the demand jump back up dramatically these places are mainly developing countries like India and China. According to Anderson’s research close to 90% of cotton consumption comes from developing countries. Cotton consumption has shifted to developing countries as a reflection of the rising wage levels. All over the middle class persons seem to spend quite more on clothing then before and this is particularly what is causing the demand of cotton to increase so rapidly now that more people are starting to gain their jobs back from the recession. According to Grewal, “In India, the Cotton Advisory Board recently announced that mill use is expected to increase by 8.9%, pushing total demand for cotton up nearly 26% year over year.,” so it is a concern that there may be a shortage in the supply and the U.S. will not be able to keep up with the fast increase of demand. There are so many factors that affect the supply and demand that just because it is believed the demand for cotton is too large for the supply silk may become the new cotton and no one would have as much as a demand for it. For example on event that has taken a great toll on the cotton market is the recession. “Fundamentally, most of the cotton trade thought that global demand would step to the plate at 70 cents to 67 cents. The market’s sharp drop through those levels without a pickup in export demands has shaken confidence greatly” (Robinson). Researchers say that cotton consumers were scared off by...

Other Papers Like Cotton Market

Enclosures Essay

2055 words - 9 pages -off of the industrial revolution." This quote suggests that the cotton industry was the only leading sector in the revolution; I personally believe that all the sectors were the leaders.Cotton has also been described as the 'process that is generally assumed to be at the heart of the first industrial revolution'. However before the cotton industry was developed, the industry that dominated the market in England was wool. This product was grown on

Analysis and Comparative Study of Three Micro Small Medium Enterprises (Msme) in Bogor

2319 words - 10 pages satisfy the customers. 2.2. Comparative Analysis on MSMEs 2.2.1. Marketing aspects A. Customer Segments. From those three MSMEs interviewed, there are differences in their market sgement decisions. Hot Crispy and Cotton Candy serve only two market segments, general segments and specific orders (e.g. catering), while Bening Food has managed to define its market segment way further than the other two, based on customer wants and demands


1034 words - 5 pages TITLE:-Re-Fashioning the future eco-friendly apparel OBJECTIVE:-To study the factors influencing consumer buying behaviour towards eco-friendly apparels. Organic clothing refers to apparel made of organic cotton grown without chemical pesticide or fertilizers. Organic clothes not only help in reducing the environmental pollution, but are softer on the skin and hypoallergenic. Organic cotton is anti-fungal, anti allergic and

Mba Bus Eccon

2682 words - 11 pages company to pass on cost increases to customers and protect profit margins. The issue here is of significant increase in cotton prices and its impact on clothing companies. Due to floods in Pakistan, Indian export ban, cold weather in China and storms in US, supply of cotton has decreased thereby creating shortage of cotton in the market (Hall 2010). At the same time, demand for textile products has recovered faster than expected. Due to this


524 words - 3 pages the adequacy of MSP was nil in case of cotton where as in case of paddy and wheat less than 10 per cent farmers were satisfied with the MSP. The influence of MSP on village market price and main market price was observed to be more in case of wheat followed by paddy and least in case of cotton. Due to the assured minimum support price and effective price policy for paddy and wheat in the state, area under these crops has increased over time. This was at the cost of decrease in area under maize, bajra, pulses and oilseeds for which though, the Government of India announces MSP but price policy for these crops in the state was ineffective due to non- procurement. farmers.

Should India Change Its National Game essay

763 words - 4 pages relationship with Allah is as a servant to AllahACotton is a soft, fluffy staple fiber that grows in a boll, or protective capsule, around the seeds of cotton plants of the genus Gossypium. The fiber is almost pure cellulose. Under natural conditions, the cotton bolls will tend to increase the dispersion of the seeds. The plant is a shrub native to tropical and subtropical regions around the world, including the Americas, Africa, and India. The

Eco Fashion

1295 words - 6 pages to power their factories. For example brands such as Rapanui, a UK based sustainable fashion brand use Vestas Wind Turbines to power their textile mill in India, where organic cotton is turned into products for the UK market. For this reason, it is important that sustainable fashion brands are 100% transparent about the way they do business so that the customer can find out more about every stage of the supply chain and judge the sustainability

Industry Sectors for Pakistan

1134 words - 5 pages Pakistani market because they won’t find the type of fashion or quality that Pakistan has in any different country (ex. Canada, America, United Kingdom, etc…).Textile also account for most of Pakistan’s export earnings. Last important secondary industry in Pakistan is the cotton industry. Pakistan’s economy relies very heavily on its cotton sector. This is because the cotton processing makes up for almost about half of the country’s manufacturing base


1143 words - 5 pages American sustainability and survival. Capitalism, meaning “an economic system set up by private ownership of goods based on the buying and selling determined by the free market competition (Merriam-Webster, 2010)” influenced colonial planters to harvest tobacco. Tobacco plantations became a source of revenue (considered “cash crops”) for the American plantation owners because of the great demand for the export (Virginia Places, 2011.) According

Travels of a T Shirt

590 words - 3 pages in the US the cotton is grown, and how US subsidies help to keep us on top when it comes to agricultural dominance in the global market, but also the downfalls of this system, namely the advantage it gives us over underdeveloped and impoverished nations. It goes on to follow the cotton across the country and ocean all the way to China, and further explains how it is spun, woven, cut, and manufactured into the end product that ultimately gets

The Genetically Modified Crop Game

3795 words - 16 pages improved yields and produce quality as well as increased tolerance to stress factors. New value-added crops also offer new market opportunities and there is also the attractive possibility of reducing manual labour demands; a situation especially significant for Asia which is grappling with diminishing rural manpower availability due to the mass exodus to better paying jobs in the cities.As for the consumers in Asia, GM crops technology brings

Related Essays

Term Paper Cotton

2423 words - 10 pages Justin Bain AGB 430 Term Paper December 2, 2013 Cotton’s Hedging and Futures 1. Introduction a. History of the cotton market The history of the cotton market here in N.C did not really get big until the mid-1990’s when farmers figured out they could get a better yield with cotton based upon the climate and soil types here in N.C. So the grain production fell off as people started growing cotton and liked how the market was set upon

Social Business Plan Essay

5522 words - 23 pages . ------------------------------------------------- As a diversifying plan I am planning to setup a cotton gin which would be forward integration to current business i.e. trading in raw cotton. Cotton ginning is the first process in garment manufacturing. Ginning business has great potential as India is second largest producer and export of cotton and there is huge demand for Indian cotton in international market

Swot Essay

994 words - 4 pages SWOT Analysis of Tesco in UK: Strengths; Tesco’s reputation for low cost products, can gain fair-trade cotton clothing substantial market share in the UK. Tesco’s growth in the insurance sector provides financial strength to Tesco in UK. Another important factor is the increasing growth of online sales and fair-trade cotton clothing could be included in these sales. The Brand recognition of Tesco in UK is an important strength and will help

Organic Cotton T Shirts Advertising Plan Essay

3145 words - 13 pages all agricultural land in the U.S. Research has shown that synthetic fertilizers pollute the soil, water, and air. Organic cotton in general still represents around 1% of the global cotton market (1.1 million U.S. bales), which represents a growth rate of 15% over 2010 production. The Company will use the product-quality leadership-pricing objective by producing a high quality, U.S. made, organic cotton t-shirt, which will be achieved by appealing