Globally, the denim jeans market is expected to grow to $76.1 billion by 2026. Key trends for 2023 include wider leg silhouettes, embellishments, and novelty styles. While skinnies were popular, regular, slim, and straight fits are now preferred. Mexican and Indian consumers own the most pairs of jeans and plan to purchase more this year. The global cotton market faces tight supply as production declines in major producers like China, India, and the US. Mills in Pakistan that make towels and bedsheets are shutting down due to cotton shortages and high costs following devastating floods.
1. ---For internal circulation only---
MONTHLY REPORT
MONTHLY REPORT
Cotton and Yarn statistic
VietnamCottonandSpinningAssociation
Collected&Edited:InformationandCommunicationDept.
OCTOBER 2022
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REMARKABLE INFORMATION
REMARKABLE INFORMATION
REMARKABLE INFORMATION
NATIONAL NEWS
INTERNATIONAL NEWS
The import price of raw cotton decreased slightly in September 2022
The fiber import price is expected to continue to decline
The price of imported yarn dropped sharply
Fiber and yarn export prices fell for a fourth straight month
These Are the Top Global Denim Trends for 2023
Cotton’s volatility has the world concerned
Indian cotton volume rises by 15 per cent
Factories Making Towels and Bedsheets Are Shutting in Pakistan
Indian import of Chinese cotton yarn up after US ban on Xinjiang goods
How digitalization will help increase production
What is responsible consumerism?
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REFERENCE FROM NEWSPAPERS
REFERENCE FROM NEWSPAPERS
REFERENCE FROM NEWSPAPERS
These are the Top Global Denim Trends for 2023
I
f there’s one thing that sustained
its popularity over the long
course of the pandemic, it’s that
fashion stalwart: denim jeans.
The bottom continues to be a go-
to not just here in the U.S., but in
countries around the world. And
while international consumers
share many of the same sentiments
about denim, countries also have
their own preferences and planned
spending patterns that could prove
meaningful for the many denim
brands that populate the category.
Earlier this year, The NPD
Group explained this enduring
affection toward denim jeans when
it rolled out its inaugural Denim
Retail Performance Awards.
“Jeans were among the first
clothing items to rebound after
2020, as consumers sought a
wardrobe refresh and craved the
latest fashion trends to make their
debut back into public life,” said
the NPD Group’s Susan Merrill,
president of fashion apparel.
“Offering a variety of styles and
options catering to consumers’
demands for comfortable clothing
that can be dressed up or down,
jeans manufacturers continue to
be leaders in innovation.”
Innovation can look like
denim “sets,” where a floral or
pieced denim jacket matches the
bottom, like at Mavi. They were
showing at the recent Coterie
New York show at the Jacob
Javits Center. Lisa Fink, Mavi’s
senior national sales manager,
said the brand’s customers are
not looking for basics. Instead,
they want embellishments,
colored denim like pink, green,
flaxen, and bleached blue shades.
As for ripped or frayed styles,
“Some accounts are all about it,
some don’t want it. It’s territorial,”
Link said. “And of course,
everybody wants a wide leg.”
Globally, the denim jeans market is expected to grow from $64.5 billion U.S. dollars in 2022
to about $76.1 billion by 2026, according to Statista. The consumer data firm says this projected
increase “is unsurprising” considering the entire denim fabric market is set to grow, as well.
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Yes, after reigning for many
years, the skinny jean was
dethroned in 2021 as the best-
selling style for U.S. women,
according to NPD. That silhouette
change happened around the
world, as well. The Cotton Council
International (CCI) and Cotton
Incorporated’s 2021 Global Denim
Survey was conducted in the
U.S., the U.K., Germany, Spain,
the Netherlands, France, Italy,
India, Mexico, and China. The
research shows the most popular
silhouettes around the globe are
regular (37 percent), slim (34
percent), straight (33 percent),
skinny (31 percent), and relaxed
(27 percent).
NPD’s Maria Rugolo, apparel
industry analyst, said consumers
made the silhouette switch
because after spending so
much time at home during the
pandemic, they wanted something
they didn’t already have in their
closets. Since COVID began, 37
percent of consumers worldwide
say they’re wearing denim jeans
more than, according to the Global
Denim Survey. Almost half (49
percent) are wearing jeans the
same amount as before while just
14 percent are wearing them less.
Half of Mexican consumers (50
percent) are wearing denim more,
and more than half (53 percent) of
Chinese consumers are doing the
same. That’s significantly more
than the number of U.S. consumers
(34 percent).
Of note, 82 percent of
global consumers say cotton is
their favorite fiber to wear for
denim, according to the Global
Denim Survey. That is trailed by
polyester at 10 percent and rayon
at 8 percent. At 91 percent, Italy
showed a significantly higher
favoritism toward cotton.
Compared to manmade fibers,
consumers around the world say
that jeans made with cotton are
the highest quality (72 percent),
authentic (70 percent), soft (68
percent), reliable (68 percent),
comfortable (67 percent), last the
longest (66 percent), breathable
(66 percent), and sustainable (66
percent), according to the Global
Denim Survey.
Mexican consumers have a
great enthusiasm about denim.
They own an average of 16 pairs
of denim jeans, the most of any
country, according to the Global
Denim Survey. Further, most
Mexicans (55 percent) plan to
buy more denim this year and 41
percent plan to purchase the same
amount as last year. Just 4 percent
expect to buy less. India comes in
second in denim jeans ownership,
with an average of 12 pairs. This
year, 52 percent plan to purchase
more – the highest of all countries
surveyed, while 44 percent plan to
buy the same amount as usual and
4 percent plan to purchase less.
In contrast, consumers in the U.K.
own 7 pairs on average, the fewest
of any consumers. Just 29 percent
plan to purchase more this year,
while 60 percent plan to buy the
same amount and 11 percent plan
to buy less.
Among the remaining
countries (U.S., Germany, Spain,
Netherlands, France, Italy, and
China), consumers own an average
of 10 pairs of jeans, according to
the Global Denim Survey. One-
third (33 percent) plan to buy more
denim this year, 57 percent expect
to purchase the same as previous
years and 8 percent expect to buy
less.
Consumers looking to buy
fresh styles will have plenty of
newness to choose from, too,
based on further vendor offerings
at the Coterie show.
“We have denim painters,
cargos and jeans with wider legs,”
said Julian Medina, president
of Current Elliott. “Buyers are
interested in higher waistbands
and trouser fits.”
And at New York-based
Driftwood Denim, it’s all about
embroidery and novelty, according
to Randi Goldman, president of
sales. “We have a couple of groups
that have been amazing with our
brightly colored embroideries,”
Goldman stated, adding that the
brand appeals to women ages
30-to-75. “Wide legs are trending
and we’re doing really well with
flair legs. Compared to what sold
before and during the pandemic,
everyone now is looking for
something different. Basics are
out; it’s novelty that’s in.”
Source: Sourcing Journal
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Cotton’s volatility has the world concerned
G
lobal cotton demand is
projected to rise 2 percent
in 2022, driven by a revival
in consumption from downstream
industries like textiles and apparel;
however, shipping container
shortages, shipment delays,
and high ocean freight rates are
expected to dampen imports.
A strong recovery in global
demand amid lower production
in key producing regions such as
India, the U.S., Pakistan, Brazil, and
Turkey during the previous season
has tightened carry-over stocks
for 2021/22, which is predicted to
keep prices elevated, whereas the
recent yield concerns within the
U.S. and India has raised concerns
of tighter global availability.
Lower-than-anticipated U.S.
cotton supply is probably going
to reduce export volumes, thus
restricting global availability,
with shipments already facing
disruptions thanks to logistical
issues. This is able to force mills
in key consuming regions to utilize
their domestic stockpiles.
Russo-Ukrainuan conflict has
negative impact
Recent escalations within the
Russia–Ukraine conflict is seen
to negatively impact the cotton
market. Meanwhile, a cutback
on consumer spending and mill
demand for cotton is predicted to
exacerbate the adverse impact of
prevailing deterrents to demand
such as high inflation, rising
interest rates, and withdrawal of
stimulus packages.
Further, mills are expected to
adopt a cautious approach and are
likely to carry back on orders for
cotton amid the global uncertainty
in demand, which can raise stocks.
Decline in Chinese, Indian and
American production
China’s cotton production is
estimated to drop by 8.5 percent
in 2021/22 on account of a lower
acreage and yield of 4.6 and
4 percent, respectively, for the
present crop of domestic cotton.
Further, a contraction in
imports thanks to the prevailing
tightness in U.S. export volumes
is probably going to result in
domestic stockpile depletion
in China – where cotton stocks
are projected to fall 7.8 percent.
Indian cotton supply for 2021/22
is projected to decrease by 6.9
percent thanks to tighter domestic
production on account of lower
acreage coupled with erratic
monsoons during 2021 and pest
infestations in key cotton growing
regions, which is probably going to
lower yields.
The U.S. cotton supply is
estimated to contract by 4.9
percent for 2021/22 on account of
a big fall in opening stock balance
by 56.6 percent and a lower
The global cotton market
is projected to experience tight
supply in 2021/22, with supply
estimated to say no 1.2 percent,
including a 4.9 percent contraction
in stockpiles.
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recovery seen in domestic cotton
output. U.S. cotton production
is predicted to recover by 20.6
percent in 2021/22 amid higher
acreage for the crop. However,
following a 26.6 percent fall in
output within the previous year,
the expected current-season
output volume remains well below
the 5-year average for U.S. cotton.
Further, dry weather and
extreme heat conditions within
the key cotton producing region of
Texas is expected to lower yields
for the current season, further
restricting output.
Is cotton farming a lucrative
prospect?
The Indian government agency
Cotton Corporation of India has
predicted that 2022-23 will
see a 15% rise in the domestic
production of cotton – 36,000,000
bales of 170 kgs each. However,
the cotton production year
starting October 2022 and ending
September 2023 is vulnerable to
inclement weather which could
adversely affect crops.
With higher price realization
per candy since May 2022, many
farmers are opting to cultivate
cotton instead of food grains,
which has shot cotton cultivation
up in India by 8% already.
Source: Fashionating World
I
ndia’s cotton production for 2022
to 2023 will be 15 per cent higher
than it was the previous year.
Among the helpful factors are an
eight per cent rise in sowing area,
favorable weather and good crop
conditions. Uncertainty regarding
the weather conditions for the
cotton crop reduced towards the
end of September.
In the first fortnight of the
current month, there were
concerns about the crop due
to forecasts of heavy rains in
Maharashtra and Gujarat. Some
parts of Maharashtra and Gujarat
received sporadic rains in the last
week of September but there was
no excessive rainfall which could
have threatened the crop. North
India also witnessed rainfall when
the crop was ready for picking. But
except for a minor impact in small
parts of Haryana, north India faced
no major losses.
Last year, north India’s cotton
crop was severely damaged from
diseases like pink ball worm
caused by the late monsoon rains.
Crop yield reduced in Gujarat and
Maharashtra too.
This year, no threats have
been predicted for the crop so far.
Arrivals in north India comprising
Punjab, Haryana, upper Rajasthan
and lower Rajasthan are increasing
continuously. New cotton prices
have witnessed a steep fall in
north India despite the late arrivals
and a prolonged scarcity before
the new crop.
Source: Fashionating World
Indian cotton volume raise 15%
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end of September.
In the first fortnight of the
current month, there were
concerns about the crop due
to forecasts of heavy rains in
parts of Haryana, north India faced
no major losses.
Last year, north India’s cotton
crop was severely damaged from
diseases like pink ball worm
have witnessed a steep fall in
north India despite the late arrivals
and a prolonged scarcity before
the new crop.
Source: Fashionating World
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P
akistan’s small textile mills,
which make products ranging
from bedsheets to towels
mainly for consumers in the US
and Europe, are starting to shut
after devastating floods wiped out
its cotton crop.
As many as 100 smaller mills
have suspended operations due to
a shortage of good quality cotton,
high fuel costs, and poor recovery
of payments from buyers in flood-
hit areas, said Khurram Mukhtar,
patron-in-chief of the Pakistan
Textile Exporters Association.
Larger firms, which supply to
global companies like Nike Inc.,
Adidas AG, Puma SE, Target Corp.,
are less affected as they are well
stocked, he said.
The latest blow comes at a
difficult time for the South Asian
nation that is already struggling
with high inflation and falling
currency reserves. The closure
of firms, such as AN Textile Mills
Ltd., Shams Textile Mills Ltd.,
J.A. Textile Mills Ltd. and Asim
Textile Mills Ltd., could worsen the
country’s employment situation
and hit its export earnings. Larger
companies are also facing rough
weather, with demand for their
products seen falling about 10%
by December from now due to a
slowdown in Europe and the US,
Mukhtar said.
Due to an “unforeseen
downturn in the market and
unavailability of good quality
cotton” following heavy rains
and floods, the company’s mills
have been temporarily closed,
Faisalabad-based AN Textile said
in an exchange filing earlier this
month.
Cotton production in Pakistan
could slump to 6.5 million bales
(of 170 kilograms each) in the year
that started in July, compared with
a target of 11 million, Mukhtar
said. That could force the nation
to spend about $3 billion to import
cotton from countries such as
Brazil, Turkey, the US, East and
West Africa and Afghanistan, said
Gohar Ejaz, patron-in-chief of All
Pakistan Textile Mills Association.
About 30% of Pakistan’s textile
production capacity for exports
has been hampered because of
cotton and energy shortages, Ejaz
said.
Pakistan’s textile sector,
which exports about 60% of its
production, is also facing poor
demand in the domestic market
due to fragile economic conditions.
Gross domestic product is
estimated to halve from 5% in the
fiscal year ending June following
the floods that led to damages
of around $30 billion. Pakistan
secured a $1.1 billion loan from
the International Monetary Fund
in August to avert an imminent
default.
Source: Bloomberg
Factories Making Towels and Bedsheets
Are Shutting in Pakistan
The mill closures underscore challenges for the sector
that employs about 10 million people, accounts for 8% of the
economy and adds more than half to the nation’s export earnings.
Their hardships have become acute due to recent floods, which
submerged a third of Pakistan, killed more than 1,600 people,
and damaged about 35% of the cotton crop.
A cotton farm in flooded water in Sindh province, earlier in Sept.
Photographer: Asim Hafeez/Bloomberg
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I
ndia’simportsofcottonyarnother
than sewing thread (HS code
5205) from China have seen a
multi-fold jump recently. Murmurs
about the increase in imports
are being heard in the domestic
market and Fibre2Fashion’s market
insight tool TexPro indicates the
same. According to trade sources,
imports are around 20 per cent
cheaper but the volume remains
low.
In terms of volume, India’s
imports of cotton yarn from
China jumped by four times in
June compared to May 2022 and
witnessed a mild month-on-
month growth in July 2022. The
imports went from 32,765 kg
worth $67,023 in May to 151,962
kg worth $7.54 lakh in June this
year. The imports stood at 187,928
kg cotton yarn worth $7.28 lakh in
July 2022, as per TexPro.
It may be noted that the US
had imposed a ban on cotton
and cotton products produced in
Xinjiang due to alleged human
rights violations and forced labour
in the region. The ban came into
effect from June 2022 this year.
Cotton and cotton yarn prices have
witnessed a sharp fall in China
following the ban.
Cotton yarn imports to India
from China were at 13,399 kg
($14,982) in April, 14,318 kg
($67,924) in March and 36,307
kg ($221,872) in February 2022,
according to TexPro. On a yearly
basis, India’s cotton yarn imports
from China stood at 414,868 kg
($2.348 million) in 2021, 577,172
kg ($2.515 million) in 2020,
806,298 kg ($3.732 million) in
2019 and 1,659,287 kg ($7.997
million) in 2018. The imports
amounted to 466,623 kg ($1.916
million) during January-July this
year.
According to market sources,
the landed cost of Chinese cotton
yarn is around 20 per cent lower
than domestic prices. Cotton yarn
attracts about 18 per cent basic
custom duty and other taxes but
Chinese cotton yarn is cheaper
despite the taxes.
Some sources said that cotton
yarnisbeingimportedbyconsumer
industry, which indicates that the
weaving industry is importing
Chinese cotton yarn. Thus, the
product is not being traded but
is directly reaching the consumer
industry.
However, the market is not
worried about the imports as the
volume is relatively low. A trader
from Tiruppur told Fibre2Fashion,
“The volume of monthly imports is
not alarming yet. The government
will not allow flooding of Chinese
cotton yarn amid new crop arrival.”
Source: Fibre2Fashion
Indian import of Chinese cotton yarn up
after US ban on Xinjiang goods
Industry experts said that
Chinese cotton yarn, even if
it was produced from cotton
from the Xinjiang region, can
be consumed for products
manufactured for domestic
and non-US international
markets.
Indian import of Chinese cotton yarn up
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A
s the world continues to
follow physical distancing,
consumers are less likely to
visit brick-and-mortar stores. This
contact-free economy is raising
e-commerce and automation to
a whole new level. With more
and more commoners using the
internet on a global scale, it only
asserts the businesses to develop
multiple strategies and incorporate
the omnichannel approach into
their business models.
Like many other industries, the
Apparel Industry is undergoing
large scale changes due to the
surge of technology and its direct
impact on consumer behavior.
Hence, the apparel industry has
been force-fitted to embrace
digitalization and the number of
trends that have risen alongside
the new normal, making digital
and analytics vital.
Countless amounts of retail
brands are now offering seamless
shopping experiences to their
customers online to their store
outlets, thus easing the user
experience. Digitalization is not
only limited to the sales channel
and helps companies adapt
efficient operations, production
processes, and cost structures and
transform each step of the value
chain better, faster, and cost-
effective. For example, digitization
can enable new logistics and sales-
fulfilment options (such as click-
and-collect and drive-through),
fuel innovative ways of customer
acquisition, and help predict and
manage inventory to create a more
resilient supply chain.
The COVID-19 crisis has
clearly been an accelerator to the
industry leaders in terms of their
ability and willingness to invest.
The apparel manufacturing
How digitalization will help increase production?
Digitalization has become the way of life for many people and a game-changer for many
industries, especially with the pandemic making us hit a rock bottom. It has helped businesses,
from retailers to multi-brands to sustain themselves in their respective fields throughout the year.
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industry, except few big players,
has a very cluttered way of the
working process. The ground
reality is different when it comes
to the adoption of new technology
in small and mid-size firms.
From ergonomics to
production, plant layout designing,
inventory management, supply
chain visibility and much more
needs to be done through the
available solutions in the market.
We know that different
production tools are used to
improving production; however,
many factories find it difficult to
implement and use these tools.
Most of the operators are not ready
to accept the changes despite the
management highlighting the
importance and positive impact
of automation to the shop floor,
assisting in dispatch, sale and
even customer service.
From real-time data entry
software, we can see the line
performing of each factory
from anywhere and according
to capacity and KPI important
decisions can be made to help the
business reach greater heights.
Some brands are capitalizing
on the benefits by bringing small
automation to enhance user
experience, be a resource to their
customers and community and
add an incredible value without
being too salesy.
For example, Lenskart gives
3-D views of the face with
spectacles to help users to
understand which frame or glass
is looking better. Also, India is
coming with their own body size
chart. Recently Gucci sold their
first virtual Gucci sneakers for sale
at $17.99
The catch? They’re digital-only
Source: Texcoms
And the list of benefits just goes on:
Ergonomically designed workstation benefitting
health and production – eg, ETON system helps
in smooth process flow without a lot of human
handling and can bring the product in perfect shape
till dispatch area.
Minimizing paperwork and human error through
automation tools – eg, Barcode/ QR code scanner
for tracking production processes from cutting to
shipping warehouse and from end line check table
to head office, data will transfer without any error.
Poka-yoke (“mistake-proofing” or “inadvertent error
prevention”) – a mechanism in a process that helps
an equipment operator avoid mistakes or defects
by preventing, correcting, or drawing attention to
human errors as they occur can help in different
department specially, maintenance, Trim store,
Finishing department etc.
From Kanban, now digital Kanban we can handle
WIP in each line of production and meet the shipment
date without any loss. It can also help meet the KPI
of the factory and enhance the efficiency of man/
machine ratio, line and factory efficiency to help with
apparel costing.
decisions can be made to help the
business reach greater heights.
Some brands are capitalizing
on the benefits by bringing small
For example, Lenskart gives
3-D views of the face with
spectacles to help users to
understand which frame or glass
The catch? They’re digital-only
Source: Texcoms
Ergonomically designed workstation benefitting
health and production – eg, ETON system helps
in smooth process flow without a lot of human
handling and can bring the product in perfect shape
Minimizing paperwork and human error through
automation tools – eg, Barcode/ QR code scanner
for tracking production processes from cutting to
shipping warehouse and from end line check table
to head office, data will transfer without any error.
Poka-yoke (“mistake-proofing” or “inadvertent error
prevention”) – a mechanism in a process that helps
an equipment operator avoid mistakes or defects
by preventing, correcting, or drawing attention to
human errors as they occur can help in different
department specially, maintenance, Trim store,
From Kanban, now digital Kanban we can handle
WIP in each line of production and meet the shipment
date without any loss. It can also help meet the KPI
of the factory and enhance the efficiency of man/
machine ratio, line and factory efficiency to help with
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C
onsumerism is linked to
paying a certain amount
for products we choose to
buy as consumers. In most cases
this value is pre-determined and
the consumers pay a token to
buy what they want. However,
in recent times owing to bigger
causes attracting a lot of attention,
especially the environmental
cause. The idea of consumerism is
changing. The concept of buying
what we fancy is no more known
to be the best path a consumer
should walk, it is today more
about buying right, and investing
to seek value. And that is what
is getting defined as responsible
consumerism.
The textile waste and even
our old clothes end up in landfills
causing immense environmental
hazards. This disrupts the balance
between nature and mankind,
causing us to suffer the negative
effects of pollution and its linked
causes.
So to bring back this balance
we should reduce our consumption
quantitatively. This means we
should decrease our cycle of
consumption. This directly links
to buying better quality clothes,
which last for long.
This also means reusing our
used clothes as much as possible.
However,itisnecessarytoembrace
responsible consumerism in order
to restore the environmental
balance.
Why is it necessary to adapt the responsible path to consumerism?
What is responsible consumerism?
The idea of consumerism is changing. The concept of buying what
we fancy is no more known to be the best path a consumer should
walk, it is today more about buying right, and investing to seek value.
And that is what is getting defined as responsible consumerism.
And that is what is getting defined as responsible consumerism.
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• To begin with we should shop less. This is
not an easy thing to do and requires a lot of
practice to suppress our urge to pick up things
unnecessarily. When you plan your consumption,
you will end up buying exactly what you require.
In doing that you will reduce the unnecessary
threat of polluting the environment.
• Manage your resources. When buying
something, take a look at its tag and try to
know more about the production processes. It is
important to know the back story and keep it in
mind when buying a piece of garment. This will
help you invest in a transparent supply chain and
rule out the context of investing in something
that has been manufactured through a dubious
supply chain, exploiting resources.
• Say no to plastic. Just buying something
from a slow fashion brand, which has been
ethically manufactured is only doing half of your
responsibility as a sensible shopper. On the
other hand, when you refuse plastic carry bags
at a retail outlet or say no to harmful packaging
with a brand you are shopping from, you take
your job as a responsible shopper a notch above.
• Shop local. As a responsible consumer, your
task is to empower the local supply chain and
look into the welfare of the ecosystem closer to
home. This is your responsibility too, along with
working towards reducing or putting a check on
pollution and resource tampering. So, invest in
local brands to boost their ethical supply chain
and manufacturing process and in turn, help
your local economy to flourish.
• Empower others to follow you. Just being
responsible on your own is not enough. Practice
what you preach and encourage others to join the
movement. With the amount of chaos, we have
already done to the environment, it will take a
lot of effort to turn things around. So, each one
should encourage others to make responsible
consumerism a cause worth attending to in
order to make a big difference.
What should we do to embrace responsible consumerism?
Adapting the 4Rs: Reduce, reuse, recycle, repair
The principle of 4Rs is a big
way to embrace responsible
consumerism and this should be
the motto to follow if we want the
earth to feel normal once again.
This strategy is easy to follow,
provided we are ready to break
it down and simplify it as per
our requirements and shopping
pattern.
Reduce simply means
identifying and shopping for things
we absolutely need. The more we
reduce consumption, the lesser
likely we are to create any undue
pressure on the environment.
Further, we should recycle
wherever an opportunity arises
and reuse a product once its first
life cycle has ended.
In order to do this, we may
have to repair the condition of
the product. But, all that is worth
it as it gives back an almost new
product which finds a new usage
as compared to investing in
something new.
When you take to responsible
consumerism, then product
traceability also becomes much
simpler as you adapt to circularity
and that helps you trace the
sources of your raw materials with
ease. This makes the brands and
the entire retail ecosystem more
conscious of what they put on the
shelf.
Alternatively, what you buy
helps to directly empower a
supply chain that is filled with real
humans and not machines.
Moreover, when you buy
locally by tracing the origin of
the product, you encourage a
company that has ethically abided
by workers’ rights and workplace
standards in the creation,
cultivation, production, treatment,
transformation, storage, and other
processes meant for garment
production.
Taking a step towards
responsible consumerism is thus,
not just about shopping right, but
shopping to make it stand up to
the cause of the environment and
the greater good!
Source: Texcoms
13. Newsletter October 2022
13
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www.vcosa.org.vn
Bản tin tháng 10-2022
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www.vcosa.org.vn 13
13
13
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www.vcosa.org.vn
www.vcosa.org.vn
www.vcosa.org.vn
www.vcosa.org.vn
www.vcosa.org.vn
www.vcosa.org.vn
www.vcosa.org.vn
www.vcosa.org.vn
www.vcosa.org.vn
WHO WE ARE?
The Vietnam Cotton and Spinning Association (VCOSA) is a non-governmental organization, established
and operating under Decision No. 1225/QD-BNV dated October 27, 2010 of the Vietnam Ministry of
Home Affairs on the basis of merging the Vietnam Cotton Association and Vietnam Spinning Association.
VCOSA is the legal representative for the member enterprises, spinning and affiliated industry. VCOSA’s
mission is to promote the development of the spinning industry, contributing to the overall development
of the textile and garment industry in Vietnam.
HOW WE DO?
What benefits user get from VYP? Where is the price data source?
Yarn prices are shared and contributed by users in Vietnam and other countries.
Prices are referenced from international market.
Prices are referenced from domestic market of China, India, Pakistan, Bangladesh.
WHAT WE DO?
VietnamYarnPrice, abbreviated as VYP, is one of products of VCOSA. VYP is built and developed according
to the needs of members. VYP is operated and developed by members and enterprises (called users) by
the information that users contribute every day.
What kind of information that you can get from VYP?
1. Fiber prices: cotton fiber, polyester fiber, semi-finished products from PE, visco fiber.
2. Yarn prices: CD, CM, OE, TC, CVC, PE, Rayon, PC, Pe-Rayon... Multi yarn count.
3. Yarn prices for weaving or knitting.
4. Prices of fibers and yarns of various types and specifications contributed by users from Vietnam.
5. Prices of fibers and yarns of various types and specifications contributed by users from abroad.
6. Historical data from 3-10 years.
7. Range of volatile price in 1 day, 1 week and 1 month for fibers and yarns.
8. Chart of price movements over each period.
9. Document download in EXCEL/PDF.
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16. Newsletter October 2022
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Thời gian vận chuyển
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sinh thái công nghiệp trên khắp Châu Phi với sự hợp tác của các chính phủ Châu Phi.
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ARISE IIP Vietnam
Ms. Vi Nguyen
(+84) 93 8410014
vi.nguyen@arisenet.com
20. 20 https://vietnamyarnprice.com
www.vcosa.org.vn
Newsletter October 2022
In Sep 2022, Vietnam imported 141.5 thousand
tons of cotton, worth 427.3 million USD, up 5.7% in
volume and 5.2% in value compared to the previous
month, down 11.2% in volume but increased 31.6%
in value compared to September 2021.
Fiber & yarn imported into Vietnam was 74.8
thousand tons, worth 180.7 million USD, down 16.5%
in volume and down 15.5% in value compared to the
previous month; up 23.3% in volume and 15.2% in
value compared to Sep 2021.
According to preliminary data in September 2022, Vietnam imported 141.5 thousand tons of cotton, up
5.7% over the previous month. Imported of fiber and yarn was 74.8 thousand tons, down 16.5% compared to
the previous month.
1. Monthly Import Statistics
REPORT AND DATABASE
REPORT AND DATABASE
REPORT AND DATABASE
21. 21
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Newsletter October 2022
According to statistics of the General Department
of Customs in September 2022, Vietnam imported
cotton worth 427.3 million USD, up 5.2% over the
previous month; import of fiber and yarn valued at
180.7 million USD, down 15.5%; fabric import was
1.13 billion USD, down 6.2%; import of raw materials
for textiles, garments and footwear increased by
3.4% over the previous month, valued at 593.5
million USD.
According to preliminary data in September 2022, imported of fiber and yarn was about 74.8 thousand
tons, down 16.5% compared to the previous month, up 23.3% over the same period last year.
22. 22 https://vietnamyarnprice.com
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Newsletter October 2022
According to preliminary data in September 2022, Vietnam imported 141.5 thousand tons of cotton, up
5.7% over the previous month, down 11.2% over the same period last year.
In the first 9 months of 2022, Vietnam imported
cotton worth 2.98 billion USD, up 21.1% over the
same period last year; import of fiber and yarn valued
at 2.04 billion USD, up 7.9%; fabric import was
11.44 billion USD, up 8.8%; import of raw materials
for textiles, garments and footwear increased by
10.3% over the same period last year, worth 5.24
billion USD.
23. 23
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Newsletter October 2022
According to statistics of the General Department
of Customs, cotton imports to Vietnam in
September 2022 reached 141.48 thousand tons,
worth $427.32 million, up 5.7% in volume and
5.2% in value compared to August 2022, down
11.2% in volume but up 31.6% in value compared to
September 2021.
Generally, in the first 9 months of 2022, cotton
imports to Vietnam reached 1.06 million tons, worth
2.98 billion USD, down 19.4% in volume, but up
21.1% in value over the same period 2021.
In the first 9 months of 2022,
there are 10 markets supplying
raw cotton to Vietnam, stable
compared to the same period in
2021.
The US is the largest supplier
of raw cotton to Vietnam in the
first nine months of 2022, with
imports reaching 402 thousand
tons, worth US$1.18 billion, up
39.2% in volume but down 9.3
% in value over the same period
in 2021, accounting for 52.8% of
total cotton imports. Particularly in
September 2022, cotton imports
from this market reached 47.78
thousand tons, worth 142 million
USD, down 8.6% in volume and
10.9% in value compared to
September 2021.
Cotton imports from the
Australian market increased
by 52.2% in volume and 3.1%
in value compared to the first
nine months of 2021, reaching
216 thousand tons, worth $652
million. Particularly in September
2022, cotton imports from this
market reached 75.74 thousand
tons, worth 235.6 million USD,
up 32.5% in volume and 94.2%
in value over the same period last
year.
In addition, cotton imports from
some other markets increased
sharply compared to the same
period in 2021, such as imports
from Indonesia, increasing by
112.2% in volume over the same
period in 2021.
1.1. The import price of raw cotton decreased slightly in September 2022
Source: VITIC
All data are accurate, relevant and verified from sources: the Ministry of Industry and
Trade, General Department of Vietnam Customs, General Statistics Office of Vietnam,
International Trade Center, Cotton Incorporated and other reliable sources.
This text provides general information. VCOSA assumes no liability for the information
given being complete or correct. Due to varying update cycles, statistics can display
more up-to-date data than referenced in the text.
Communication and Information Department
24. 24 https://vietnamyarnprice.com
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Newsletter October 2022
About price: The price of cotton imported into
Vietnam, after increasing continuously from the
beginning of the year, to September 2022 has turned
to decrease. Specifically, the price of raw cotton
imported into Vietnam in September 2022 was at
USD 3,020/ton, down 0.5% compared to August
2022 but up 48% compared to September 2021.
In the first nine months of 2022, the price of cotton
imported to Vietnam averaged $2,806/ton, up 50.2%
over the same period in 2021.
The price of cotton imported
into Vietnam fell in line with the
downward trend of world cotton
prices. According to a source
from https://www.brecorder.
com/, India’s cotton prices have
continued to decline recently due
to a decrease in demand for cotton
yarn in both domestic and world
markets due to textile export
orders slowed down due to the
downturn in international markets,
especially in Europe and America.
Although, the Rupee is gradually
strengthening against the USD,
while the New York Cotton Futures
exchange rate is generally also
falling after the volatility and has
dropped to as low as 82 US cents/
lb.
According to data from the
source https://www.macrotrends.
net/, the US cotton price has also
decreased significantly in the first
half of October 2022, the price on
October 12, 2022 was at $0.85/
pound, down 8.6% compared to
the end of September 2022.
Facing the downward trend of
world cotton prices, it is forecasted
that the price of raw cotton imports
into Vietnam will also continue to
decrease in the next month. With
the decline in the price of imported
cotton, it will create conditions for
Vietnam to boost the import of raw
cotton to produce knitting orders
in the last months of the year.
Vietnam’s import cottons in Sep 2022
Source: VITIC
Source: VITIC
25. 25
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Newsletter October 2022
Source: macrotrends.net
The average price of imported cotton from major
markets in September 2022 decreased compared to
August 2022. In which, the price of cotton imported
from the US market decreased by 2.6% to 2,052 USD/
ton, the price of cotton imported from the Australian
market decreased by 2.8% to 2,013 USD/ton, the
price of cotton imported from Brazil decreased 8.4%
to 2,122 USD/ton.
Source: VITIC
Import price of cotton in Sep 2022
26. 26 https://vietnamyarnprice.com
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Newsletter October 2022
A
ccording to statistics of
the General Department
of Customs, Vietnam’s
imported fiber in August 2022
reached 30.09 thousand tons,
worth 43.71 million USD, down
6.7% in volume and 15 .9% in
value compared to July 2022;
up 17.5% in volume and 31.4%
in value compared to August
2021. Generally, in the first eight
months of 2022, imports of raw
fiber reached 252 thousand tons,
worth $360 million, down 6.9% in
volume but up 3.7% in value over
the same period in 2021.
According to forecasts, the
growth of textile and garment
exports will slow down in the
last months of 2022 due to the
unpredictable developments of
the Covid-19 epidemic, countries
that are important trading
partners of Vietnam such as
China, Japan… is still applying
strict anti-epidemic measures.
Inflation, the conflict between
Russia and Ukraine will also affect
global purchasing power, causing
orders of businesses to decrease.
Moreover, the depreciation of the
EUR against the USD has made
European consumers tighten
their spending even more, if this
situation persists, the weak import
demand will be detrimental to
international exporters including
Vietnam.
The slowdown in Vietnam’s
textile and garment exports will
also affect the import of textile
materials in general and the import
of fiber in particular. It is forecasted
that in the coming time, the import
of fiber into Vietnam will continue
to decrease.
China is the largest source of
fiber for Vietnam in August 2022,
with imports reaching 12.17
thousand tons, worth 15.78 million
USD, down 12.7% in volume
and 24 % in value compared to
July 2022; up 15.4% in volume
and 19.4% in value compared to
August 2021.
Generally, in the first eight
months of 2022, imports of raw
fiber from the Chinese market
reached 110.53 thousand tons,
worth USD 145.61 million,
accounting for 43.8% of the total
import volume, down 5.8% in
volume. but increased 6.4% in
value compared to the first 8
months of 2021.
Import of raw fiber from the
Korean market in August 2022
reached 4.22 thousand tons,
worth 6.54 million USD, down
22.7% in volume and 27.6% in
value compared to July 2022; up
21.4% and 49.7% in value over
the same period in August 2021.
Generally, in the first 8 months
of 2022, the import of raw fiber
from the Korean market reached
110.53 thousand tons, worth
US$ 49.46 million, accounting
for 11.8% of the total import of
Vietnam’s raw fiber, up 7% in
volume and up 18.9% in value
compared to the first 8 months of
2021.
In the first 8 months of 2022,
Vietnam imported raw fiber
from 29 markets, up 4 markets
compared to the same period in
2021. Imports of raw fiber from the
main supply markets for Vietnam
all decreased slightly, except for
imports. Thailand’s export market
increased by 9.1% in volume.
Notably, imported fiber from
some markets increased sharply in
the first 8 months of 2022 such as
Bangladesh, the UK.
1.2. The fiber import price is expected to continue to decline
Source: VITIC
27. 27
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Newsletter October 2022
Vietnam’s import fiber in Aug 2022
About price: In August 2022, the price of
imported fiber to Vietnam reached an average of
1,453 USD/ton, down 9.8% compared to July 2022,
but up 11.8% compared to August 2021. In which,
the lowest price of raw fiber imported from the Indian
market reached 1,183 USD/ton; followed by Thailand
at 1,369 USD/ton… and the highest import price from
Japan was 3,235 USD/ton.
Thus, the import price of raw fiber has turned
down. With weak demand for global apparel
products, it is forecasted that the price of imported
fiber materials will continue to decrease in the coming
time.
In July 2022, the lowest price of raw fiber
imported from India reached 1,362 USD/ton; followed
by Taiwan market at 1,473 USD/ton and the highest
import price from Japan market at 3,825 USD/ton.
Source: VITIC
Source: VITIC
28. 28 https://vietnamyarnprice.com
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Newsletter October 2022
A
ccording to statistics of the General
Department of Customs, import of raw yarn
in August 2022 reached 56.96 thousand
tons, worth USD 167.08 million, up 3.7% in volume
but down 4.3% in value compared to July 2022, up
20% in volume and 15.2% in value compared to
August 2021.
Generally, in the first 8 months of 2022, Vietnam’s
raw yarn imports reached 482 thousand tons, worth
1.48 billion USD, down 4.2% in volume but up 8% in
value over the same period in 2021.
1.3. The price of imported yarn dropped sharply
Import price of fiber in Aug 2022
Source: VITIC
Source: VITIC
29. 29
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Newsletter October 2022
China has always been the
largest supplier of yarn to Vietnam,
with imports in August 2022
reaching 39.98 thousand tons,
worth $ 99.09 million, up 4.7% in
volume but down 9 .5% in value
compared to July 2022; increased
31.5% in volume and 11.7% in
value compared to August 2021.
Generally, in the first 8 months
of 2022, the import of raw yarn
from the Chinese market reached
312.46 thousand tons, worth
US$894.64 million, accounting for
64.8% of the total import volume,
up 2.1% in volume. and increased
16.8% in value over the same
period in 2021.
In August 2022, the import
of raw yarn from Taiwan market
reached 7.02 thousand tons,
worth 22.26 million USD, down
13.7% in volume and 9.8% in
value compared to July 2022; up
14.6% in volume and 28.6% in
value compared to August 2021.
Generally, in the first 8 months of
2022, imports of raw yarns from
Taiwan market reached 67.31
thousand tons, worth USD 190.8
million, accounting for 14% of
Vietnam’s total import of raw
yarns, down 8. 5% in volume but
up 2.3% in value over the same
period in 2021.
In general, in the first 8 months
of 2022, imports of raw yarns from
mainsupplyingmarketstoVietnam
decreased, except for imports from
China, which increased slightly by
2.1% in volume.
Notably, yarn imported from
the Brazilian market increased
sharply in the first 8 months of
2022.
Vietnam’s import yarn in Aug 2022
Source: VITIC
In terms of price: Import price of raw yarn in
August 2022 was at $2,933/ton, down $243/ton
compared to July 2022 and down $121/ton compared
to August 2021.
In the first 8 months of 2022, the price of imported
yarn to Vietnam reached an average of 3,084 USD/
ton, up 12.7% over the same period in 2021.
30. 30 https://vietnamyarnprice.com
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Newsletter October 2022
In which, the price of yarn
imported from Malaysia market is
the lowest, reaching 2,534 USD/
ton; followed by from Taiwan
market reached 2,835 USD/ton
and the highest import price from
Hong Kong market was 5,863
USD/ton.
Global cotton prices fell again
as the dollar rose to a 20-year high.
A strong USD will put pressure
on the VND, so the USD/VND
exchange rate will have a big price
difference, affecting importers.
Accordingly, domestic commodity
prices will be strongly affected.
It is forecasted that yarn prices
in the last months of 2022 will
continue to decrease, however, the
decrease will not be much.
Before that, the global price
of cotton has increased sharply
during the pandemic, reaching
over 1 USD/pound in 2021.
For Vietnam, although the
import price of yarn has decreased,
but with weak demand from
Vietnam’s textile and garment
export market, it is forecasted that
Vietnam’s raw yarn imports will
continue to slow down in the next
month.
Source: VITIC
Source: VITIC
Import price of yarn in Aug 2022
Source: VITIC
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Newsletter October 2022
Fiber and yarn exports in September 2022
reached at 323.2 million USD, down 8.8% over the
previous month; fabric exports reached 191.7 million
USD, down 26.5%; materials for textiles, leather and
footwear reached 175.3 million USD, down 12.3%;
technical textile exports fell 5.5% month on month,
worth 71 million USD.
In September 2022, Vietnam exported 115.9 thousand tons of fiber and yarn, worth 323.2 million USD, down
6.9% in volume and 8.8% in value compared to the previous month; down 20% in volume and 28.7% in value
compared to September 2021.
2. Monthly Export Statistics
32. 32 https://vietnamyarnprice.com
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Newsletter October 2022
Vietnam’s fiber and yarn exports in September 2022 reached 115.9 thousand tons, worth 323.2 million
USD, down 6.9% in volume and 8.8% in value compared to the previous month.
Textile and apparel exports in September 2022 reached 2.72 billion USD, down 31.9% over the previous
month.
33. 33
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Newsletter October 2022
According to preliminary data in September 2022, textile and apparel exports reached 2.72 billion USD,
down 31.9% MoM, up 19.6% YoY.
In the first 9 months of 2022, Vietnam’s fiber and yarn exports were worth 3.77 billion USD, down 7.8%
compared to the same period last year; fabric exports reached 2.13 billion USD, up 17.2%; export of raw
materials for textile, garment, leather and footwear reached 1.74 billion USD, up 20.9%; technical textile
exports increased by 17.4%, worth 676.6 million USD.
34. 34 https://vietnamyarnprice.com
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Newsletter October 2022
A
ccording to statistics from the General
Department of Customs, Vietnam’s exports
of textile fibers and yarns in August 2022
reached 124.6 thousand tons, with a turnover of
354.5 million USD, up 13.1% in volume and 9.9%
of turnover compared to July 2022; down 20.3% in
volume and 26.3% in turnover compared to August
2021.
Generally, in the first 8 months of 2022, Vietnam’s
exports of textile fibers and yarns reached 1,088
million tons, with a turnover of 3.45 billion USD, down
17.4% in volume and 5.3% in turnover compared to
the same period in 2021.
2.1. Fiber and yarn export prices fell for a fourth straight month
Source: VITIC
In terms of prices: Due to weak demand, world
yarn prices fell. In India, yarn prices fell in most
regions, of which cotton yarn prices fell by Rs 5 per
kg in the first week of September 2022 in Ludhiana
and Delhi.
Following the downward trend in world yarn
prices, the average export price of Vietnam’s textile
fibers and yarns has also decreased in recent months,
specifically, in August 2022, the average export price
of Vietnam’s fibers and yarns reached $2,846/ton,
down 2.8% compared to July 2022 and down 7.6%
compared to August 2021. This is the 4th consecutive
month that Vietnam’s export prices of fiber and yarn
have decreased.
Generally, in the first eight months of 2022, the
average export price of Vietnam’s textile fibers and
yarns reached $3,171 per ton, up 14.8% over the
same period in 2021.
Traders are expecting the world yarn market to
bottom soon and buyers across the entire value chain
will return to buy at lower and more attractive prices.
This will pull back the recent decline in yarn prices.
Source: VITIC
35. 35
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Newsletter October 2022
The average export unit price of Vietnam’s fiber
and yarn products decreased in most markets in
August 2022, in which, the export price to some
markets decreased sharply such as Indonesia
decreased by 14.1%, Cambodia decreased by 14.1%.
down 14.9%, Colombia down 10.7% compared to
July 2022.
Source: VITIC
Export price of fiber and yarn in Aug 2022
In August 2022, Vietnam’s
exports of textile fibers and
yarns to many markets grew well
compared to July 2022, typically
exports to China, Bangladesh,
Philippines, Turkey, etc. Cambodia.
Compared to August 2021,
Vietnam’s exports of textile fibers
and yarns to key markets such as
China, Korea, Bangladesh, and the
US all decreased in August 2022.
However, exports of this product to
some other markets still increased,
such as India, the Philippines, and
Turkey.
Generally, in the first eight
months of 2022, Vietnam
exported the most fiber and yarn
to the Chinese market, accounting
for 45.4% of the total volume
and accounting for 46.5% of the
total export turnover of this item.
However, the export of textile
fibers and yarns to this market
decreased by 31.4% in volume and
19.4% in turnover in the first eight
months of 2022 compared to the
same period in 2021. In contrast,
exports of fibers and yarns
Vietnam’s textiles to some other
markets are still growing such
as: Bangladesh, USA, Indonesia,
Thailand, India, Philippines.
• Export market:
37. 37
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Newsletter October 2022
3. Cotton Outlook
3.1. Price movement
3.2. Price outlook
The December NY/ICE futures contract fell from
levels near 105 cents/lb in early September to
those as low as 83 cents/lb in early October.
After some rebound, prices fell the four cent
limit with the release of the latest USDA report
to 84 cents/lb.
The A Index dropped from 124 to 102 cents/lb
over the past month
The China Cotton Index (CC 3128B) decreased
more calmly than NY/ICE futures and the A
Index, with values easing from 103 to 98 cents/
lb. In domestic terms, prices fell from 15,700 to
15,500 RMB/ton. The RMB weakened against
the dollar, from 6.92 to 7.18 RMB/USD.
Despite dropping sharply over the past month,
Indian spot prices (Shankar-6 quality) remain
the highest of all benchmarks. Values fell
nearly 30 cents/lb between early September
and early October, from 139 to 110 cents/lb.
The decline was from 86,500 to 71,000 INR/
candy in domestic terms. The INR weakened
from 79 to 82 INR/USD.
Pakistani prices fell from 119 to 102 cents/lb. In
domestic terms, prices dropped from 22,500 to
18,300 PKR/maund. The PKR traded erratically
against the USD but ended the past month
stronger (from 230 to 217 PKR/USD).
Volatility was a feature of many markets, and most
benchmark prices moved sharply lower over
the past month.
P
rice decreases over the past
month indicate that demand-
related concerns have been
winning the contest between the
competing storylines involving a
weaker downstream outlook and
lower production expectations
in a couple key cotton-growing
countries. In addition, while the
severe weather-driven production
challenges in the U.S. and Pakistan
have garnered many headlines,
related counterpoints concerning
world production have gotten less
attention.
Cotton is a global commodity.
In any given crop year, when a
country or a group of countries
suffer adverse conditions, other
countries tend to have better
weather. In 2022/23, Brazil and
Australia are forecast to collect
record or near-record harvests.
China and India are also projected
to grow more cotton than in
2021/22. The net result is that
global production is expected to
increase year-over-year, despite
the problems in the U.S. and
Pakistan.
With this month’s revisions to
the demand side of the balance
sheet, the increase in production
is enough to result in a surplus of
production beyond consumption.
WhilestocksintheU.S.areforecast
to be low by historical standards,
an increase in warehoused supply
is predicted at the world level
(+2.6 million bales).
Another supply-related
point that has relevance for price
discussions is that low U.S. stocks
do not always translate into high
prices. While current projections
for U.S. ending stocks and the
U.S. stocks-to-use ratio (SURs,
ending stocks divided by demand)
rank among the lowest recorded
in recent decades, values close to
these levels have been observed
relatively frequently in the recent
past.
The current value for the U.S.
38. 38 https://vietnamyarnprice.com
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Newsletter October 2022
SUR for 2022/23 is 19%. There
were years when low U.S. SUR
values coincided with high prices.
For example, in 2010/11, when
demand was resurfacing after
the financial crisis and China was
scrambling to secure supplies,
the U.S. SUR was 14% and NY/
ICE futures averaged 143 cents/
lb. In other years when the U.S.
SUR was low and demand was
more stable, high prices were not a
result. Examples include 2013/14
(SUR 17% and average NY/ICE
prices of 84 cents/lb), 2016/17
(SUR 15% and average NY/ICE
prices of 73 cents/lb), and 2020/21
(17% and average NY/ICE prices of
78 cents/lb).
For supplies to be truly tight,
not only do inventories need to be
low, but there needs to be a strong
enough pull from the demand side
to create urgency and motivate
buyers to bid up prices. In the
current market, U.S. stocks are
low, and there has been additional
import demand from Pakistan. A
question for the market is whether
that is enough to warrant prices
above current levels when the
global macroeconomic outlook is
deteriorating.
Other important questions
come from China. China represents
onethird of global mill-use and
has accounted for one-third of
U.S. exports in recent crop years.
The size of the Chinese market
is large enough to create the
demand pull necessary to move
the market. However, China has
a large volume of available stocks
within the country and Chinese
prices are near parity with the
A Index. Traditionally, Chinese
prices trade 15-20 cents higher
than the A Index, so this is an
indication that domestic prices are
more competitive internationally
than they usually are. Chinese
government policy is always an
important (unknowable) variable,
but neither the volume inventories
nor lower relative Chinese prices
suggest robust Chinese import
demand. If China does not emerge
as an aggressive buyer, it is unclear
where the volume of demand
necessary to lift prices may come
from in the current macroeconomic
environment.
Source: CI
Source: CI_VCOSA tổng hợp
39. 39
https://vietnamyarnprice.com
www.vcosa.org.vn
Newsletter October 2022
Với khả năng truy
xuất và xác minh dữ
liệu hiện đại nhất,
U.S. Cotton Trust
Protocol® là một
công cụ hữu hiệu giúp
đảm bảo tính bền
vững cho chuỗi cung
ứng của quý vị. Tất
cả chương trình đều
miễn phí cho thành
viên của U.S. Cotton
Trust Protocol® và
COTTON USA™.
Nông nghiệp tái sinh
được xây dựng dựa
trên các tác động tích
cực đến môi trường
của các thực hành
bền vững, hướng tới
một cách tiếp cận
toàn hệ thống đối với
các thực hành bền
vững tích cực.
Nghiên cứu được thực
hiện bởi US Cotton
Trust Protocol, một
sáng kiến dựa trên cơ
sở khoa học, cấp trang
trại đang thiết lập
một tiêu chuẩn mới về
bông phát triển bền
vững hơn, cho thấy
rằng 61% các thương
hiệu và nhà bán lẻ đã
chứng kiến nhu cầu
về các sản phẩm bền
vững từ người tiêu
dùng ngày càng tăng.
Ngày nay, hơn bao
giờ hết, người tiêu
dùng trên toàn cầu
muốn biết rằng quần
áo trong tủ quần áo
của họ có nguồn gốc
bền vững.
40. 40 https://vietnamyarnprice.com
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