Fibre competition likely to continue, analysts say
03/02/2015
In its monthly report for January 2015, specialist publication Cotlook said farmers in the northern hemisphere are likely to plant less cotton and favour other crops instead.
The UK-based publication said this situation could lead to a healthier balance between supply and demand in the cotton pipeline and that global consumption of cotton may improve, but it said man-made fibre prices remain weak, influenced by depressed world oil values and Chinese overcapacity. “Inter-fibre competition appears unlikely to diminish in the short to medium term,” it concluded.
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