News
‘Cotton: Review of the World Situation’: Updated Outlook, the Post-COVID Market and US-China Phase One
For Immediate Release
Date Posted: 23 December 2020
Executive Summary
Highlights from the December 2020 issue of the ‘Review’ include:
Date Posted: 23 December 2020
Executive Summary
Highlights from the December 2020 issue of the ‘Review’ include:
- An update of the near-term outlook for cotton
- Commodity markets in a post-COVID world
- Early analysis of the US-China Phase One deal
- Review of the 2019/20 cotton season
- Hirsutum in Egypt?
‘Cotton: Review of the World Situation’: Updated Outlook, the Post-COVID Market and USA-China Phase One
The International Cotton Advisory Committee (ICAC) has released the final 2020 issue of 'Cotton: Review of the World Situation'. Highlights of the 40+ page publication include:
- An update of the current cotton market;
- An outlook for all commodities as we approach the beginning of 2021;
- An early analysis of the US-China phase one trade deal that looks at trade tensions and impacts on the cotton market;
- A review of the tumultuous and unprecedented 2019/20 season; and
- Analysis of the potential introduction of Hirsutum cotton into Egypt, a country renowned for its extra-fine cotton breeds.
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About the International Cotton Advisory Committee (ICAC)
Formed in 1939, the ICAC is an association of cotton producing, consuming and trading countries. It acts as a catalyst for change by helping member countries maintain a healthy world cotton economy; provides transparency to the world cotton market by serving as a clearinghouse for technical information on cotton production; and serves as a forum for discussing cotton issues of international significance. The ICAC does not have a role in setting market prices or in intervening in market mechanisms. For more information, please visit www.icac.org.