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Post forecasts consumption of cotton in the Malaysian textile industry at 290,000 bales in marketing year (MY) 2022/23, a 3.3 percent drop from the previous year post’s estimate. The expected reduction is based on textile companies shifting their operation to other South-East Asian countries as the cost of labor increased in Malaysia with the revision of new minimum wages on April 1, 2022.
Post forecasts consumption of cotton in the Malaysian textile industry at 290,000 bales in marketing year (MY) 2022/23, a 3.3 percent drop from the previous year post’s estimate.
The Ethiopian Sugar Corporation (ESC) and the Ethiopian Industrial Input Development Enterprise (EIIDE) have separately issued international competitive tenders to purchase 200,000 metric tons (MT) of white cane sugar and 10,000 MT of lint cotton, respectively.
Post forecasts domestic consumption of cotton by the Malaysian textile industry at 350,000 bales in marketing year (MY) 2021/22 on presumed economic growth in Malaysia and strong consumer demand for textiles in the United States and the European Union.
Ethiopian farmers and researchers have tried to address food security shortfalls and plant health issues through conventional breeding without success.
Cotton production for MY2019/20 is forecast at 262,000 bales (57,000 metric tons), 8 percent higher than the previous year.
Post forecasts consumption of cotton in the Malaysian textile industry at just over 66,000 metric tons (MT) in marketing year (MY) 2019/20, a 5 percent increase from the previous year.
This report provides information on the export certification requirements of the Government of Malaysia.
In 2018, the Government of Ethiopia (GOE) authorized cultivation of genetically engineered (GE) cotton by granting official approvals for environmental release.
In May, the Ethiopian Ministry of Environment approved Bt cotton – the country’s first biotech crop – for cultivation.
Cotton production in MY17/18 (Aug-Jul) is projected to fall to 176,000 bales (38,000 MT) because of poor weather conditions and pest damage.
Ethiopia completed its second round of Bt cotton confined field trials in 2017 and commercialization is expected within the next couple of years.