Broadbeach, Queensland
August 10, 2006
Pima cotton,
which represents only 3 per cent of the United States cotton
crop, and a similar percentage of world production, is growing
in popularity due to price premiums.
Marc
Lewkowitz, who represents
Supima, the organization responsible for promoting Pima
cotton, told the Australian Cotton Conference on the Gold Coast
its popularity was due to consistency of color, and the extra
length, additional strength and fine micronaire, which yield
superior fabrics with better drape and softness along with
superior brilliance of colour and lustre.
He said China
is now the largest Pima consumer accounting for 42 per cent of
the entire American Pima exports.
The latest
USDA estimate for ending stocks of American Pima is only 48,000
bales. This compares to over 300,000 bales only four years ago
and a stocks to use ratio that has fallen from 65.5 per cent in
2001 to a mere 1.5 per cent last year and only a marginally
better estimate of 7.7 per cent today.
Despite price
premiums, Pima cotton production in Australia has been limited
due to its lower yield capabilities, disease susceptibility,
long season growing period, discounts applied to rain damaged
crops, the lack of locally adapted and transgenic varieties.
Supima (a
registered trademark) was created to promote American Pima,
address government regulations and support agricultural research
relevant to American Pima.
A non-profit
organization, it receives its funding in part from voluntary
dues collection from the American Pima farmers of US$3 per bale.
Revenue from these collections is used to run the organization
and to fund advertising and promotional activities. |