Cotton in the Global Context

Production in 2004 was actually running higher than consumption prior to 1995 and this has caused the existence of a world surplus of baled cotton in the form of stocks in warehouse. It is the existence of these “ending stocks” that has a large effect on the international price of cotton. Consumption began to outpace production in 2001 to 2003 period and this, mixed with crop disasters in various regions, caused the international price to rise. The reaction from many countries was to increase production in reaction to this. Cconsumption failed to match this increase in production, causing a fall in prices and a renewal of the world’s ending stocks.

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Bibliographic Details
Main Author: World Bank
Format: Working Paper biblioteca
Language:English
en_US
Published: Washington, DC 2005-06
Subjects:TAX INCENTIVES, AUCTION, AUCTION SYSTEM, DEPOSIT, HOLDING, LETTER OF CREDIT, EXPORT MARKETS, EQUIPMENT, WAREHOUSE, LOCAL BANK, STOCK, VALUATION, FUTURES, PROMISSORY NOTES, SALES, INTEREST, INTEREST RATE, SUPPLIER, EXCHANGE, OPTION, TRADE UNION, LIQUIDITY, DEVELOPING COUNTRIES, BANK ACCOUNT, REPAYMENTS, MORTGAGE, RURAL CREDIT, MARKET SHARES, FAIR, DISCOUNT, PRICING, PRICE, TAX, PLEDGE, TRANSACTION COST, INFLATION, INSURANCE MARKET, MASS MARKET, POLITICAL RISKS, MATURITY, LAND PARCEL, LIEN, ARBITRATION, DERIVATIVES, CREDIT WORTHINESS, CURRENCY, COMMERCIAL BANK, PRICE VOLATILITY, DEBTS, BANKING INSTITUTIONS, CONTRACTS, SURPLUS, PRODUCTS, TRADING, OPTIONS, DATE OF MATURITY, CURRENCY HEDGING, MARKETING, MARKETS, WAREHOUSE RECEIPT, RETURN, INTERNATIONAL DEVELOPMENT, LAND OWNERSHIP, FUTURES CONTRACTS, PRODUCT, DIRECT INVESTMENT, PRICING POLICIES, RISK MANAGEMENT TOOL, FINANCE, MARKET PRICE, TRANSACTIONS, AUCTIONS, TRANSACTION, RURAL FINANCE, GOOD, REPAYMENT HISTORY, CREDIT SYSTEMS, INTERNATIONAL TRADE, VOLATILITY, COUNTRY RISK, FUTURES CONTRACT, LAND AS COLLATERAL, FUTURE, LETTERS OF CREDIT, VALUE, COMPETITIVENESS, FOREIGN DIRECT INVESTMENT, CURRENCY CRISIS, RETURNS, OVERDRAFT FACILITY, FREE MARKET, DEMAND, EXCHANGES, PRICE RISK, TRANSITION COUNTRIES, CONTRACT, FUTURES MARKET, REPAYMENT, PROPERTY, AMOUNT OF CREDIT, ISSUANCE, PRICE RISK MANAGEMENT, SALE, AVERAGE PRICE, SHARES, INSURANCE PREMIUM, TRANSACTION COSTS, DEFAULT, MARKET, CROP LOSSES, MARKET RISK, SUPPLY CHAIN, RISK OF DEFAULT, OVERDRAFT FACILITIES, SHAREHOLDERS, HOLDINGS, INSURANCE, CURRENCIES, GOODS, OPEN MARKET, MARKET SHARE, LEGAL SYSTEM, STOCKS, INVESTMENT, SHARE, COLLATERAL, DISCOUNTS, COMPETITIVE ADVANTAGE, INTERNATIONAL STANDARD, SUPPLY, PURCHASING, BID, PROFIT, RISK MANAGEMENT, SWAPS, TRANSITION ECONOMIES, FORM OF COLLATERAL, EXCHANGE RATE, SUPPLIERS, PROFITS, CAPITAL INVESTMENT, HEDGE, LAND HOLDINGS, CREDIT HISTORY, WORLD MARKET, REPAYMENT RISK, FUTURES MARKETS, PRICES, GUARANTEE, INTRINSIC VALUE, SPREAD, STORAGE,
Online Access:http://documents.worldbank.org/curated/en/2016/03/26037074/cotton-global-context-discussion-paper-governments-uzbekistan-tajikistan
https://hdl.handle.net/10986/24107
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