19 January 2023
Market View: Global cotton shortage and how Brazilian producers are navigating challenges, Production and price forecast, Licensing on sustainable sourcing
With Chinese New Year just round the corner, many of us may still be shopping for something to wear over the festive season.
But did you know that the world is currently seeing a shortage of cotton used to make our clothes, after extreme weather conditions wreaked havoc upon virtually all of the world’s largest suppliers?
For instance, India saw heavy rains and pests last year dampening demand so much that it has to import cotton supplies. Brazil, which is the second largest cotton supplier in the world, also faced drought which led to a drop in output then.
But how are producers navigating those challenges and what’s next for cotton exporters? Where will prices of cotton move then?
On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to Marcelo Duarte, Director of International Relations at the Brazilian Association of Cotton Producers (ABRAPA) and CEO of the Asia Brazil Agro Alliance.

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Listen to his previous podcasts:

17 June 2022
Why It Matters: Creating a sustainable business model for the global cotton trade
The consumption and production of cotton in Asia is already very high and is increasing. The fashion economy in the region is expected to boom in the coming years.

Marcelo Duarte Monteiro, Director of International Relations, The Brazilian Cotton Growers Association (ABRAPA) & CEO of Asia-Brazil Agro Alliance (ABAA) talks to us about facilitating this growth in a sustainable manner.

Download the podcast.