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Published on Friday, 02 November 2012

‘Bleak’ outlook for cotton supply and use

Written by John Mowbray

cottonpilesWASHINGTON – Sluggish global economic growth is hitting cotton production and mill use and contributing to a “bleak” outlook for cotton supply and use for 2012/13 according to the International Cotton Advisory Committee (ICAC). Global cotton production and mill use are forecast at 25.9 million tons and 23.4 million tons respectively – an oversupply of 2.4 million tons.


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