Rise In World Stocks To Continue This Season And Next

BIRKENHEAD, United Kingdom — April 19, 2013 — Cotton Outlook’s world estimates of both production
and consumption have been increased during the past month. The figures continue to point to a
substantial increase in world stocks during the current (2012/13) season,and a smaller, but still
significant, increase during 2013/14. The aggregate addition to stocks over both campaigns
approaches five million tonnes.

Posted on April 23, 2013

Source: Cotlook Ltd.