BIRKENHEAD, England — March 19, 2015 — Cotton Outlook’s world production number for 2014-15 has been lowered by 89,000 metric tons, primarily owing to reductions for India and Uzbekistan.
World raw cotton consumption has been raised by 51,000 metric tons for 2014-15 and 45,000 for 2015-16. This increase is attributable mainly to Vietnam.
Global stocks are expected to rise by 2,079,000 metric tons in the current season, and decline by 98,000 in 2015-16.
Posted March 23, 2015
Source: Cotton Outlook