Cotlook’s Estimates Continue To Indicate A Marginal Reduction In World Stocks For 2015-16

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.

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Posted March 23, 2015

Source: Cotton Outlook