Cotton consumption goes down by 1.9 mn bales
Source: Cotton Council International Date: 2008-03-13
Cotton USA releases US cotton supply & offtake.
Highlights:
• 2006-07 World mill use estimated at 123.2 million bales, down 340,000 bales from February.
• 2007-08 World production estimated at 118.9 million bales, down 320,000 bales from February.
• 2007-08 World mill use estimated at 124.5 million bales, down 1.9 million bales from February.
• 2007-08 China imports at 12.5 million bales, down 1.0 million bales from February.
• 2007-08 China production estimated at 35.0 million bales, down 500,000 bales from February.
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COTTON USA is the export promotions program of Cotton Council International (CCI), the overseas market promotion arm of the National Cotton Council of America.
COTTON USA promotes U.S. cotton fiber and manufactured cotton products in markets around the world.
From CCI's offices in Washington, DC; London, United Kingdom; Seoul, Korea; Shanghai, China; and Hong Kong - and in-country representatives throughout Asia, Latin America and Europe - COTTON USA reaches about 3 billion current and potential customers of U.S. cotton in more than 50 countries worldwide.
