Cotton| World ending cotton stocks are expected to decline 8% to 20.4 million

March 4, 2016 9:08 AM | Skymet Weather Team

World ending cotton stocks are expected to decline 8% to 20.4 million tonnes, which makes up for around 86% of global cotton use in 2015-16, stated the International Cotton Advisory Committee (ICAC). World cotton consumption is projected to decrease by 2% to 23.9 million tonnes. India’s consumption is expected to decline by 2% to 5.3 million tonnes.

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