Weaker cotton prices will encourage global consumption, says ICAC

Global cotton consumption may rise 1 percent in the upcoming 2017/18 trade year and stay well ahead of the cotton harvest as the world whittles down a surplus of the fiber, says the International Cotton Advisory Committee. If so, the cotton stockpile would decline 1.3 million tonnes, or 7 percent, in the year ahead. In… » Read More

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