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- Global Cotton Consumption Forecast to Exceed 116 Million Bales
Global Cotton Consumption Forecast to Exceed 116 Million Bales
Global Cotton Consumption Forecast to Exceed 116 Million Bales
The latest global cotton outlook forecasts cotton consumption at approximately 116 million bales, supported by improving demand from China, Bangladesh, Vietnam, and Pakistan.
Meanwhile, global cotton inventories are expected to remain tight due to weather-related production concerns in several producing countries.
Higher cotton demand could support raw material prices and influence yarn and fabric costs across the global textile industry.