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World cotton production to decline 4pct, mill use to rise 1pct: ICAC

Posted on 05 February 2014

Global cotton production is expected to decreae 4% to 25.7 mn tons in 2013/14 compared to 2012/13 while mill use is likely to rise 1% to 23.6 mn tons according to International Cotton Advisory Committee (ICAC).
The 2013-14 production would be 8% off from peak production of 28 million tons in 2011/12. This is due principally to lower yields and less area planted with cotton. The world average yield in 2013/14 is forecast at 777 kilograms per hectare, down 2% from last season and world area is forecast at 33.1 million tons, also down 2% from last season………………………………………..Full Article: Source


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