Global Cotton Inventories Decreased By 653 Thousand Tons In 2015/16

according to

The Ministry of agriculture's global production and demand forecast for August, 2015/16

Supply, total consumption and final inventory were sharply reduced.

The output of US cotton has been reduced by 10% to 2 million 852 thousand tons, due to the reduction of the actual broadcasting area, the increase in the rate of abandoned cultivation and the decrease in yield per unit area.

Due to higher than expected exports in 2014/15, the US initial inventory was reduced by 109 thousand tons in 2015/16, while domestic consumption in the US was slightly trimming.

The volume is reduced by 174 thousand tons, and the US cotton end inventory is 675 thousand tons, and the inventory consumption ratio is 23%.

The price range of the US farm is adjusted to 58-72 cents, the middle price is 65 cents, and the increase is 3 cents.

Globally, global cotton inventories decreased by 653 thousand tons in 2015/16, mainly due to the decline in cotton production in main producing countries.

In addition to the United States, China's cotton production has been cut by 218 thousand tons.

Cotton production has been cut by 109 thousand tons, and Uzbekistan has also been reduced.

Cotton production in Brazil, Australia and Pakistan has increased.

Global cotton consumption and

The volume of consumption, historical data and current forecasts in some countries, including Bangladesh, have been revised.

The end of the world inventory is 22 million 905 thousand tons.