Tag: global cotton industry
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Global cotton market tightens as consumption outpaces production
Global consumption reaches 6-year high, widening production deficit Falling stocks, lower US production strengthen market balance The global cotton market is moving into a tighter phase in 2026-27, with consumption growth outpacing production and drawing down inventories. The August 2026 USDA outlook forecasts global cotton production at 117.6 million bales, up just 0.4 million bales…