Bloomberg the Company

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

World Cotton-Consumption Forecast Lowered, Group Says

Don't Miss Out —
Follow us on:

April 2 (Bloomberg) -- Global cotton consumption will be lower than forecast last month, the International Cotton Advisory Committee said.

Demand will drop to 23.96 million metric tons in the 12 months starting Aug. 1, down from last month’s forecast of 24.28 million, the Washington-based group said in an e-mailed statement. Global use was projected at 23.138 million tons in the year ending July 31.

Production will be 25.47 million tons in the 12 months starting Aug. 1, down from 25.73 million estimated last month, the group said. Output will be an estimated 26.964 million in the 12 months ending July 31.

Inventories as of July 31, 2013, will be 14.63 million tons, compared with a March forecast of 14.54 million and the previous year’s 13.128 million, according to the data.

To contact the reporter on this story: Marvin G. Perez in New York at

To contact the editor responsible for this story: Steve Stroth at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.