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Global Cotton Reserves Projected to Drop to Lowest Level in Seven Years

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These are topsy-turvy times for the global cotton industry. A new report from the International Cotton Advisory Council (ICAC) projects the 2018-19 cotton crop season to see a 3 percent decrease in production, a 3 percent increase in consumption and a 10 percent decline in global stocks. This would bring the world’s cotton reserves down…

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