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ICAC Forecasts Lower Cotton Production, Higher Consumption for 2018-19 Season

While global cotton production is expected to outpace consumption (25.7 million tons versus 25.4 million tons) in the 2017-18 crop year, strong textile demand in emerging markets will benefit cotton in the long term, the International Cotton Advisory Committee said in a new forecast. “If developments continue as expected, the short-term outlook for cotton is…

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