Cotton USA releases US cotton supply & offtake.
Highlights:
• 2007-08 World mill use estimated at 124.4 million bales, down 510,000 bales from April.
• 2007-08 World production estimated at 120.5 million bales, up 740,000 bales from April.
• 2007-08 U.S. mill use estimated at 4.6 million bales, down 100,000 bales from April.
• 2008-09 U.S. production at 14.5 million bales, U.S. mill use at 4.3 million bales.
• 2008-09 China imports estimated at 15.0 million bales, China mill use at 55.5 million bales.
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COTTON USA is the export promotions program of Cotton Council International (CCI), the overseas market promotion arm of the National Cotton Council of America.
COTTON USA promotes U.S. cotton fiber and manufactured cotton products in markets around the world.
From CCI's offices in Washington, DC; London, United Kingdom; Seoul, Korea; Shanghai, China; and Hong Kong - and in-country representatives throughout Asia, Latin America and Europe - COTTON USA reaches about 3 billion current and potential customers of U.S. cotton in more than 50 countries worldwide.
Cotton Council International
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