The global stock decline is largely attributable to the projected reduction in the United States, as nearly offsetting changes are expected elsewhere. U.S. stocks are forecast to fall 3.8 million bales to 6.2 million, the lowest in three years.
A special article, “Fiber Use for Textiles and China's Cotton Textile Exports,” reviews the methodology USDA uses to estimate the cotton mill-use equivalence of U.S. and Chinese textile trade. A new, lower estimate of China's net textile trade in cotton raw-fiber equivalents results from revised estimates of fiber waste during spinning and the role of recycling in the production of textiles.
United States Department of Agriculture
20240830145952.gif)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
