MUMBAI(Commoditiescontrol)- Global cotton production forecasted to increase 2 percent to 23.1 million tons (1359 lakh bales of 170 kg each) on a planted area of 30.4 million hectares in 2017-18 while is expected to increase 8 percent in 2016-17. (Full Report)
Following balance sheet consists the world cotton balance sheet forecasts by the International Cotton Advisory Committee (ICAC) which is presented in Indian Lakh Bales of 170kg each:
1/ The inclusion of linters and waste, changes in weight during transit, differences in reporting periods and measurement error account for differences between world imports and exports.
2/ Difference between calculated stocks and actual; amounts for forward seasons are anticipated.
(By Commoditiescontrol Bureau; +91-22-40015534)