BIRKENHEAD, United Kingdom — February 21, 2012 — Cotton Outlook's initial supply and demand estimates for the 2013/14 season indicate an addition to world stocks of1,145,000 tonnes, compared to the rise of 3,536,000 predicted at the end of the current season.

The global production forecast shows a reduction of 1,904,000 tonnes compared to the corresponding figure for 2012/13. The biggest reductions are in the United States and China.

Global consumption is predicted to rise by 487,000 tonnes, to be placed at 23,154,000 tonnes.

Posted on February 26, 2013

Source: Cotlook Ltd.