Global:Cotton consumption estimated at 127.2 million bales

Cotton USA releases US cotton supply & offtake.
Highlights:
• 2008-09 World mill use estimated at 127.2 million bales, up 160,000 bales from May.
• 2008-09 World production estimated at 116.4 million bales, down 1.6 million bales from May.
• 2008-09 U.S. exports estimated at 15.0 million bales, up 500,000 bales from May.
• 2008-09 U.S. production at 14.5 million bales, down 4.7 million bales from the 2007-08 crop.
• 2008-09 China mill use estimated at 55.0 million bales, down 500,000 bales from May.
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.