Cotton USA releases US cotton supply & offtake.
Highlights:
• 2006-07 World production estimated at 122.1 million bales, up 130,000 bales from November.
• 2006-07 World mill use at 123.4 million bales, up 90,000 bales from November.
• 2007-08 World production estimated at 118.8 million bales, down 600,000 bales from November.
• 2007-08 China imports at 14.5 million bales, unchanged from November.
• 2007-08 U.S. production estimated at 19.0 million bales, up 130,000 bales from November.
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.
