Cotton: World Markets and Trade (December 2003) December
Cotton: World Markets and Trade (December 2003)
December 2003 Edition: Following Chinese Adjustment, World Stocks-to-Use Ratio Returns to Historic Level. USDA projects that by the end of MY 2003, world cotton stocks-to-use ratios will be at their lowest levels since 1993. ... imports cut into demand for domestic cotton. Chinese stocks ballooned from just over 20 percent of their ... The draw-down in Chinese stocks shifted stocks to other countries and ...
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