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8% rise likely in global cotton output in 2016-17
Cotton Outlook continues to forecast raw cotton production in 2016/17 at 22,748,000 tonnes, representing an increase of eight percent on the previous period. Cotton area is expected to increase modestly and a repeat of the current season’s reduction to yields is not foreseen. Global consumption is also unchanged, at 23,317,000, just 1.4 percent higher than in 2015/16.
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