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- W2605155058 abstract "With world consumption of raw cotton forecast to outweigh cotton production, and stocks to fall, the world cotton price (Cotlook 'A' index) is forecast to increase by 12 per cent in 2005-06 to average around US57c/lb. Significantly lower world raw cotton prices in the leadup to the planting of the 2005 northern hemisphere cotton crop is expected to result in a lower planted area in China, India and Pakistan. Assuming that yields return to levels that are more consistent with the five year average in these countries, world raw cotton production is forecast to fall in 2005-06. Import demand in China will be a dominant factor affecting world raw cotton prices in 2005-06. With raw cotton consumption in China expected to grow, lower forecast production is expected to result in a substantial increase in imports. Over the medium term, world cotton prices are expected to decline in 2004-05 dollar terms as productivity improvements in raw cotton production result in increases in supply outweighing growth in consumption." @default.
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- W2605155058 date "2005-01-01" @default.
- W2605155058 modified "2023-09-23" @default.
- W2605155058 title "Cotton Outlook to 2009-10: China's Raw Cotton Imports to Rise Strongly in 2005-06" @default.
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