Indonesia Cotton Demand to Rise 2.4% Next Year, USDA Unit Says

By Elizabeth Campbell

April 12 (Bloomberg) -- Indonesia’s cotton use will rise 2.4 percent in the year starting in June as textile makers boost purchases to keep pace with increased demand during an economic recovery, a U.S. Department of Agriculture unit said.

Domestic use will rise to 2.15 million bales from an estimated 2.1 million in the current period, the USDA’s Foreign Agricultural Service said in a report posted today on its Web site. Cotton consumption fell an estimated 2.3 percent in the year that began in June because of higher prices of the fiber and lower yarn prices, the USDA said.

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