April 27 (Reuters) - Cotton Outlook (Cotlook) in its April forecast reduced its projections
for both global consumption and production of cotton in the 2018-19 crop year.
The following are details of the firm's latest forecast:
Figures in tonnes for
March/April season
2017-18 2018-19
March April Change March April Change
Major Producers
India 6,205,000 6,120,000 -85,000 6,460,000 6,460,000
China 5,740,000 5,770,000 +30,000 5,370,000 5,370,000
United States 4,579,000 4,579,000 4,505,000 4,321,000 -184,000
Pakistan 1,790,000 1,790,000 1,950,000 1,950,000
Brazil 1,850,000 1,875,000 +25,000 1,900,000 1,950,000 +50,000
African Franc Zone 1,109,000 1,109,000 1,142,000 1,142,000
Uzbekistan 780,000 840,000 +60,000 750,000 820,000 +70,000
Turkey 900,000 900,000 925,000 925,000
Australia 1,000,000 1,000,000 850,000 850,000
Others 2,277,000 2,273,000 -4,000 2,454,000 2,449,000 -5,000
World Production 26,230,000 26,256,000 +26,000 26,306,000 26,237,000 -69,000
Major Consumers
Indian subcontinent 9,386,000 9,386,000 9,571,000 9,571,000
China 8,700,000 8,700,000 8,900,000 8,900,000
Turkey 1,550,000 1,550,000 1,600,000 1,600,000
Vietnam 1,450,000 1,450,000 1,525,000 1,525,000
United States 729,000 729,000 743,000 743,000
Brazil 725,000 725,000 775,000 775,000
Indonesia 750,000 750,000 790,000 790,000
Others 2,924,000 2,839,000 -85,000 2,975,000 2,872,000 -103,000
World Consumption 26,214,000 26,129,000 -85,000 26,879,000 26,776,000 -103,000
Net Change in Stock +16,000 +127,000 -573,000 -539,000
(Reporting by Chris Prentice in New York)