The increased anticipated production in the United States is primarily responsible for the 1.1 million bale increase in the worldwide cotton production prediction for 2024–2025 to 120.2 million bales. Global consumption is anticipated to rise by 250,000 bales, with increases in Malaysia and India balancing declines in other regions.
These adjustments cause the global ending stocks for 2024–2025 to drop by 860,000 bales starting in June, totaling 82.6 million bales. Higher consumption and lower beginning stocks result in a 1.7 million bale drop in ending stocks, according to the modifications made to the world balance sheet for 2023–2024.
Increased acreage and output are predicted to drive higher ending stocks in the U.S. cotton sector for the 2024–2025 season, despite a minor price fall. With rising production and consumption but declining beginning and ending stocks, the cotton market is witnessing a mixed picture on a global scale. The cotton market is expected to remain dynamic, underscoring the necessity of strategic planning to adapt to shifting circumstances.
