Cotton in the Global Context | Land Portal

Resource information

Date of publication: 
April 2016
Resource Language: 
ISBN / Resource ID: 
oai:openknowledge.worldbank.org:10986/24107
Copyright details: 
CC BY 3.0 IGO

Production in 2004 was actually running
higher than consumption prior to 1995 and this has caused the existence of a world surplus of
baled cotton in the form of stocks in warehouse. It is the existence of these “ending stocks” that
has a large effect on the international price of cotton. Consumption began to
outpace production in 2001 to 2003 period and this, mixed with crop disasters in various regions,
caused the international price to rise. The reaction from many countries was to increase
production in reaction to this. Cconsumption failed to match this increase
in production, causing a fall in prices and a renewal of the world’s ending stocks.

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World Bank

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The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development.

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The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development.

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