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Cotton Advisory Board News

Mills likely to consume more cotton
At a meeting on Tuesday, the Cotton Advisory Board (CAB) said textile mills were likely to consume more cotton than estimated earlier this year. Mills’ consumption estimate for the current cotton year (October to September) has been revised marginally upwards from 21 million bales to 21.6 million bales (1 bale equals 170 kg). CAB said mills had reported a renewed demand for cotton. Analysts see