Luxury Cotton for Fashion and Home Textiles

Global ELS Supply and Use

Estimate Supply and Use

Supply 06/28/16 05/04/16 03/02/16 12/29/15 06/29/15
Beginning Stocks 959,000 1,221,000 1,216,000 1,216,000 950,000
Production 2,153,000 1,983,000 2,075,000 2,088,000 1,845,000
Total Supply 3,112,000 3,204,000 3,291,000 3,305,000 2,795,000
Mill Consumption 1,607,000 1,625,000 1,634,000 1,634,000 1,675,000
Exports 1,005,000 950,000 868,000 886,000 964,000
Total Offtake 2,612,000 2,575,000 2,502,000 2,520,000 2,639,000
Imports 459,000 633,000 633,000 633,000 578,000
Stock Adjustments 0 0 0 0 0
Ending Stocks 877,000 1,372.000 1,423,000 1,423,000 735,000
Stocks/Use Ratio 34% 53% 57% 56% 28%

Summary (year to date)

Supply 14/15 13/14 12/13 11/12 10/11
Beginning Stocks 968,000 1,001,000 1,340,000 592,000 633,000
Production 1,983,000 1,831,000 2,125,000 2,933,000 2,222,000
Total Supply 2,951,000 2,832,000 3,465,000 3,525,000 2,855,000
Mill Consumption 1,616,000 1,625,000 1,942,000 1,868,000 1,822,000
Exports 872,000 1,024,000 1,281,000 1,120,000 1,180,000
Total Offtake 2,488,000 2,648,000 3,222,000 2,988,000 3,002,000
Imports 500,000 799,000 762,000 748,000 744,000
Stock Adjustments 0 -5,000 0 41,000 -5,000
Ending Stocks 959,000 968,000 1,001,000 1,340,000 592,000
Stocks/Use Ratio 39% 37% 31% 45% 20%

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