Luxury Cotton for Fashion and Home Textiles

Global ELS Supply and Use

Estimate Supply and Use

Supply 03/04/14 12/24/13 08/26/13 03/04/13 09/18/12
Beginning Stocks 1,014,000 1,138,000 936,000 1,260,000 1,266,000
Production 1,822,000 2,295,000 1,795,000 2,288,000 2,186,000
Total Supply 2,836,000 3,433,000 2,731,000 3,548,000 3,452,000
Mill Consumption 1,827,000 1,822,000 1,822,000 1,859,000 1,941,000
Exports 1,294,000 1,528,000 1,248,000 1,334,000 1,335,000
Total Offtake 3,121,000 3,350,000 3,070,000 3,193,000 3,276,000
Imports 794,000 744,000 845,000 801,000 815,000
Stock Adjustments 0 0 0 -2,000 -2,000
Ending Stocks 509,000 827,000 506,000 1,155,000 989,000
Stocks/Use Ratio 16% 25% 16% 36% 30%

Summary (year to date)

Supply 12/13 11/12 10/11 09/10 08/09
Beginning Stocks 1,405,000 656,000 647,000 1,368,000 1,370,000
Production 2,121,000 2,938,000 2,222,000 1,896,000 2,048,000
Total Supply 3,526,000 3,594,000 2,869,000 3,264,000 3,418,000
Mill Consumption 1,854,000 1,790,000 1,822,000 2,139,000 1,646,000
Exports 1,432,000 1,230,000 1,134,000 1,349,000 653,000
Total Offtake 3,286,000 3,020,000 2,956,000 3,488,000 2,299,000
Imports 780,000 744,000 744,000 780,000 375,000
Stock Adjustments 0 92,000 -5,000 92,000 -124,000
Ending Stocks 1,014,000 1,405,000 656,000 647,000 1,368,000
Stocks/Use Ratio 31% 47% 22% 19% 60%

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