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The total cotton supply for October 2022 to July 2023 is estimated at 332.30 lakh bales, which consists of arrivals of 296.80 lakh bales, imports of 11.50 lakh bales and the opening stock estimated by the CAI at 24 lakh bales at the beginning of the season.
Better Cotton has updated its Claims Framework and released version 3.1 in line with industry best practices and legislative requirements.
Bangladesh's cotton consumption may remain unchanged in the year from August 2022 to July 2023 owing to lower-than-expected imports, said the US Department of Agriculture (USDA) recently.