The volume of world merchandise trade should rise by 2.6 per cent this year and by 3.3 per cent in 2025 after falling by 1.2 per cent last year, WTO economists recently projected..
China s economy is projected to grow at 4.8 per cent this year and 4.5 per cent in 2025 following a 5.2-per cent expansion last year, ADB s latest Asian Development Outlook.
ICE cotton prices dipped yesterday, with most contracts dropping by up to 2 US cents amid weak demand, stronger dollar and falling crude oil prices.
USDA s export sales.
USDA has lowered global cotton ending stocks to 83.08 mn bales for 2023-24, noting a slight YoY increase.
Despite lower stocks in West Africa, Australia and Brazil, China s.
ICE Cotton futures fell to a new low, with the May 2024 contract settling at 85.31 cents per lb.
Market sentiment was dampened by US inflation data, a stronger dollar, and.