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Global cotton situation

Wednesday, 10 November 2010


The supply of cotton and its price are now global phenomenon. Bangladesh textile industry  is mainly dependent on cotton imports from abroad. The global cotton market is expected to climb up for a considerable period of time. It has been proved beyond doubt that the source of cotton -- and not its price -- is the main problem for Bangladesh textile industry. The government should take immediate steps to address the issue.
The charts and graphs here demonstrate various phases of the situation in the global cotton market, its consumption, Bangladesh's sourcing of cotton and its imports etc. These were parts of the article written by Quamrul Islam and Saquib Hassan and published in FE's Monday issue which were inadvertently left off. Here below are the charts and graphs relating to global cotton situation: