US TEXTILE MILLS'
COTTON USE INCHES UP
KANSAS CITY - The National Cotton Council last week detailed its estimate that U.S. textile mills in June used cotton at a seasonally adjusted annual rate of 10.358 million bales, up 0.09 percent from May's revised 10.348 million.
U.S. mills consumed cotton at a seasonally adjusted daily rate in June at
38,128 running bales, up from 38,086 a month ago, according to U.S. Census Bureau figures.
Total fiber use in June was 31.337 million bales, down 0.91 percent from May.
Cotton's share of total fiber use, at 33.1 percent, was up slightly from 32.7 percent in May.
IVORIAN COFFEE SLUMP
EXPECTED TO BE COSTLY
ABIDJAN, Cote d' Ivoire - Commodities Minister Alain Gauze Friday confirmed that coffee production for the 1992-93 campaign will fall dramatically.
He gave no precise figures, but it is estimated the fall will cost the government about 18 billion CFA francs (African franc zone) in lost revenues.
The Caisse de Stabilisation, which controls coffee and cocoa exports, says production will total only 145,000 metric tons compared with 260,000 during the last campaign. Coffee and cocoa account for 55 percent and 67 percent of Cote d' Ivoire's revenues.
INDIA SUGAR OUTPUT
EXPECTED TO DECLINE
NEW DELHI, India - India's white sugar output is expected to decline in the current 1992-93 (October-September) season because of bad weather conditions in 1992 and growers' shift to others crops, the government said.
Kalpnath Rai, deputy food minister, told parliament that the white sugar output in Oct. 1-July 7 was 10.48 million metric tons, down from 13.27 million during the same period a season earlier.
Industry officials expect sugar output to decline to 11 million tons in the current 1992-93 season from last season's 13.4 million.