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Cotton consumption to rise on higher demand
21 Aug 2015

Cotton consumption in Bangladesh is set to increase 2.73 percent year-on-year to 5.65 million bales in fiscal 2015-16 on the back of higher demand from garment manufacturers, a US agency said in a report last week.

Import of cotton will also increase to 5.55 million bales (480 pounds make a bale) in the current fiscal year from 5.40 million bales a year earlier, according to the United States Department of Agriculture.

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