According to the U.S. Department of agriculture in December global production and demand forecast, compared with last month, 2016/17 U.S. cotton production increased, domestic cotton exports decreased, and the final inventory increase. U.S. cotton production increased 362 thousand to 16 million 500 thousand pack, the reason is Texas yield increase offset by a reduction in the yield of South carolina. The United States to reduce the amount of cotton exports increase 200 thousand bags, 200 thousand bags, 4 million 800 thousand bags for ending stocks, stock consumption ratio of 31%. Farm prices in the United States are 64-70 cents.
| Sulfamic acid |
From a global perspective, 2016/17 annual global production and ending stocks increased, Australia, the United States and other countries to increase production and consumption in India, the United States and South Korea to Vietnam, Chinese and consumption increase. Global import volume increased slightly, the world’s ending inventory increased by 842 thousand to 89 million 100 thousand packs.
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