Cotton Outlook's world estimates of both production and consumption have been increased during the past month. The figures continue to point to a substantial increase in world stocks during the current (2012/13) season,and a smaller, but still significant, increase during 2013/14. The aggregate addition to stocks over both campaigns approaches five million tonnes.
Source:
http://www.textileworld.com/Articles/2013/April/Rise_In_World_Stocks_To_Continue_This_Season_And_Next.html
