Global cotton production is forecast at 25.9 million tonnes in 2026-27, exceeding consumption of 25.2 million tonnes, ICAC mentioned in its latest monthly report.
Trade may fall 2.7 per cent, while stocks rise 4 per cent to 17.9 million tonnes.
China will remain the top producer and consumer, with Bangladesh leading imports. Prices are seen at 73-84 cents per pound.