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Cotton

Taiwan cotton imports are forecast at 240 thousand metric tons in 2006/07, and estimated at 250 thousand tons in 2005/06. U.S. market share exceeded 50% in 2004/05 and will do so again if early marketing trends continue. Taiwan cotton consumption, and the number of cotton spindles, seems to be declining more slowly than the overall textile industry. While our forecast is for a continued slow decline in Taiwan cotton consumption, some observers feel the decline has ended.

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