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Thailand: Cotton and Products Annual

MY2016/17 and MY2017/18 cotton imports are forecasted to increase to 1.3 – 1.4 million bales in line

with a recovery in the spinning industry. In MY2016/17, spinning mills are expected to run down large

inventories of cotton yarn accumulated during the economic downturn over the past couple of years due

to a surge in domestic demand for black clothes during the mourning period for the passing of King

Bhumibol Adulyadej. Spinners will also likely increase their cotton yarn production capacity utilization

in MY2017/18. While large-scale spinning mills still maintain their competitive edge in domestic and

export markets, small and medium-scale spinning mills struggle with competition from imported cotton

yarn and fabric, particularly from India, China, and Vietnam. more here