Cotton Demand Outlook Is 'Very Optimistic' on China, India, Olam Predicts

The outlook for demand for cotton, the best-performing commodity in the past year, is "very optimistic" as economic growth in China and India boosts incomes, driving consumption, Olam International Ltd. (OLAM) said. "Consumption is closely entwined to economic prosperity," said Jagdish Parihar, managing director, cotton division at Olam, a Singapore-based trader of farm commodities. "

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