Cotton: World Markets and Trade (July 2001)

In an effort to improve the competitiveness of the domestic textile industry in export markets, the government of China has taken action to reduce domestic cotton prices. After releasing an import quota of 230,000 bales in June, the government began to increase the quantities of reserve-stock cotton offered for sale on the China National Cotton Exchange. To further stimulate the sale of surplus stocks, in July the government reduced the minimum bid price on the exchange. While recent auction levels are not nearly as high as last year, these actions could indicate a government preference for selling surplus stock as opposed to allowing additional imports. Accordingly, the USDA reduced China's 2001/02 import forecast by 250,000 bales this month to 1 million bales. With a 11 percent increase in production, China's 2001/02 ending stocks are forecast to increase to 11 million bales.

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TABLE OF CONTENTS

U.S. Cotton Outlook

World Cotton Outlook

Cotton Prices

U.S. Cotton Highlights

Most statistical tables contained in this circular may be viewed in Adobe Acrobat format ® (.pdf) or downloaded as Lotus 1-2-3 ® spreadsheets (.wk3).

Tables

Table 1: World Cotton Supply, Use and Trade, 1995/96-2001/2002 (1,000 metric tons) {.pdf, .wk3}
Table 2: World Cotton Supply, Use and Trade, 1995/96-2001/2002 (1,000 480-lb. bales) {.pdf, .wk3}
Table 3: FY 99 GSM-102 and Supplier Credit Programs {.pdf}
Table 4: Area, Yield, and Production by Country 2000/2001-2001/2002 {.pdf, .wk3}
Table 5: Cotton Supply & Distribution by Country 2001/2002 (1,000 480-lb. bales) {.pdf, .wk3}
Table 5-A: Cotton Supply & Distribution by Country 2001/2002 (1,000 metric tons) {.pdf, .wk3}
Table 6: Cotton Supply & Distribution by Country 2000/2001 (1,000 480-lb. bales) {.pdf, .wk3}
Table 6-A: Cotton Supply & Distribution by Country, 2000/2001 (1,000 metric tons) {.wk3}
Table 7-A1: U.S. Cotton Exports by Country of Destination (1,000 480-lb. bales) {.pdf}
Table 7-A2: U.S. Cotton Exports by Country of Destination (1,000 U.S. dollars) {.pdf}
Table 7-B: U.S. Cotton Imports by Country of Origin (1,000 480-lb. bales) {.pdf, .wk3}
Table 8: Export Sales Summary {.pdf}
Table 9: Northern European Cotton and Adjusted World Price {.pdf}
Table 10: World Cotton Production, Yield, Supply, and Utilization {.pdf, .wk3}
Table 11: United States Cotton Production, Yield, Supply, and Utilization {.pdf, .wk3}
Table 12: Foreign Cotton Production, Yield, Supply, and Utilization {.pdf, .wk3}
Table 13: New Independent States Cotton Supply and Demand, MY 1991/92-2001/2002 {.pdf, .wk3}

Most statistical tables are available in Adobe Acrobat and Lotus version 3 format. You may need to GET the Acrobat reader.

Download the trade tables in Lotus 123 version 3 format. Please note that some versions of Netscape Navigator will change the filename extension; if this happens, you MUST rename the file to .wk3 to access it.

Last modified: Sunday, March 17, 2013