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FAS Post estimates India’s marketing year (MY) 2019/20 cotton production at 29.3 million 480 lb. bales (37.5 million 170-kilogram bales/6.4 MMT) with a planting area of 12.5 million hectares.
Post estimates Vietnam’s cotton imports in marketing year (MY) 2018/2019 down to 1.55 million metric tons (MMT), due to the difficulties facing Vietnam’s spinning sector....
Cotton production for MY2019/20 is forecast at 262,000 bales (57,000 metric tons), 8 percent higher than the previous year.
The Indian Meteorological Department (IMD) published its second long-range forecast predicting a normal Southwest Monsoon (June to September) for 2019.
FAS Post estimates India’s marketing year (MY) 2019/20 cotton production at 29.3 million 480 lb. bales (37.5 million 170-kilogram bales/6.4 MMT) from 12.45 million hectares of planted area.
Post estimates that cotton planted area in Vietnam continues to shrink to an insignificant amount and pushing the country a step closer to importing 100 percent of cotton....
MY 2017/18 raw cotton production is projected at 130,000 bales on favorable weather and expansion of American Upland cotton planted area; imports are projected to rise by 6.2 million bales....
Post forecasts cotton planted area for 2017/18 to increase to one million hectares based on higher prices and domestic demand.
Higher cotton prices in MY16/17 and continued government’s subsidies are expected to encourage cotton farmers to moderately expand cotton acreage in MY17/18.
Spanish area planted to cotton for MY 2017/18 will show marginal growth compared to 2016/17 levels.
Pakistan’s marketing year 2017/18 cotton production is forecast at 8.5 million 480 lb bales, up 10 percent from a year ago due to an expected increase in area.
Indonesian importers report that anticipated increases in fossil fuel prices will drive down synthetic fiber demand, pushing up Indonesia’s expected cotton imports in MY 2016/17.