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FAS Mumbai (Post) forecasts marketing year (MY) 2021/2022 cotton production at 27.4 million 480 lb. bales on an area of 12.1 million hectares. Farmers continue to limit market arrivals due to rising seed cotton prices, increasing input costs for textile value chains.
Uzbekistan cotton planting area and production for MY 2018/19 is now estimated at 1.17 million hectares and 3.35 million bales (480 pound bales) which is 730,000 MT.
Colombia remains open to the adoption of biotech-derived commodities and innovative technologies.
There are no significant developments to convey since the previous report from January 2018.
Driven by domestic economic growth, competitive cotton prices and continued strong textile export demand, 2018/19 cotton imports are forecast to reach 3.55 million bales.
MY2018/19 Spanish cotton planted area grew by 2 percent compared to MY2017/18.