Browse Data and Analysis

FAS Mumbai (Post) forecasts marketing year (MY) 2021/2022 cotton production at 28 million 480 lb. bales on an area of 12.4 million hectares.

With the China Cotton Index (CC Index 3128B) price surging 58 percent from its August 2020 level to RMB 20,150 (or, approximately U.S. $3,100) per metric ton (MT) on October 8, 2021, the Chinese government (PRC) is taking steps to rein in prices.

Irrigation water limitations in the Guadalquivir basin have resulted in lower area planted to cotton for MY2021/22.

The previously forecast reduction in Mexican cotton production was not as severe as anticipated, due to a lower than expected reduction of planting in the state of Chihuahua.

MY2019/20 cotton imports are expected to decrease in line with decreased yarn production.

The Turkish cotton crop for MY 2019/20 is now estimated at 590,000 hectares and 800,000 MT (3.6 million bales).

China’s marketing year (MY) 2019/20 cotton consumption is lowered to 8.6 million tons, based on stagnant textile and apparel exports, low manufacturer confidence due to trade uncertainties....

Cotton imports for 2018/19 are lowered to 3.05 million bales due to competition from imported yarn and fabrics, a weak rupiah, and lower demand from export markets for garments.

Post estimates marketing year (MY) 2019/20 cotton production at 29.7 million 480 lb. bales (37.6 million 170-kilogram bales/6.3 MMT) with a planting area of 13 million hectares.

In MY2019/20, Spanish cotton planted area remained at similar levels compared to MY2018/19.