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Post forecasts India’s MY 2021/22 cotton production will increase by four percent to 29.5 million 480 lb. bales on a reduced area of 12.9 million hectares.
Post forecasts domestic consumption of cotton by the Malaysian textile industry at 350,000 bales in marketing year (MY) 2021/22 on presumed economic growth in Malaysia and strong consumer demand for textiles in the United States and the European Union.
A look at how U.S. agricultural exports performed in 2020.
Post estimates cotton production at 28.9 million 480-lb bales in marketing year (MY) 2020/21 on an area of 12.9 million hectares.
Updated data from the Mexican State Committees of Plant Health and producer associations shows a higher than expected reduction in cotton planted area for marketing year (MY) 2020/21.