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Cofeed: China Cotton Supply and Demand Estimates (Feb, 2021)

2021-02-05 www.mnk-9.com
China Cotton Supply and Demand Estimates (Oct-Sep)
Item/Year 2017/18 2018/19 2019/20 2020/21
(0,000 tonnes; 0,000 mu) Est. Est. Est.  Jan Proj.  Feb Proj.
Beginning Stocks 946 799 763 774 774
Planted Area 5352 5242 5152 5160 5160
Production 590 600 580 565 565
Imports 137 197 173 200 200
Total Supply 1673 1596 1516 1539 1539
           
Domestic Consumption 870 828 740 770 800
Exports 4 4.2 2 2 2
Total Consumption 874 832.2 742 772 802
           
Ending Stocks 799 763.8 774 767 737
Stocks-to-Use Ratio (%) 91.42% 91.78% 104.31% 99.35% 91.90%
Remarks: 1 mu=0.067 ha