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Cofeed: China Cotton Supply and Demand Estimates (July, 2019)

2019-08-02 www.cofeed.com
China Cotton Supply and Demand Estimates (July, 2019)
  2014/15 2015/16 2016/17 2017/18 2018/19
  Est. Est. Est. Est. June Proj. July Proj.
Beginning Stocks 1219 1200 1036 886 739 739
Planted Area 5662 4797.48 4792.1 4900 4753 4753
Production 590 520 565 590 580 580
Imports 160 97 114 137 200 200
Total Supply 1969 1817 1715 1613 1519 1519
             
Domestic Consumption 768 780 828 870 830 830
Exports 1 1 1 4 2 2
Total Consumption 769 781 829 874 832 832
             
Ending Stocks 1200 1036 886 739 687 687
Stocks-to-Use Ratio (%) 156.05% 132.65% 106.88% 84.55% 82.57% 82.57%
Remarks: Crop Year from October to September (Unit: 0’000 tonnes)