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

2019-08-08 www.cofeed.com
China Cotton Supply and Demand Estimates (Aug, 2019)
  2014/15 2015/16 2016/17 2017/18 2018/19 19/20年度
  Est. Est. Est. Est. July Proj. Aug Proj. Aug Proj.
Beginning Stocks 1219 1200 1036 886 739 739 739
Planted Area 5662 4797.48 4792.1 4900 4753 4630 4630
Production 590 520 565 590 585 580 580
Imports 160 97 114 137 200 195 195
Total Supply 1969 1817 1715 1613 1524 1514 1514
               
Domestic Consumption 768 780 828 870 830 828 828
Exports 1 1 1 4 2 2 2
Total Consumption 769 781 829 874 832 830 830
               
Ending Stocks 1200 1036 886 739 692 684 684
Stocks-to-Use Ratio (%) 156.05% 132.65% 106.88% 84.55% 83.17% 82.41% 82.41%
Remarks: Crop Year from October to September (Unit: 0’000 tonnes0'000 mu (1 mu=0.067 ha))