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

2019-11-08 www.cofeed.com
China Cotton Supply and Demand Estimates (Sep, 2019)
  2017/18 2018/19 19/20
  Est. Sep Proj. Oct Proj. Novt Proj.
Beginning Stocks 886 739 739 688
Planted Area 4900 4630 4630 4630
Production 590 585 585 580
Imports 137 197 197 190
Total Supply 1613 1521 1521 1458
         
Domestic Consumption 870 828 828 810
Exports 4 4.2 4.2 5
Total Consumption 874 832.2 832.2 815
         
Ending Stocks 739 688.8 688.8 643
Stocks-to-Use Ratio (%) 84.55% 82.77% 82.77% 78.90%
Remarks: Crop Year from October to September (Unit: 0’000 tonnes0'000 mu (1 mu=0.067 ha))