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

2019-12-06 www.cofeed.com
China Cotton Supply and Demand Estimates (Dec, 2019)
  2017/18 2018/19 19/20
  Est. Est. Nov Proj. Dec Proj.
Beginning Stocks 890 698 667 667
Planted Area 4800 4950 4750 4750
Production 545 604 595 560
Imports 137 197 190 180
Total Supply 1572 1499 1452 1407
         
Domestic Consumption 870 828 810 810
Exports 4 4.2 5 4
Total Consumption 874 832.2 815 814
         
Ending Stocks 698 666.8 637 614.8
Stocks-to-Use Ratio (%) 79.86% 80.12% 78.16% 75.53%
Remarks: Crop Year from October to September (Unit: 0’000 tonnes0'000 mu (1 mu=0.067 ha))