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Cofeed: China Cotton Supply and Demand Estimates (Jan, 2020)

2020-01-13 www.cofeed.com
China Cotton Supply and Demand Estimates (Jan, 2020)
  2017/18 2018/19 19/20
  Est. Est. Dec Proj. Jan Proj.
Beginning Stocks 946 799 763 763
Planted Area 5352 5242 5152 5152
Production 590 600 560 560
Imports 137 197 180 180
Total Supply 1673 1596 1503 1503
         
Domestic Consumption 870 828 810 810
Exports 4 4.2 4 4
Total Consumption 874 832.2 814 814
         
Ending Stocks 799 763.8 689 689
Stocks-to-Use Ratio (%) 91.42% 91.78% 84.64% 84.64%
Remarks: Crop Year from October to September (Unit: 0’000 tonnes0'000 mu (1 mu=0.067 ha))