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

2020-05-06 www.cofeed.com
China Cotton Supply and Demand Estimates (Oct-Sep)
Item/Year 2017/18 2018/19 2019/20
(0,000 tonnes; 0,000 mu) Est. Est. Apr Proj. May Proj.
Beginning Stocks 946 799 763 763
Planted Area 5352 5242 5152 5152
Production 590 600 560 560
Imports 137 197 190 200
Total Supply 1673 1596 1513 1523
         
Domestic Consumption 870 828 790 780
Exports 4 4.2 3 2
Total Consumption 874 832.2 793 782
         
Ending Stocks 799 763.8 720 741
Stocks-to-Use Ratio (%) 91.42% 91.78% 90.79% 94.76%
Remarks: 1 mu=0.067 ha