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China's Agriculture Ministry: China Cotton Supply and Demand Estimates (May, 2020)

2020-05-12 www.cofeed.com
China Cotton Supply and Demand Estimates
Crop year: Sept-Aug 2018/19 2019/20
(Apr Est )
2019/20
(May Est)
2020/21
(May Proj)
0,000 tonnes
Beginning Stocks 743 721 721 773
000 hectares
Area Planted 3367 3300 3300 3211
Area Harvested 3367 3300 3300 3211
kg/hectare
Yield 1794 1758 1758 1770
0,000 tonnes
Production 604 580 580 568
Imports 203 170 200 200
Consumption 824 723 723 780
Exports 5 5 5 5
Ending Stocks Change 721 743 773 757
CNY/tonne
Domestic Prices for 3128B 15193 12000-14000 12000-14000 12000-14000
cents/pound
Cotlook A Index 82.38 65-75 65-75 60-75