Today is 03/28/2024

Cofeed: China Cottonseed Oil Supply and Demand Estimates (Jul, 2020)

2020-07-06 www.cofeed.com
China Cottonseed Oil Supply and Demand Estimates (Oct-Sept)
 Item/Year 2017/18 2018/19 2019/20
(000 tonnes) Est. Est. Jun Proj. Jul Proj.
Beginning Stocks 139 146 129 129
Production 857 921 865 865
Imports 0 0 0 0
Total Supply 996 1067 994 994
         
Domestic Consumption 850 938 850 850
Exports 0 4 2 2
Total Use 850 942 852 852
Ending Stocks 146 129 142 142
Stocks-to-Use Ratio 17.18% 13.69% 16.67% 16.67%
Remarks: Cottonseed oil production is adjusted, as cotton planting acreage and production is also adjusted according to latest data of China's Bureau of Statistics and actual researches.