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

2020-09-09 www.cofeed.com

China Cotton Supply and Demand Estimates (Oct-Sep)
Item/Year	2017/18	2018/19	2019/20		20/21
(0,000 tonnes; 0,000 mu)	Est.	Est.	Aug Proj.	Sep Proj.	Sep Proj.
Beginning Stocks	946	799	763	763	781
Planted Area	5352	5242	5152	5152	4430
Production	590	600	580	580	560
Imports	137	197	200	180	210
Total Supply	1673	1596	1543	1523	1551

Domestic Consumption	870	828	760	740	740
Exports	4	4.2	2	2	2
Total Consumption	874	832.2	762	742	742

Ending Stocks	799	763.8	781	781	809
Stocks-to-Use Ratio (%)	91.42%	91.78%	102.49%	105.26%	1.0903
Remarks: 1 mu=0.067 ha

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