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

2020-11-10 www.cofeed.com

China Cotton Supply and Demand Estimates (Oct-Sep)
Item/Year	2017/18	2018/19	2019/20	2020/21
(0,000 tonnes; 0,000 mu)	Est.	Est.	Est.	Oct Proj.	Nov Proj.
Beginning Stocks	946	799	763	761	761
Planted Area	5352	5242	5152	5152	5152
Production	590	600	580	560	560
Imports	137	197	160	180	180
Total Supply	1673	1596	1503	1501	1501

Domestic Consumption	870	828	740	750	755
Exports	4	4.2	2	2	2
Total Consumption	874	832.2	742	752	757

Ending Stocks	799	763.8	761	749	744
Stocks-to-Use Ratio (%)	91.42%	91.78%	102.56%	99.60%	98.28%
Remarks: 1 mu=0.067 ha

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