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Cofeed: China Cotton Supply and Demand Estimates (Jan, 2021)

2021-01-08 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.  Dec Proj.  Jan Proj.
Beginning Stocks 946 799 763 761 761
Planted Area 5352 5242 5152 5152 5160
Production 590 600 580 560 565
Imports 137 197 160 180 200
Total Supply 1673 1596 1503 1501 1526
           
Domestic Consumption 870 828 740 755 770
Exports 4 4.2 2 2 2
Total Consumption 874 832.2 742 757 772
           
Ending Stocks 799 763.8 761 744 754
Stocks-to-Use Ratio (%) 91.42% 91.78% 102.56% 98.28% 97.67%
Remarks: 1 mu=0.067 ha