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

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