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

2021-03-08 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.	Feb Proj.	Mar Proj.
Beginning Stocks	946	799	763	774	774
Planted Area	5352	5242	5152	5160	5160
Production	590	600	580	565	565
Imports	137	197	173	200	200
Total Supply	1673	1596	1516	1539	1539

Domestic Consumption	870	828	740	800	800
Exports	4	4.2	2	2	2
Total Consumption	874	832.2	742	802	802

Ending Stocks	799	763.8	774	737	737
Stocks-to-Use Ratio (%)	91.42%	91.78%	104.31%	91.90%	91.90%
Remarks: 1 mu=0.067 ha

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