Brazil: Cotton and Products Annual
Post forecasts cotton planted area for 2018/19 to increase to 1.2 million hectares, the highest level since 2012, based on higher prices and domestic demand. Production for 2018/19 is forecast at 9 million bales (1.95 million metric tons). Post forecasts cotton exports to increase to 4.6 million bales (1 million metric tons) for the Marketing Year (MY) 2018/19 as a result of higher exportable supplies. Brazil will continue to depend on exports and its improvements on quality will continue to attract overseas buyers. For MY 2018/19, post forecasts total consumption to increase to 3.45 million bales (751,000 MT) as a result of an expected economic recovery.
