China: Cotton and Products Annual
Link to report:
China’s marketing year (MY) 20/21 cotton production is forecast at 5.95 million metric tons (MMT) compared to an estimated 5.9 MMT in MY19/20, based on a slight acreage decline and a return to average yield from the below average yield in MY19/20. Cotton consumption is forecast at 8.5 MMT in MY20/21 compared to an estimated 8 MMT the previous marketing year, due to a projected recovery from the U.S.-China trade friction in 2019 and the COVID-19 pandemic in 2020. Likewise, MY20/21 imports are forecast up to 2.3 MMT from an estimated 1.8 MMT in MY19/20, following signing of the U.S.-China Economic and Trade Agreement and the coronavirus outbreak and recovery.
China: Cotton and Products Annual
