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Despite the economic slowdown caused by the COVID-19 pandemic, Post Dhaka has increased its cotton import forecast for marketing year (MY) 2021/22 to 7.6 million bales as a result of higher demand for locally spun yarn.
On April 16, the Indian Meteorological Department (IMD) forecasted a normal 2021 Southwest Monsoon, suggesting that June to September rainfall will likely be 98 percent of the Long Period Average (LPA) of 88 cm.
Turkish cotton planting area and production for Marketing Year (MY) 2021/22 is projected to be about 450,000 hectares and 740,000 metric tons (MT) (3.4 million bales).
Marketing year (MY) 2021/22 (August to July) area for Mali, Burkina Faso, and Senegal is expected to rebound 77 percent to 1
China’s marketing year (MY) 21/22 cotton imports are projected to increase slightly to 2
Post forecasts market year (MY) 2021/22 cotton fiber production will reach record levels for a fourth consecutive year, at 1
Pakistan’s cotton production for Marketing Year (MY) 2021/22 is forecast at 5.3 million 480 pound (lb) bales, up 18 percent from the revised 2020/21 estimate...
In MY 2020/21, cotton production is estimated at 1.4 million 480 lb. bales, down 16.4 percent from the previous season due to a decrease in area planted, unfavorable weather conditions during harvest, and average yields.
Following a 20 percent decline in 2020/21, cotton imports are forecast higher in 2021/22 on stronger global and domestic demand for textile and textile products.
In market year (MY) 2021/22, cotton area harvested is forecast to increase seven percent to 70,000 hectares (ha), from 65,000 ha in MY 2020/21.
Post forecasts India’s MY 2021/22 cotton production will increase by three percent to 29.7 million 480 lb. bales on a lower area of 13 million hectares.
Cotton production in Australia is set to climb to 3.9 million bales in marketing year (MY) 2021/22, 50 percent higher than the estimated MY 2020/21 result and 15 percent above the previous 10-year average.