China: Cotton and Products Update
Link to report:
Marketing Year 21/22 cotton imports are expected to decline from Post’s previous forecast to 2.3 MMT on lower consumption, higher yarn imports, and high domestic and international cotton prices. Production is forecast downward from previous reporting to 5.85 million metric tons due to reduced acreage in the Xinjiang region, which is expected to account for 92 percent of production in MY 21/22.