Mexico: Cotton and Products Update
Mexican cotton producers have faced a shortage of available cotton seed for marketing year (MY) 2019/20 planting, resulting in an expected reduction in planting and production, which reached a record in 2018/19. This reduction will be offset by an increase in imports, which are fulfilled completely by the United States. Additionally, there are concerns that the uncertainty and weakness of the Mexican economy is creating consumption challenges for the domestic textile sector. Contacts indicate that the textile industry is working to diversify and expand product offerings in order to compensate for low consumer consumption demand.
Mexico: Cotton and Products Update