Browse Data and Analysis

Due to excellent conditions during harvest, which followed a good growing season, seed cotton collection has progressed well, and deliveries to ginners are far out-pacing last year.

FAS Mumbai (Post) forecasts marketing year (MY) 2021/2022 cotton production at 28 million 480 lb. bales on an area of 12.4 million hectares.

With the China Cotton Index (CC Index 3128B) price surging 58 percent from its August 2020 level to RMB 20,150 (or, approximately U.S. $3,100) per metric ton (MT) on October 8, 2021, the Chinese government (PRC) is taking steps to rein in prices.

Irrigation water limitations in the Guadalquivir basin have resulted in lower area planted to cotton for MY2021/22.

Harvested cotton area for marketing year (MY) 2021/22 (August to July) in Mali, Senegal, and Burkina Faso is forecasted to increase 93 percent to 1.43 million hectares from the previous year.

Post forecasts 2021/22 cotton area planted at 1.45 million hectares (ha), an increase from the current harvest, but lower than the previous forecast.

The Turkish cotton crop for MY 2021/22 is forecast at 450,000 hectares and 750,000 metric tons (MT) (3.45 million bales).

FAS Mumbai (Post) forecasts market year (MY) 2021/2022 cotton production at 28.3 million (480 lb.) bales on an area of 12.6 million hectares.

Cotton imports are forecast at 2.6 million metric tons (MMT) in marketing year (MY) 21/22. U.S. cotton exports to China surged to 1.2 MMT in the first 11 months of MY20/21, up from the 0.47 MMT in MY19/20, pushing the U.S. share of China’s cotton imports to 45 percent.

Mexico’s textile industry has rapidly recovered from dramatic effects due to COVID-19 and the global slowdown for cotton products during the first half of 2020.

Despite lower area, 2021/22 production is forecast to reach 5.3 million bales, an 18 percent increase over the disappointing 2020/21 crop.

On August 17, 2021, the European Commission (EC) approved seven genetically engineered (GE) crops (3 corn, 2 soybean, 1 rapeseed, and 1 cotton) and renewed the authorizations for two corn and one rapeseed crop used for food and animal feed.