Browse Data and Analysis

Post estimates that Vietnam’s cotton imports for MY21/22 to increase 7 percent over the previous year, to 7.8 million bales or about 1.7 MMT.

USDA estimates and forecasts for cotton supply and demand are on an August-July marketing year (MY) for all countries, while estimates published by many governmental or private groups in other countries are based on local MYs. The local MY for India is October-September.

The Turkish cotton crop for Marketing Year (MY) 2021/22 is forecast at 450,000 hectares and 825,000 metric tons (MT; 3.79 million bales). Cotton consumption is expected to be 1,850,000 MT (8.50 million bales) for the same MY.

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.

While hemp has been grown in China for centuries, liberalization of production, processing, and use regulations have only come in recent years.

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.