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FAS/Cairo revises its Egypt cotton forecast for market year 2021/22, accounting for a rise in area harvested and production.

FAS Mumbai (Post) forecasts market year (MY) 2021/2022 cotton production at 29 million (480 lb.) bales on an area of 12.9 million hectares.

Post forecasts MY 2021/22 cotton production at 29 million 480 lb. bales on an area of 12.9 million hectares.

Post forecasts MY 2021/22 cotton production to increase by four percent to 29.5 million 480 lb. bales on an area of 12.9 million hectares.

Post forecasts India’s MY 2021/22 cotton production will increase by four percent to 29.5 million 480 lb. bales on a reduced area of 12.9 million hectares.

Post forecasts domestic consumption of cotton by the Malaysian textile industry at 350,000 bales in marketing year (MY) 2021/22 on presumed economic growth in Malaysia and strong consumer demand for textiles in the United States and the European Union.

A look at how U.S. agricultural exports performed in 2020.

On April 16, 2021, the Government of Turkey (GoT) removed the three percent anti-dumping duty on U.S. cotton.

The lack of alternative crops keeps Spanish cotton area highly inelastic. Despite good price expectations, tight water supplies in the Guadalquivir river basin and lower cotton specific payments may prevent Spanish cotton acreage from expanding...

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).