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MY2021/22 cotton imports are unlikely to recover due to slow economic growth. MY2020/21 cotton imports reduce sharply, and imports of U.S. cotton are also forecast to decline significantly.
The lack of alternative crops keeps Spanish cotton area highly inelastic.
Vietnam’s success in controlling COVID-19 has allowed textile and garment companies to maintain their operations, despite short-term disruptions.
MY2021/22 cotton imports are unlikely to recover due to slow economic growth. MY2020/21 cotton imports reduce sharply, and imports of U.S. cotton are also forecast to decline significantly.
Mexico cotton production is forecast to increase 22 percent for marketing year (MY) 2021/22, on increased global prices and ongoing drought conditions that favor cotton production over other...
Mexico cotton production is forecast to increase 22 percent for marketing year (MY) 2021/22, on increased global prices and ongoing drought conditions that favor cotton production over other more water reliant crops.
On February 1, the Government of India announced the imposition of a ten percent duty on imported cotton.
The Mexican cotton sector is facing a myriad of challenges, resulting in significant impacts to production in marketing year 2020/21, while COVID-19 demand reductions and supply chain impacts...
On February 1, the Government of India announced the imposition of a ten percent duty on imported cotton.
Post estimates cotton production at 28.9 million 480-lb. bales in marketing year (MY) 2020/21 on an area of 13.3 million hectares.
South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.
On December 23, 2020, the State Council Tariff Commission (SCTC) announced its annual tariff adjustment plan that sets tentative import and export tariff rates for select tariff lines in 2021.