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Global cotton production to rise 5.5 per cent

  

As per the June 2021 edition of Cotton This Month, global cotton production is expected to increase by 5.5 per cent in the 2021-22 season while consumption is expected to increase 2 per cent. The report estimates global trade will increase 2 per cent.

As estimated by the International Cotton Advisory Committed, production is expected to increase to 25.5 million tonne due to an increase in planted area in the US and West Africa. On the other hand, consumption is expected to increase to 25.3 million tonne and global trade is expected to increase to 10 million tone. Global ending stocks are also expected to increase to 22 million tonne as the stocks-to-use ratio declines to 0.87, although China’s stock is expected to decrease as the rest of the world’s expands slightly.

Cotton This Month is published at the beginning of the month with the Cotton Update published mid-month. The Cotton Update, which is included in the Cotton This Month subscription, is a mid-month report with updated information on supply/demand estimates and prices.

 
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