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Ministry Of Agriculture And Rural Areas: Supply And Demand Situation Of Cotton In June 2020

2020/6/11 17:53:00 0

CottonSupply And DemandSituationAnalysis

This month, the cotton planting area in China is predicted to be 3 million 211 thousand hectares in 2020/21. The output per unit area is 1770 kilograms per hectare, the output is 5 million 680 thousand tons, the import volume is 2 million tons, and the consumption is 7 million 800 thousand tons, all of which are unchanged from last month's forecast. There are some adverse weather such as gale and hail in some cotton areas of Xinjiang, but the climatic conditions in cotton area are generally normal, and the cotton seedlings grow well, and the impact is limited. Affected by the epidemic, the world economic situation is complex and severe. The recovery of textile and clothing consumption demand is facing greater uncertainty. The cotton consumption and import volume will remain unchanged for the time being.

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