In-Depth Analysis | Market Reports | Product Report

Multiple ups and downs seen in Cotton industry.

Published: February 28, 2021
Author: Manali bhanushali

The February forecast shows slightly lower beginning stocks. Higher production and consumption are largely offsetting. Ending stocks are down marginally. Higher production in China, Australia, and Pakistan more than offsets lower production in India. Production in China is raised sharply on higher than normal last season ginnings. Consumption is raised in China and India on stronger expected recovery in mill demand. Global trade reflects these changes and is raised slightly on higher imports for China.

Reference https://downloads.usda.library.cornell.edu/usdaesmis/files/kp78gg36g/w9505t51b/jd473p90k/cotton.pdf

Related Posts

Non-Life Premiums Muted Growth Continues in Nov; Growth in Health Slows, while Motor OD Pick-ups