China: Cotton and Products Update

  |   Attaché Report (GAIN)

China’s marketing year (MY) 2019/20 cotton consumption is lowered to 8.6 million tons, based on stagnant textile and apparel exports, low manufacturer confidence due to trade uncertainties, and a rise in substitution of synthetic fibers for cotton. Imports for MY 2019/20 are unchanged at 2 million tons. The impact of the U.S.-China trade situation continues, with Brazil, Australia, and other suppliers benefitting from the additional 25 percent tariff on U.S. cotton exports. Production is lowered to 5.91 million tons, a 2.6 percent decrease from the MY 2018/19 estimate, due to lower yield and area. 

China: Cotton and Products Update

Related Reports

Attaché Report (GAIN)

Brazil: Livestock and Products Semi-annual

Brazil is currently at the bottom of the cattle cycle, liquidating inventories since 2023. The oversupply of cattle for slaughter has led to a slow price recovery and longer-term impact to the replacement market.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices remain unchanged as the downward price pressure from the new supplies of white rice offsets the strengthening of the Thai baht.
In January 2024, the Israeli Ministry of Health’s National Food Services found that cultivated beef is “safe for human consumption.”