China: Cotton and Products Update

  |   Attaché Report (GAIN)   |   CH2024-0156

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China: Cotton and Products Update
Post raises its marketing year (MY) 2024/25 cotton production estimate to 6.2 million metric tons (MMT) on record high yields of more than 2.1 MT per hectare. This is an increase of 5 percent from the prior marketing year. Consumption for MY 2024/25 is lowered 0.1 MMT from the previous forecast to 8.1 MMT, reflecting domestic and international demand uncertainty. Strong domestic production and high stocks will lead to a reduction of imports from last year’s record high of 3.3 MMT. Post now forecasts MY 2024/25 cotton consumption at 1.8 MMT, down 200,000 MT from its previous forecast.
East Asia and the Pacific, China
Cotton and Hemp, Cotton

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