The U.S. cotton projections for 2021/22 show a 100,000-bale increase in exports from last month, to 14.8 million bales, as stronger than expected late-season 2020/21 shipments extend past July 31.
U.S. 2021/22 production and consumption are unchanged from last month, and with lower beginning stocks and higher exports, ending stocks are now 200,000 bales lower, at 2.9 million.
Global ending stocks in 2021/22 are projected lower this month, down 1.
7 million bales to 89.3 million. World trade is 1.1 million bales higher, with increased imports for China, Bangladesh, and Turkey. Expected exports are higher this month for Brazil, Australia, and Tanzania, as well as the United States.
Viewing the Pakistan’s cotton supply and production in the Fiscal Year 2019-20, the beginning stocks were at 2.50 whereas ending stocks were at 3.
39. Production level was at 6.20. The imports came up to 3.98 and exports came up at 0.06. A total of 0.03 loss was recorded.
When compared with the Fiscal year 2020-21, on a worldwide level, the beginning stocks were at 3.39 whereas ending stocks were at 2.84. Production level was at 4.50. The imports came up to 5.30 and exports came up at 0.03. A total of 0.03 loss was recorded.
