The impact of Covid-19 would be on the cotton industry, but the fast-moving pandemic has injected a tremendous amount of uncertainty into every link of the global supply chain. Millions of people are self-isolating and the cotton and textile business is at a virtual standstill.
As many businesses have been required to slowdown or close for the consideration of public health, manufacturing and supply chain activity in Asia and Southeast Asia have decelerated as orders have slowed or have been cancelled — and things could get much worse in the coming months. The global production estimate for the 2019/20 season remains unchanged at 25.9 million tones while our consumption estimate has been revised downward to 24.6 million tones.
Cotton This Month is published at the beginning of the month with the Cotton Update published mid-month. The Cotton update, which is included in the cotton this Month subscription, is a mid-month report with updated information on supply/demand estimates and prices. The next Cotton Update will be released on 15 April 2020. The next cotton this Month will be released on 1 May 2020.
