Cotton: World Markets and Trade (July 2001)

China: Net Importer in MY2001/2002

The initial 2001/02 forecast for China's consumption is unchanged from the 2000/01 estimate of 23.5 million bales. Production in 2001/02 is forecast at 22.0 million bales, up 8 percent from the 2000/01 estimate. With consumption forecast above production for the third consecutive year, ending stocks are expected to continue to tighten. Ending stocks of 10.8 million bales will be the lowest level since 1994/95. The relatively tight stock situation and high internal prices are expected to lead to increased imports, forecast at 1.25 million bales with exports forecast stable at 500,000 bales. This forecast does not assume WTO accession for China, consistent with USDA practice of not incorporating the effects of policy changes until they actually occur.

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TABLE OF CONTENTS

U.S. Cotton Outlook

World Cotton Outlook

Cotton Prices

U.S. Cotton Highlights

Turkey Update

Most statistical tables contained in this circular may be viewed in Adobe Acrobat format ® (.pdf) or downloaded as Lotus 1-2-3 ® spreadsheets (.wk3).

Tables

Table 1: World Cotton Supply, Use and Trade, 1995/96-2001/2002 (1,000 metric tons) {.pdf, .wk3}
Table 2: World Cotton Supply, Use and Trade, 1995/96-2001/2002 (1,000 480-lb. bales) {.pdf, .wk3}
Table 3: FY 99 GSM-102 and Supplier Credit Programs {.pdf}
Table 4: Area, Yield, and Production by Country 2000/2001-2001/2002 {.pdf, .wk3}
Table 5: Cotton Supply & Distribution by Country 2001/2002 (1,000 480-lb. bales) {.pdf, .wk3}
Table 5-A: Cotton Supply & Distribution by Country 2001/2002 (1,000 metric tons) {.pdf, .wk3}
Table 6: Cotton Supply & Distribution by Country 2000/2001 (1,000 480-lb. bales) {.pdf, .wk3}
Table 6-A: Cotton Supply & Distribution by Country, 2000/2001 (1,000 metric tons) {.pdf, .wk3}
Table 7-A1: U.S. Cotton Exports by Country of Destination (1,000 480-lb. bales) {.pdf}
Table 7-A2: U.S. Cotton Exports by Country of Destination (1,000 U.S. dollars) {.pdf}
Table 7-B: U.S. Cotton Imports by Country of Origin (1,000 480-lb. bales) {.pdf, .wk3}
Table 8: Export Sales Summary {.pdf, .wk3}
Table 9: Northern European Cotton and Adjusted World Price {.pdf}
Table 10: World Cotton Production, Yield, Supply, and Utilization {.pdf, .wk3}
Table 11: United States Cotton Production, Yield, Supply, and Utilization {.pdf, .wk3}
Table 12: Foreign Cotton Production, Yield, Supply, and Utilization {.pdf, .wk3}
Table 13: New Independent States Cotton Supply and Demand, MY 1991/92-2001/2002 {.pdf, .wk3}

Most statistical tables are available in Adobe Acrobat and Lotus version 3 format. You may need to GET the Acrobat reader.

Download the trade tables in Lotus 123 version 3 format. Please note that some versions of Netscape Navigator will change the filename extension; if this happens, you MUST rename the file to .wk3 to access it.

Last modified: Tuesday, August 30, 2005