Analysis Of International Cotton Market From 2013 To 2014

< p > it is reported that the output of international 2013/14 cotton is expected to be reduced by 3% from last year to 117 million 200 thousand packs, and the main domestic cotton production is expected to increase relatively, but less than that of China and the United States.

The output of Brazil and Australia is expected to be 4 million 500 thousand packages and 7 million packs, respectively, 5% higher than last year and 21%2013/14 India and Pakistan production respectively 27 million and 9 million 500 thousand packs, respectively, 2% higher than last year.

China's 2013/14 output is expected to decline 2% from last year to 34 million bales.

The US expects to produce 13 million 500 thousand packs in 2013/14, 22% less than last year.

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< p > Global 2013/14 harvest area is expected to be 33 million 900 thousand hectares, 1% less than last year, and the world harvest area has declined for two consecutive years.

Since 2010, the weak price in the world market has been the main reason for the decrease of harvest area.

The world's 2013/14 cotton yield is estimated at 750 kg / ha.

2013/14 world < a target= "_blank" href= "//www.sjfzxm.com/" > strong > textile > /strong > /a > plant consumption is expected to be 110 million 200 thousand packs, an increase of 2% over last year.

India and Pakistan are expected to spend 23 million 300 thousand and 12 million packs respectively in 2013/14, up 2% and 4% respectively over the previous year.

Bangladesh and Vietnam are expected to spend 3 million 800 thousand and 2 million 500 thousand packs respectively in 2013/14, up 2% and 11% respectively over the previous year.

The consumption of textile factories in South Asia and Southeast Asia is expected to increase, and China's yarn demand has provided support for them. The price support of the Chinese government's policy of purchasing and storage restricts the profitability of domestic a target= "_blank" href= "//www.sjfzxm.com/" > strong > cotton yarn < /strong > /a.

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< p > 2013/14 global inventories are expected to hit 92 million 500 thousand Bao Xingao, an increase of 9% over last year.

Final inventory is expected to increase substantially, as world production is bigger than world consumption for third consecutive years, and 2013/14 global cotton trade is expected to decline.

China will account for 64% of the estimated global inventory (58 million 900 thousand packs) due to the current policy of the state reserve cotton purchase and storage.

Compared with last year, it decreased by 6% and 15% to 720 security and 1 million 200 thousand packs.

2013/14 US final inventory is estimated at 2 million 600 thousand packs, down 28% from last year, one of the lowest level in recent years.

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< p > Global 2013/14 cotton imports are estimated to be 38 million 400 thousand packages, representing a 18% decrease over last year, as imports from Mexico, Pakistan, Turkey and Vietnam increased slightly, but China's imports fell even further.

Supply and demand patterns in many parts of the world have improved.

Inventory consumption ratio outside China will decrease in 2013/2014.

Today, the international a target= "_blank" href= "//www.sjfzxm.com/" > strong > cotton < /strong > /a > into the annual replacement stage, the global circulation of cotton resources is limited, short term supply is tight.

The export data of US cotton have changed significantly in the current year. The planting area in the new year has been greatly reduced, inventory is at a low level, and the growth situation is not optimistic.

Mexico expects to import 1 million 200 thousand bales of cotton at 2013/14, an increase of 20% over the previous year.

Pakistan beef and Vietnam are expected to import 3 million and 2 million 500 thousand bags respectively at 2013/14, up 11% and 9% respectively over the previous year.

Turkey 2013/14 expects to import 4 million packs, an increase of 8% over the previous year.

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< p > China is the world's largest cotton importing country. It expects to import 11 million bales at 2013/14, a decrease of 45% (9 million packs) compared with that of last year. The main reason for the sharp decline in China's imports is that the world's exports are limited.

China's 2013/14 cotton imports are expected to decrease, which will reduce the proportion of China's imports in the world to 29%. Compared to last year, China accounted for 43% of Global trade.

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Exports of major export countries (P > 2013/14) are expected to decrease.

Australia and Brazil are expected to export 4 million 200 thousand and 2 million 600 thousand packages respectively at 2013/14, which is 26% and 42% less than that of last year.

Greece and India are expected to export 925000 packs and 5 million 700 thousand packages respectively at 2013/14, down 25% and 21% respectively from the previous year.

The United States, the world's largest cotton exporter, is expected to export 11 million packs at 2013/14, down 19% from last year.

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