Report Highlights: 

Posts forecasts MY 25/26 cotton production at 6.35 million metric tons (MMT) on stable planted area and a return to normal weather conditions. 

Imports are forecast at 1.55 MMT and domestic consumption at 8.15 MMT. Post revised up its estimate for MY 24/25 cotton production to 6.81 MMT. 

MY 24/25 imports are revised down to 1.40 MMT, as a glut of domestic cotton and high MY 23/24 imports are reducing demand for imported cotton. 

Beijing’s imposition of 140 percent tariffs on U.S. cotton will all but stop further imports from the United States.

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