Report Highlights:
Post forecasts MY 2025/26 cotton production at 6.91 MMT, an increase of 8 percent from the previous report and marginally higher than the official USDA estimate.
Post lowers its MY 2024/25 cotton import estimate to 1.1 MMT, down 66 percent from MY 2023/24.
Cotton consumption growth remains weak as fierce price competition in the anemic domestic market has led companies to increasingly incorporate cheaper synthetic fibers at the expense of cotton, while export oriented textile firms face an uncertain trade environment.
Πηγή: USDA-FAS