Imbalance Between Cotton Output And Import Volume In Pakistan

The US agricultural Counsellor's analysis reported that Pakistan's cotton production in 2016/17 was estimated to be 1 million 740 thousand tons, up 218 thousand tons compared with the same period last year, but lower than the US Department of agriculture's forecast of 1 million 960 thousand tons in June.

2016/17,

Cotton imports are estimated at 500 thousand tons, higher than the US Department of agriculture forecast of 370 thousand tons in June.

Cotton prices in Pakistan have been depressed for second consecutive years, forcing cotton farmers to grow corn and sugar cane.

The area is expected to be 37 million 500 thousand mu, a decrease of 4 million 500 thousand mu compared with the same period.

In the rest of the year, cotton imports in Pakistan are expected to decrease, but still close to the highest value of 760 thousand tons.

The US Department of agriculture predicted June cotton in Pakistan this year.

It was 675 thousand tons, an increase of 206 thousand tons over the same period.

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The global cotton production and demand forecast released by the international cotton advisory board (ICAC) in May showed that the increase in cotton production per unit in May led to an increase in cotton production.

In 2016/17, although the global cotton planting area is expected to be reduced by 1% to 31 million 100 thousand hectares, the average yield per unit area is expected to increase from 5% to 49 kg / mu, and the output is expected to increase by 5% to 23 million tons.

India's cotton planting area is expected to reach 12 million hectares, an increase of 1% over the same period last year. Although there are still concerns about insect pests, the improvement of the wind and rain this year is expected to increase India's cotton yield by 6% to 34.7 kg / mu. India's cotton production is expected to return to 6 million 300 thousand tons, up 8% over the same period last year, and is still the largest country in the world's output.

China's cotton planting area is expected to decline by 10% to 3 million 100 thousand hectares, down for fifth consecutive years, and cotton production is expected to be 4 million 700 thousand tons, down 10% from the same period last year, the lowest level since this century.

The cotton planting area in the United States is estimated at 3 million 400 thousand hectares, an increase of 5% over the same period last year. According to the average output of 61.9 kg / mu in the past four years, the output of cotton is estimated to be 3 million 200 thousand tons, up 14% over the same period last year.

The cotton planting area in Pakistan is expected to be 2 million 700 thousand hectares, a decrease of 5% over the same period, but the average yield per unit area is expected to recover from 25% to 44.1 kg / mu, and cotton production is expected to grow 19% to 1 million 800 thousand tons.

In 2016/17, global cotton consumption is expected to remain at 23 million 600 thousand tons, mainly because other fibers are more competitive than cotton.

China's consumption is expected to be reduced by 5% to 6 million 800 thousand tons, but Vietnam's consumption is expected to grow 11% to 1 million 200 thousand tons, Bangladesh's growth of 10% to 1 million 200 thousand tons, India's growth of 3% to 5 million 400 thousand tons, and Pakistan's growth of 1% to 2 million 200 thousand tons.