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World cotton 2018-19

Agrimoney’s Markets Extra is collating estimates for where leading commentators estimate global cotton supply and demand balances for 2018-19.

 

Commentators usually use an August-to-July marketing year.

 

Forecasts for 2019-20 can be found by clicking here.

 

Forecasts for world cotton supply balance, 2018-19
Analyst Area (m hectares)
Production (m bales)
Consumption (m bales)
Balance (m bales)
Carryout stocks (m bales) Date
Fitch Solutions 118.14 120.31 -2.17 May 14 2020
Abares* 118.95 120.33 -1.38** 79.91 March 3 2020
USDA Wasde 118.60 120.19 -1.59 79.99 February 11 2020
Cotton Outlook* 117.04 116.25 +0.794 January 31 2020
USDA Wasde 33.54 118.14 120.19 -1.31** 79.53 January 10 2020
USDA Wasde 118.10 120.29 -1.15** 79.69 December 10 2019
Abares 118.80 120.29 -1.49** 79.94 December 10 2019
ICAC 32.6 118.0 120.3 -1.8 84.1 November 21 2019
Rabobank 33.539 118.797 120.406 -0.386 80.553 November 20 2019
USDA Wasde 118.80 120.29 -0.39** 80.55 November 8 2019
USDA Wasde 119.01 120.23 -0.20** 80.73 October 10 2019
Cotton Outlook 116.9 116.3 +0.694 September 26 2019
Abares 118.5 122.6 -5.5 76.2 September 17 2019
USDA Wasde 119.05 120.44 -0.16** 80.80 September 12 2019
ICAC 118.1 121.0 2.89 83.1 September 3 2019
Cotton Outlook* 117.04 116.26 +0.78 August 30 2019
USDA Wasde 119.19 120.61 -0.76(** 80.27 August 12 2019
Cotton Outlook* 116.92 116.46 +0.45 July 26 2019
USDA Wasde 119.32 121.07 -1.70 79.27 July 11 2019
ICAC* 118.04 122.63 81.75 July 1 2019
USDA Wasde 118.87 122.31 -3.44 77.53 June 11 2019
Cotton Outlook* 117.8 118.7 -0.919 March 29 2019
USDA Wasde 118.89 123.59 -5.05** 76.09 March 8 2019
ICAC* 119.6 123.4 81.0 March 1 2019
Cotton Outlook* 117.7 118.7 -1.00 March 1 2019
USDA 118.45 123.64 -5.55** 75.50 February 8 2019
ICAC* 119.0 123.1 -4.0 81.0 February 1 2019
Cotton Outlook* 118.0 119.9 -1.97 February 1 2019
JP Morgan 119.232 127.403 -8.171 72.120 January 28 2019
ICAC* 120.2 122.6 -2.5 83.6 January 2 2019
Abares* 119.4 127.2 83.6 December 11 2018
USDA 118.74 125.63 73.19 December 11 2018
Cotton Outlook* 119.2 121.1 -1.99 72.120 December 10 2018
Societe Generale 119.549 27.121 -7.572 November 21 2018
Rabobank 118.772 127.287 -9.290 71.098 November 15 2018
USDA 119.39 126.88 72.61 November 8 2018
ICAC* 120.8 126.4 -5.60 81.2 November 1 2018
* = data converted from tonnes **= derived from subtracting season beginning stocks from end stocks

 

 

 

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