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Cotton fibre prices, production and consumption forecasts, May 2022
published in Issue 213, May 2022
This report provides comprehensive analyses and forecasts of cotton fibre prices, production and consumption, and it equips strategic planners with information which enables them to predict the extent to which future changes in the cotton fibre price are likely to affect their businesses. In addition, it contains a detailed analysis of trends in cotton fibre prices and regional patterns of cotton fibre supply and demand for the 2021/22 season (August 1, 2021-July 31, 2022), and it provides an outlook for the 2022/23 season. Demand for cotton fibre will be lower than supply in 2021/22 with a resulting rise in stock levels. Despite these developments, there has been upward pressure on prices as a result of expectations of strong demand and also as a result of logistical issues which are impeding supply. Looking ahead, global consumption of cotton fibre is expected to rise, reflecting an improvement in immunisation against COVID-19 and robust demand in smaller Asian nations. However, production of cotton fibre is also predicted to rise. As a result, production will continue to exceed consumption and therefore downward pressure on the cotton price is expected.
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