Forecast this month, China's cotton planting area in 2023/24 is 28.72 million mu, a decrease of 1.28 million mu compared with the previous year, mainly because Xinjiang continues to optimize the planting structure, and the second-best cotton area has accelerated its withdrawal; the weather during the cotton planting period is more favorable than normal , the yield per unit area increased by 1% to 2012 kg/ha; cotton production was 5.78 million tons, a decrease of 200,000 tons from the previous year; imports were 1.85 million tons, which was consistent with the previous year; the recovery of economic growth stimulated cotton demand, and cotton consumption was 7.72 million tons, an increase of 2.9% over the previous year.
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