 |
India: Record Consumption and Strong Exports Lower Historically High Stock Levels
13.10.2021 13:34 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Cotton: World Markets and Trade (January 2020), India’s 2021/22 consumption is forecast at a record 25.5 million bales and exports are projected at the second-highest level in 8 years at 5.8 million. This level of total use is forecast to lower ending stocks to 12.4 million bales, down nearly 4.0 million compared with the record level 2 years prior. A robust recovery from the COVID-19 pandemic and stronger domestic consumption and exports of cotton yarn, fabric, and products are projected to support a significant downfall in stocks. Stock levels nearly doubled to a record 2 years ago primarily due to the following factors. First, production soared 3.0 million bales while consumption fell over 4.0 million. Second, India’s seed cotton prices fell below the Minimum Support Price (MSP), which drove record state purchases and storage of cotton lint in CY 2020 by the Cotton Corporation of India (CCI). For more information, see the June 2020 publication titled «India: Record 2020/21 Stocks Despite Higher Consumption» here. Yet, the CCI’s record stock levels quickly fell with record sales in 2020/21. Mills and exporters were eager buyers, with 2020/21 domestic consumption rising 4.0 million bales and exports at their highest in 7 years at 6.2 million. India’s projected record consumption in 2021/22 is driven by the expected strong gross domestic product (GDP) growth as well as rising textile exports. The International Monetary Fund’s October Update projected India’s GDP growth at 9.5 percent in 2021 and 8.5 in 2022, which is expected to support domestic consumption of cotton textiles and garments. World GDP growth projections of 5.9 percent in 2021 and 4.9 percent in 2022 are expected to support exports of cotton lint, yarn, fabric, garments, and home furnishings. CCI is not expected to purchase a significant quantity of domestic cotton in 2021/22, due to spot prices exceeding the MSP procurement price (5,762 rupee per 100 kgs of seed cotton). Fewer government purchases and less storage coupled with the second-highest level of total offtake (consumption plus exports) are expected to prevent stocks from ballooning back to historically high levels. AGRO PERSPECTIVA offers Agro + «Ukrainian Grain & Oilseed Market» weekly analytical bulletin. Concerning subscription please contact: client@agroperspectiva.com or +380675964652 (WhatsApp, Viber, Telegram).
03.02.2025 |
|
 |
|
|
 |
23:55 |
Ukraine's Ministry of Agrarian policy allocates sugar export quotas to EU |
31.01.2025 |
|
|
|
|
|
17:20 |
Global orange production for 2024/25 is forecast down 662,000 tons to 45.2 MT |
|
17:15 |
Argentina Lemon/Lime Exports Continue to Decline |
24.01.2025 |
|
|
|
|
|
16:38 |
Ukraine’s agricultural sector earned $24.5 bln in 2024, setting second historical record |
23.01.2025 |
|
|
|
|
|
15:46 |
Eurobarometer survey shows strong support for the Common Agricultural Policy (CAP) |
22.01.2025 |
|
|
|
|
|
20:54 |
Since the beginning of 2025, 117 agricultural enterprises have received UAH 318.7 million under the Affordable Loans at 5-7-9 programme |
|
20:43 |
Ukrainian agricultural land needs to be cleared and returned to circulation as soon as possible |
21.01.2025 |
|
|
|
|
|
21:45 |
A groundbreaking new study, “Governance and resilience as entry points for transforming food systems in the countdown to 2030”. Key Findings |
|
21:37 |
Nitrogen use efficiency must be improved to reduce harm to human and environmental health |
11.01.2025 |
|
|
|
|
|
11:16 |
Russia Grain Export Quota to Curb Wheat Exports in 2025 |
|
09:12 |
Iraq Emerges as a Soybean Importer |
08.01.2025 |
|
|
|
|
|
22:13 |
FAO Food Price Index dips during the month of December |
|
18:49 |
FAO calls for urgent action to address widening famine in Sudan |
22.12.2024 |
|
|
|
|
|
05:26 |
FAO transfers 185 generators, 6,474 grain hoses to Ukrainian farmers in 2024 |
|
03:53 |
The EU agri-food trade surplus increased by 15% in September 2024, reaching EUR 6 billion |
19.12.2024 |
|
|
|
|
|
09:05 |
World coffee production for 2024/25 is forecast 6.9 million bags higher |
18.12.2024 |
|
|
|
|
|
23:11 |
China’s Expanding Coffee Consumption |
17.12.2024 |
|
|
|
|
|
22:37 |
Bangladesh Soybean Import Recovery Expected to Continue |
14.12.2024 |
|
|
|
|
|
21:03 |
World apple production for 2024/25 is forecast to fall nearly 350,000 tons to 84.0 million |
13.12.2024 |
|
|
|
|
|
09:11 |
U.S. Fresh Pear Exports Fall on Historically Low Harvest |
10.12.2024 |
|
|
|
|
|
21:03 |
Indonesia Grain Imports to Subside after 2023/24 Record |
|
08:14 |
Higher vegetable oil quotations drive up FAO Food Price Index, but lower cereal and sugar prices temper the rise |
|
07:45 |
Cereal trade revised downwards amid weaker demand |
02.12.2024 |
|
|
|
|
|
23:17 |
Prime Minister: Some 50 partner countries have joined the humanitarian demining coalition |
|
22:56 |
Norway pledges additional $4.5 mln to Ukraine's Grain from Ukraine initiative |
01.12.2024 |
|
|
|
|
|
03:30 |
EU agri-food trade slowed down in August 2024 |
26.11.2024 |
|
|
|
|
|
00:06 |
Global sugar production, compared to last year, is estimated up 2.8 million tons to 186.6 million |
24.11.2024 |
|
|
|
|
|
04:43 |
During the Operation of Our Grain From Ukraine Program, We Have Managed to Save 20 Million People from Hunger – Zelenskyy |
|
04:15 |
Ukraine Is Ready to Share Technologies, Military Experiences and Processing Methods with African Countries – the President |
22.11.2024 |
|
|
|
|
|
10:15 |
South Africa Sugar Production and Exports Estimated Down |
19.11.2024 |
|
|
|
|
|
23:04 |
Global Olive Oil Production Forecast to Rebound in 2024/25 |
|
22:47 |
Vitalii Koval discusses Ukraine's European integration with European colleagues |
|
16:06 |
EBRD, European Union and United States help Kyiv prepare for winter |
18.11.2024 |
|
|
|
|
|
09:21 |
Agriculture Development Strategy 2030 – a roadmap to the EU |
|
09:19 |
Ukrainian farmers have sown 96% of projected winter crop area |
01.11.2024 |
|
|
|
|
|
20:31 |
Ukraine has officially joined the International Fund for Agricultural Development |
|
20:29 |
Ukrainian farmers harvested 63.7 million tonnes of grains and oilseeds |
25.10.2024 |
|
|
|
|
|
22:50 |
Agriculture hit hard: October port strikes rack up 30-40 million dollars in losses |
|
21:04 |
Ministry of Agrarian Policy expects exports to rise in dollar terms |
|
10:57 |
Ukrainian corn seed flows to Europe in further farm trade shift |
24.10.2024 |
|
|
|
|
|
23:02 |
Tree Nut Import Markets Highly Concentrated |
23.10.2024 |
|
|
|
|
|
11:18 |
Prime Minister UK warns Russian threat to global stability is accelerating as Putin ramps up attacks on Black Sea |
15.10.2024 |
|
|
|
|
|
09:35 |
Brazil Continues to Dominate Growth in Global Chicken Meat Exports in 2025 |
11.10.2024 |
|
|
|
|
|
23:33 |
China Cottonseed Imports Show Strong Demand in Recent Years |
|
20:30 |
India Removes Rice Export Ban, Spurring Additional Trade |
30.09.2024 |
|
|
|
|
|
17:27 |
List of agricultural machinery with cost compensation expanded to 11,300 items |
29.09.2024 |
|
|
|
|
|
20:21 |
1 in 11 people worldwide faced hunger in 2023, 1 in 5 in Africa If current trends continue, about 582 million people will be chronically undernourished in 2030, half of them in Africa |
|
17:13 |
EU agri-food surplus increased in the first half of 2024 |
27.09.2024 |
|
|
|
|
|
09:02 |
BASF presents new corporate strategy: BASF is setting a new direction for portfolio steering, capital allocation and performance culture |
26.09.2024 |
|
|
|
|
|
10:25 |
BASF sets new direction with corporate strategy and maintains high level of shareholder distributions |
Also available: 
|
| |
|
|
