Cotton production in top producer China could decline this year as cold weather delayed sowing and damaged plants in some areas, and some farmers followed government advice and switched to grain.
According to Guo Chao, general manager of Hebei Jingyu Textile Materials Co., a major cotton trader and processor, the crop could fall by as much as 1 million tons from last year. If realised, this would represent a drop of more than 15% from production of around 6 million tonnes in 2022.
China is the world's largest textile producer and one of the largest cotton importers. Any reduction in production could potentially boost overseas cotton purchases, but a slowing of the global economy could be countered by a weaker outlook for demand as exporters of textile products.
Unseasonably cold weather damaged cotton crops in the main growing region of Xinjiang, just as local governments were encouraging farmers to grow the grain as part of a nationwide campaign to bolster food security.
Cotton farmers in some regions were told to plant up to 10% of their land to grain, according to Mysteel, a commodities consultancy in China, and the company is predicting a 10% drop in cotton acreage from last year.
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