Cotton production in November, according to the survey by the end of November to end all basic picking it is expected that 2011 annual cotton area of 80.6 million mu, a 2010 annual cotton planting area of 77.02 million mu, an increase of 3.58 million mu and the growth rate 4.6%, is expected to produce 7.28 million tons, 16% with diameter.

According to the sampling survey, predict 2012 national intention is about 72.16 million mu of planting area, is this year's 80.6 million mu, fell 10.5%.

According to the United States department of agriculture announced in December of the global cotton supply and demand estimates, 2011/12 annual global cotton output forecast 26.87 million tons a month earlier, predict to reduce 110000 tons, but global consumption is reduced greatly 640000 tons to 24.24 million tons, the global final inventory increase of 590000 tons to 12.56 million tons. So, the current year oversupply 2.63 million tons.

Source "the Chinese textile nets"

Edit: Emma