Industrial Cluster: Australia'S Cotton Production In The Next Year May Reach A Record High

According to the latest report of the US Department of agriculture, Australian cotton production is expected to reach a record 6 million bales in 2022 / 2023, an increase of 9% over the 5.5 million bales in 2021 / 2022, more than double the average in the past five years. The reason is that the supply of irrigation water at the beginning of sowing in October 2022 is expected to increase significantly, and the domestic cotton price and ice cotton futures price are soaring, These will lead to an 8% increase in the area planted next year, from 600000 hectares to 650000 hectares. It is understood that most of Australia's irrigation fields have had extremely abundant rainfall in spring and summer this year, so the water level of irrigation canals has risen to a rare state of fullness. As the cotton output in 2021/2022 reached 5.5 million bales, the Australian cotton export in 2022/2023 is expected to increase to 5.8 million bales, reaching the second highest level in history, an increase of 65% over the average in recent ten years.

In recent years, Australia has gradually developed cotton planting in the southern part of New South Wales, the northernmost part of Queensland and the western state of Victoria. The feasibility study of cotton production is being carried out in some areas. These areas have great potential for expansion in the future. If the progress is smooth, the cotton production in Australia will reach a new level in the future.

(source: China Textile News)