Thursday, June 10, 2021

GAIN Reports from Wednesday, June 9, 2021

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The following GAIN reports were released on Wednesday, June 9, 2021.

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India: Cotton and Products Update - May 2021

Post forecasts MY 2021/22 cotton production to increase by four percent to 29.5 million 480 lb. bales on an area of 12.9 million hectares. Sowing is underway in North India while the southwest monsoon is expected to deliver normal rains over northwest India and above normal rains in Central India. Recent lockdown relaxations in select states will support greater textile manufacturing operations, especially for export products.

 

Kenya: Coffee Annual

FAS Nairobi forecasts Kenya's coffee production will increase from 700 to 750 thousand bags in marketing year (MY) 2021/22 due to anticipated good weather and improved farm practices in response to higher prices. Area harvested is down from 112 to 105 thousand hectares in MY 2020/21 due to the encroachment of real estate development in peri-urban plantations. Local consumption will remain depressed in MY 2020/21 due to the impact of COVID-19 on the restaurant and hospitality sectors, but will recover slightly from 36 to 43 thousand bags in MY 2021/22 as Kenya's tourism sector improves. Trade estimates are revised based on data from Trade Data Monitor.

 

Thailand: Biofuels Annual

Biofuel consumption is expected to remain below AEDP 2018 targets due to the prolonged outbreak of COVID-19 in 2021. The delay in the elimination of octane 91 E10 will undermine E20 consumption growth in 2021, leading to a slight increase in ethanol consumption in line with the slow economic recovery. Biodiesel consumption will likely increase to a greater degree than overall diesel consumption due to the shift from B7 to B10.

 


For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/.


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