Global production and ending stocks show slight changes; Brazil leads with a 2.9% increase in ending stocks.
The September 2025 USDA report shows a stable global cotton market with small variations compared to August. Global production increased 0.9%, while exports fell 0.3%.
Brazil’s ending stocks rose 2.9%, reinforcing the country’s role as a key player in the global cotton market. China’s ending stocks dropped 3%, suggesting higher imports in the coming months.
The world stocks-to-use ratio fell from 63.80% to 61.55%, pointing to a tighter market. This scenario may bring opportunities for Brazilian exporters, particularly with increasing demand from Asian countries.
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