China's blended cotton yarn imports in Aug 2024

In Aug 2024, China's imports of blended cotton yarn totaled around 11.1kt, showing a slight decrease of about 500 tons compared to July. From January to August 2024, the cumulative import volume of blended cotton yarn has totaled 96.7kt, with around 86.55% imported from Vietnam. Overall, the import volume has shown little fluctuation compared to cotton yarn. Among the imported blended cotton yarn, carded yarn 8-25s represents about 51% of the total, while the share of carded yarn below 8s was around 16% in August. The remainder primarily consists of blended combed yarns. Recently, as overseas cotton prices have gradually strengthened, the price increase for blended yarns has been relatively modest, resulting in overall good sales performance. Some Vietnamese yarn mills have scheduled shipments of blended yarn for November, and it is expected that China's import volume will remain above 10,000 tons per month in the upcoming period.