Cotton linter market opened the year with a good start

Cotton linter market opened the year with a good start, but under the influence of several factors such as geopolitical conflicts, aggressive interest rate hikes by the Fed and ban on Xinjiang goods, the prices gradually dropped, coupled with big ups and downs. According to customs data, cotton linter import of Chinese mainland in Jun was about 7.578kt, down 54.2% month-on-month and down 59.5% year-on-year. In the first half of this year, the import amounted to 69.373kt, down 31.1% year on year. However, it had exceeded the whole-year import of 2018 and close to that of 2020.