Imported cotton yarn arrivals to China assessment

1. Imported cotton yarn arrivals to China assessment

Cotton yarn imports to China in Nov are estimated at 175kt, up 13.23% y-o-y and 26.84% m-o-m. As demand for imported cotton yarn was tolerable in Sep-Oct and the price of USD and exchange rate provided some operating room for traders, so the surge of cotton yarn imports in Nov met the expectation. Considering that some Pakistani cotton yarn is not calculated into the customs’ data, the cotton yarn imports shown by the customs may be 25kt less than actual imports, and the cotton yarn imports of China customs is predicted at about 15kt.