Imported volume of cotton yarn from major origins in 2022

From above charts, yarn imports in July showed a downward trend. The cotton yarn imports were less than 1kt from India. At present, there were still scarce pre-ordered low-count ring-spun Indian cotton yarn in the market, and the loss reached 100,000yuan per container. After the implementation of the Xinjiang cotton ban, the spot prices of Uzbekistan yarn dropped greatly in line with Chinese cotton yarns. The demand in market weakened further, and imports in July dropped to one-tenth of those in June