The origins of imported cotton linter are expected to see big changes since the second quarter

The import was expected to recover in the second quarter and afterwards because there was still willingness and dependency of imports when the price gap between Chinese and imported cotton linter was large at present. However, due to the large beginning stocks of Chinese cotton linter and sluggish downstream demand, the year-on-year decrease in demand mostly came from imported cotton linter with poor cost performance.
The origins of imported cotton linter are expected to see big changes since the second quarter. Brazil, India and Central Asia take the leading position with total percentage of more than 80%. Among them, India has been the largest source of China's imported cotton linter for many years, accounting for more than 40%. In recent years, China produced less cotton linter pulp, and the import of cotton linter from India has dropped sharply, but is expected to recover this year. Affected by the Turkish earthquake and the cost performance of products, the import volume from Turkey is small, but may increase later. There are more imports from Brazil and Central Asia with the consumption trend of resource diversification in China.