With high absolute price and inadequate downstream orders

With high absolute price and inadequate downstream orders, cotton yarn traders restocked much less in general, and affected by coming Spring Festival holiday (Jan 31-Feb 6), they tried to avoid late-Jan arrivals. Therefore, Jan cotton yarn imports of China is likely to be less than that in Dec 2021. According to CCFGroup’s survey, the imports in Jan 2022 is initially assessed at 117kt, down about 39.9% on the year and 10.68% on the month; and Feb imports may be much more than Jan one