The severe drought condition in the United States triggers the worries over U.S. cotton quality and prices have no enough discounts. Sales are not favorable overall. Except Pakistan and China, original large buyers like Vietnam turn to purchase Australian cotton. If U.S. cotton sales keep low, it ma Read More

Though 2021/22 Brazilian cotton production increase is lower than anticipation, down from 2.78 million tons to 2.55 million tons, benefited from the sales at high level, cotton growers gain good profits and planting costs reduce obviously in recent months, so they are still active to plant cotton cr Read More

Since 2022/23 season (from Aug 2022), monthly export volumes of Brazilian and Australian cotton were extraordinary high. In Aug and Sep, Australian cotton exports reached 248kt and 215kt respectively, up 125% and 71% year on year, and the data in Aug hit a historical high. The largest buyer was Viet Read More

It can be seen from chart that cotton inventory in cotton yarn mills has already been at low level, and could only last for half a month. However, the normal averaged value is around 30days. In 2021/22 season, cotton inventory of cotton yarn mills narrowed constantly, and it gradually reduced from 4 Read More

The epidemic in Guangzhou, Xinjiang, Zhengzhou and Nantong affected the operating rate of enterprises in different regions. The operating rate of both cotton yarn mills and fabric mills reduced because of epidemic control and the accumulated inventory due to the lack of orders. The operating rate of Read More

Now it is the arriving season for new cotton. More than 90% Chinese cottons were produced in Xinjiang, but epidemic slowed down cotton procurement, processing, inspection and transportation obviously. Chinese cotton supply was relatively tight, and cotton procurement as well as sold prices are in gr Read More