In China, the consumption of long staple cotton has slowly recovered since 2013/14 season, but it is still lower compared to the period between 2000/2001 and 2010/2011 season. Besides, the high carry-over stocks make profits shrink, and Xinjiang growers show lower intention to plant long staple cott
Consumption of virgin PSF and close virgin PSF currently overlapped in Jiangsu, Zhejiang and Hebei where the competition between these two exists. However, the most important factor promoting the substitution is price spread. According to virgin PSF plants, many close virgin PSF plants with high qua