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Attaché Report (GAIN)

China: Cotton and Products Update

Estimated cotton imports for marketing year (MY) 22/23 are reduced to 2.2 million metric tons (MMT) on high carry-in stocks and higher domestic production. MY 22/23 production is increased to 6 MMT on higher yields in Xinjiang. China’s slowing economy and weak domestic demand reduced cotton use in MY 21/22 to 8 MMT and lowered imports to 1.76 MMT.
A recent industry survey in one of China’s leading provinces for textile and apparel manufacturing highlights the negative impact of the PRC’s zero-tolerance COVID policy in the world’s largest cotton market and area economy. According to survey results, production estimates are down, costs are higher, and deliveries are delayed.
Data Product

2021 Agricultural Export Yearbook

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
Attaché Report (GAIN)

China: Cotton and Products Annual

Higher downstream demand for textiles and garments and reduced cotton yarn imports are expected to raise spinning demand for cotton in marketing year (MY) 22/23, lifting cotton imports to an estimated 2.3 million metric tons (MMT).
Attaché Report (GAIN)

China: Cotton and Products Update

Post expects China's MY 2021/22 cotton imports and production to decline from the previous forecast.
With the China Cotton Index (CC Index 3128B) price surging 58 percent from its August 2020 level to RMB 20,150 (or, approximately U.S. $3,100) per metric ton (MT) on October 8, 2021, the Chinese government (PRC) is taking steps to rein in prices.
Attaché Report (GAIN)

China: Cotton and Products Update

Cotton imports are forecast at 2.6 million metric tons (MMT) in marketing year (MY) 21/22. U.S. cotton exports to China surged to 1.2 MMT in the first 11 months of MY20/21, up from the 0.47 MMT in MY19/20, pushing the U.S. share of China’s cotton imports to 45 percent.
Data Product

2020 U.S. Agricultural Exports

A look at how U.S. agricultural exports performed in 2020.
China’s marketing year (MY) 21/22 cotton imports are projected to increase slightly to 2
Data Product

2020 Agricultural Export Yearbook

The 2020 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. This summary lists only the United States’ primary trading partners.
On December 23, 2020, the State Council Tariff Commission (SCTC) announced its annual tariff adjustment plan that sets tentative import and export tariff rates for select tariff lines in 2021.
Attaché Report (GAIN)

China: Cotton and Products Update

In marketing year (MY) 20/21 (August-July), China’s cotton consumption and cotton imports are projected to recover to 8.1 million metric tons (MMT) and 2 MMT respectively...