Browse Data and Analysis

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.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.

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).

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.

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.

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

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.

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...

On August 27, 2020 China issued Determination of Choline in Foods and Dairy Products for Infants and Young Children (Draft for comments).