In October, China imported 956,000 bales of cotton, representing a decrease of 1.03% month-on-month (m/m), and an increase of 185.10% year-on-year (y/y). Imports from U.S. were 602,725 bales, representing a decrease of 10.05% m/m, and an increase of 1149.78% y/y, accounting for 63.05% of the total. For more information regarding the Chinese cotton market, textile industry, and policy updates, see the link below. Information provided by Yuan Associates.
Trump Policy Statement Could Signal Movement for Buying American Cotton Act
According to industry sources, a SAP is typically issued by
