China cotton lint imports up 146 percent

Aug 16, 2021  |  by Zhao Xinhua


China’s imports of cotton linter in the first half of 2021 were up 146 percent year-on-year. As per a CCF Group report imports in the first and second quarter of 2021 were up 56 percent and 262 percent year-on-year. In the first half of 2021, imports from India, Turkey and the U.S. were up 550 percent, 548 percent and 34 percent.
In the first half of 2021, cotton linter import price fell to a 15-year low. The price of Indian linter is 3.5 percent lower than the average while that of U.S. linter is 33 percent higher than the average.
 
The cotton linter import price in June 2021 was up two percent year-on-year. The price of Turkish linter is 11 percent lower than the average while that of Indian and U.S. linter is 12.8 percent and 27 percent higher than the average. China’s consumption of cotton linter for staple-grade CLP has increased substantially this year, so have cotton linter imports from India, Turkey and Brazil in the first half of the year. Adding the U.S., imports from these four countries account for about 95 percent of total Chinese imports.
 
Source: fashionatingworld.com

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