Reduced cargoes to Chinese market

Jul 28, 2023

According to the statistics compiled by CCFGroup, as of Jun 29, cargoes loaded in Jun and bounded for China reached only about 800kt that month. Based on the estimation, cargoes to arrive in China would reduce to about 1.05~1.1 million tons in Jul, much lower compared to the level in May and Jun.

Lower-than-expected port inventory
Vortex-spun yarn

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