Imported cotton yarn arrivals to China assessment

1. Imported cotton yarn arrivals to China assessment

Cotton yarn imports to China in Oct are estimated at 166kt, up 23.13% y-o-y and 18.4% m-o-m. As demand for imported cotton yarn was tolerable, the increase of imported cotton yarn in Oct is consistent with expectation amid “Golden Sept and Silver Oct”. Considering that some Pakistani cotton yarn is not calculated into the customs’ data, the cotton yarn imports shown by the customs may be 20kt less than actual imports, and the cotton yarn imports of China customs is predicted at 146kt.