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China’s cotton import dips 29%
Chinese cotton imports in December were down 29 per cent year on year at 188,200 tonnes in December, as demand from the world's largest cotton consumer remains muted.
Chinese cotton imports hit all-time low
Chinese cotton imports reached an all-time low in September, as large domestic inventories reduced reliance on foreign supplies, at a time when economic slowdown is weighing on demand. China imported just 50,900 tonnes of cotton in September, a decline of 59 per cent YoY. This is the lowest monthly import since records began in 2005, and the second month of record low imports in a row.
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