In the past week, global cotton demand has continued to be strong, and yarn mills outside China have continued to actively purchase imported cotton. The acceleration of economic growth in Europe in June has led to an increase in clothing purchase orders, which has brought benefits to the Turkish textile industry.
Currently, Chinese export companies have sufficient orders, but rising shipping rates and extremely tight containers have led to an increase in freight trains shipping from Xinjiang and even road transportation from China to Europe. Many problems in international shipping have changed the procurement of yarn mills in many countries, and they have begun to actively replenish inventories and increase orders for far-month shipping schedules.
Specifically, Pakistan continues to purchase American EMOT 41-4-36 green card cotton, new West African cotton, and new cotton from Argentina, Mexico, and Brazil in 2022. Bangladesh purchased West African cotton and Brazilian 2022 new flowers, Indonesia actively purchased Australian M 1-5/32 grade cotton, Thailand purchased Australian cotton, and Vietnam purchased US cotton, Brazilian cotton and Australian cotton, and the demand for Australian cotton began Many of them are purchased by Chinese companies in Vietnam and then shipped back to China for use. Turkey is most interested in Australian cotton and US cotton. Orders from the Caribbean and Peru are very good, and Latin American countries continue to buy US cotton. </p
