China Policy and Market Update

In December, China imported 1,629,083 bales (354,691 MT) of cotton, representing an increase of 80.43% month-on-month (m/m), and an increase of 130.9% year-on-year (y/y). The total value was USD $588.82 million, representing an increase of 89.33% m/m, an increase of 117.21% y/y. In 2020, Chinese cotton imports totaled 9,912,346 bales (2,158,159 MT), an increase of 16.71% y/y. U.S. cotton was ranked as the largest supplier with a total of 4,486,242 bales (976,764 MT), accounting for 45.26% of total imports, the U.S. cotton’s market share increased 25.76% y/y. Brazil cotton was ranked as the second largest with a total quantity of 2,839,260 bales (618,176 MT), accounting for 28.64% of total imports, and its market share increased 1.31% y/y, according to the latest GACC statistics.

Click Here

More Advocacy Issues

ACSA Update: The Week Ahead

December 9th, 2024

Please use the link below for a glance at the upcoming events for the week of December 9. Document here.

Read More
 

The American Cotton Shippers Association, along with over 260 local, state, and federal trade associations, signed onto a letter urging the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) to resume contract negotiations. Letter here.

Read More
 

Port Strike Updates

December 3rd, 2024

The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) reached a tentative agreement to extend the Master Contract until January 15, 2025. While there are no formal negotiations set, the parties have been informally discussing technology and automation issues. ILA Executive Vice President Dennis Daggett posted an update on the ILA’s Facebook […]

Read More
 

Last week, the Customs Border Protection (CBP) released updated guidance on isotopic testing, as the agency seeks to find more efficient mechanisms for determining the origin of cotton within U.S. textile imports. The document states “… CBP is enhancing its isotopic testing capabilities at three of its laboratories. As a result of these efforts, CBP […]

Read More
 

Briefing on Hurricane Helene

October 29th, 2024

On October 28, the United States Department of Agriculture (USDA) held a briefing on the coordinated inter-agency response to the agricultural impact of Hurricane Helene. See below for takeaways, discussion points, and other details. More here.

Read More
 

Today, a letter was sent to President Biden, signed by the American Cotton Shippers Association and more than 270 other local, state, and federal trade associations. The letter urged President Biden and his administration to use all of its authorities to end the port strike, get the ports open, and get the parties back to […]

Read More