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.

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More Advocacy Issues

Agricultural trade groups, including the American Cotton Shippers Association, have urged President Biden and President-elect Trump to address labor disputes at East and Gulf Coast ports. In letters sent yesterday, the group highlighted the urgency of a new agreement between the International Longshoremen’s Association and the United States Maritime Alliance before the contract expires on […]

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ACSA Update: The Week Ahead

December 16th, 2024

Please use the link below for a glance at the upcoming events for the week of December 16. Document here.

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Port Strike Updates

December 13th, 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. Late yesterday, President-elect Trump posted a statement, voicing his support for the ILA’s position on automation. Post here. The ILA posted the statement on its Facebook page. Statement here. The […]

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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.

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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 […]

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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.

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