Synthetic Fiber Materials Imported From American Garments For Exceeding Cotton Products

According to "my agricultural product net", the data released by the US Department of Commerce indicate that since the beginning of the year, the amount of synthetic fiber material garments in the United States has exceeded the total amount of cotton garments, which is the first time in 10 years. This also confirms that the cotton industry's worries eventually happened: in the clothing industry, cotton has already been defeated.

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As of September this year, the United States imported 19 billion 430 million square meters of clothing, of which 9 billion 870 million square meters of clothing for synthetic fiber, such as polyester and other materials.

Only 9 billion 160 million square meters of clothing material is

This is also the first time in the United States, the world's largest garment importing market since 1991, that cotton material clothing was first lost to synthetic fiber material.

In the first 9 months of this year, the United States

Imports of clothing fell by 2% over the same period last year, despite the increase in demand for clothing in the US over the same period.

Therefore, in the past few years, international cotton prices were at a high level and synthetic fiber technology was improving.

Market participants worry that global cotton stocks will rise to 107 million 100 thousand packages (480 pounds per pack) by the end of July next year, which is enough to meet the cotton consumption demand of the whole year.

Cotton prices have fallen by 30% since the beginning of the year.

Last month, Turkey launched anti-dumping investigations on cotton imports from the United States, and the US industry organization also asked the US regulatory authorities to put pressure on China to "comply with the rules of international trade".

The latest statistics also show that it is unrealistic to expect that cotton prices will fall to stimulate demand growth.