• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Economic Observation: The Fear Of Declining Chinese Demand For Consumer Goods Such As The Cotton Market When Trump Took Office In The United States Is Rising

    2024/12/16 15:25:00 0

    TrumpCotton

    Recently, the Ministry of Agriculture and Rural Affairs released an analysis report on the supply and demand situation of agricultural products. In 2024/25, the national cotton output increased by 180000 tons to 5.9 million tons, and the national cotton import forecast decreased by 300000 tons to 1.7 million tons (a year-on-year decrease of nearly 48%).]

    The "China Cotton Supply and Demand Balance Table" of the China Cotton Association also lowered the total cotton import forecast for this year from the previous 2 million tons to 1.9 million tons. Other institutions and cotton related enterprises have also lowered the cotton import data of this year, most of which are concentrated in 1.5-180 million tons. According to customs statistics, in the first two months of 2024/25, China's cotton imports totaled 223100 tons, a year-on-year decrease of 57.32% (including a year-on-year decrease of 63.17% in October), showing a precipitous decline.


    Why do all institutions cut down the forecast of China's cotton import in 2024/25? The opinions are summarized as follows (without discussing the adjustment of the changes in the economic situation of the United States and Europe on the demand for textile clothing):

    First, the total amount of China's cotton import quota issued in 2024/25 has been basically clear, that is, 200000 tons sliding tariff+894000 tons 1% tariff, and the total amount of cotton imports is stable.

    Second, the cotton output forecast of Xinjiang in 2024/25 has been continuously raised, the supply has grown rapidly, the demand gap has become smaller and smaller, and the dependence on imported cotton has decreased. According to statistics, as of December 12, 2024, Xinjiang has processed nearly 5.09 million tons of lint in 2024/25, a year-on-year increase of about 19%. Some cotton related enterprises estimate that the annual output may reach 640-6.5 million tons.

    Third, China's demand for imported cotton may fall sharply in 2025. After Trump came to power, he will impose additional tariffs on Chinese imports, which has raised market concerns about the decline of Chinese cotton demand. In addition, the United States will probably impose an additional 10% tariff on imports from Vietnam, Pakistan, Bangladesh and other countries (Mexico and Canada will also be subject to additional tariffs), which has a relatively large indirect impact on China's textile and clothing traceability list exported to the United States and the European Union. Therefore, it is predicted that China's cotton import volume may decline in 2024/25.


    • Related reading

    Vietnam Textile And Clothing Association (Vitas): The Textile And Clothing Industry Maintains Good Growth

    Global Perspective
    |
    2024/12/10 19:31:00
    18

    Ministry Of Commerce: Cameroon Expects Cotton Output To Decline By 8% In 2024/2025

    Global Perspective
    |
    2024/12/10 19:31:00
    144

    Sri Lanka'S Daily Mirror: In The Field Of Clothing And Textiles, Exports Showed Elasticity In September

    Global Perspective
    |
    2024/11/21 17:55:00
    5

    Global Perspective: Vietnam'S Clothing And Textile Exports To The EU Grew 9.6% In The First Nine Months Of This Year

    Global Perspective
    |
    2024/11/21 17:53:00
    21

    The Belt And Road Initiative: Focus On Cambodia'S Garment Export Market In Southeast Asia

    Global Perspective
    |
    2024/11/21 17:47:00
    2
    Read the next article

    Market Analysis: American Cotton Market, An Industrial Cluster, Continues To Pay Attention To The Weekly Export Sales

    The US Department of Agriculture (USDA) raised its estimate of US cotton production in 2024/25 by 70000 bales to 14.26 million bales; The export volume of American cotton is estimated to remain at

    主站蜘蛛池模板: 成人看片黄在线观看| 中文字幕欧美日韩在线不卡| 高铁上要了很多次| 日本免费精品一区二区三区| 国产91精品久久久久久久| 一个人免费观看日本www视频| 爱情论坛免费在线看| 国产精品福利一区二区| 久久这里有精品视频| 色一情一乱一伦麻豆| 天天干天天操天天摸| 亚洲国产精品综合久久网各 | 久久免费区一区二区三波多野| 色欲欲WWW成人网站| 女人高潮内射99精品| 亚洲无圣光一区二区| 麻豆回家视频区一区二| 巨大欧美黑人xxxxbbbb| 亚洲欧美日韩久久精品第一区| 好男人官网在线播放| 成年人视频网址| 亚洲欧美日韩精品久久奇米色影视 | 亚洲欧美久久精品1区2区| 国产真实乱xxxav| 成人午夜福利视频| 亚洲精品在线不卡| 黄色永久免费网站| 孕交videodesexo孕交| 亚洲成AV人片在线播放无码| 里番acg全彩本子| 天天干天天在线| 九九免费观看全部免费视频| h视频在线免费| 欧美乱色理伦片| 四虎影视在线影院在线观看| 97久久天天综合色天天综合色 | 精品国产乱码久久久久软件| 国产精品第十页| 中文字幕日产每天更新40| 波多野结衣bt| 国产丝袜第一页|