Australian cotton export volume nearly doubled year-on-year
According to foreign reports on July 5, affected by lower average export costs and seasonal factors, Australian cotton exports reached 83,000 tons in May, a year-on-year increase of 92.1%, setting the highest monthly level in the past nine months. . Among them, cotton exports to China nearly tripled year-on-year; cotton exports to Indonesia and Japan were 14,600 tons and 3,400 tons respectively, both setting the highest record for the same period in the past four years; cotton exports to Malaysia were 0.24 million tons, a year-on-year increase of approximately 4 times, setting a record for the same period in history.
Even so, the cumulative export volume of Australian cotton as of May this year is only 283,000 tons, a year-on-year increase of 2.4%. To reach the USDA’s latest forecast of annual export volume of 609,000 tons, the average monthly cotton export volume in the next two months will be The volume required is 166,000 tons, which is almost twice the export volume in May, so it is more difficult. It is expected that cotton export volume this year is likely to be far less than 609,000 tons.
Disclaimer:
Disclaimer: Some of the texts, pictures, audios, and videos of some articles published on this site are from the Internet and do not represent the views of this site. The copyrights belong to the original authors. If you find that the information reproduced on this website infringes upon your rights and interests, please contact us and we will change or delete it as soon as possible. </p
