Qingdao Cotton Bonds Imported Cotton Inventory Dynamics

As of the end of September, the total stock of cotton in the Qingdao Bonded Area was 153,000 tons, including 60,000 tons of Australian cotton, 35,000 tons of Indian cotton, 30,000 tons of US cotton, 10,000 tons of Tanzanian cotton, 3,000 tons of Brazilian cotton, 2,400 tons of Mali cotton, Zambia 2700 tons of cotton, 4000 tons of Cameroon cotton, 1000 tons of Uzbekistan cotton.

In the last week of September, the quantity of India's cotton warehousing increased significantly, reaching more than 8,000 tons, and the storage of US cotton was stable at more than 1,000 tons. In terms of prices, US cotton was basically the same with both Indian cotton and African cotton up 0.3%, respectively, at 93.3 cents and 93.8 cents.