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Imported cotton port stockpile decreased by 0.39% week-over-week
Mysteel survey shows that as of April 30, imported cotton main port inventories decreased by 0.39% week-on-week, with a total inventory of 589.2k tons. Among them, Qingdao, Jinan ports in Shandong Province and surrounding warehouses have 496k tons, an increase of 20.68% year-on-year; Jiangsu Province’s Zhangjiagang port and surrounding warehouses have about 51.5k tons of imported cotton inventory, and other ports have about 41.7k tons. This week, the inbound volume of foreign cotton is not large, and shipments are slow. (My Steel Network)